Per the Times, Chevron is already ordering equipment and pursuing potential locations for these power plants, which the company believes it can get up and operational in just three years. The plan, according to Chevron CEO Mike Wirth, is to “meet the moment and address this growing need for reliable and affordable power.”

Chevron Corporation CVX, Engine No. 1 and GE Vernova recently collaborated on an ambitious initiative to develop natural gas power plants to support the surging energy demands of AI-driven data centers.

Activist investor Engine No.1 is now teaming up with Chevron to build natural gas-fired power plants to meet soaring AI-driven electricity demand.

Oil and gas producer Chevron said on Tuesday it plans to build natural gas-based power plants next to data centers in the U.S., as energy demand to support the growth of artificial intelligence is expected to boom.

Chevron and Engine No. 1 partner to build multi-gigawatt natural gas power plants, fueling the AI-driven data center boom.

Oil company Chevron is partnering with Engine No. 1 and GE Vernova to create natural gas power plants in the United States that will be linked to data centers in order to support increased demand for electricity at these centers,

Top 14 Stocks to Watch. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands against the other stocks. Jim Cramer, the host of Mad Money, recently shared his thoughts on the upcoming earnings season,

Rapid adoption of AI technology is triggering a surge in data centre development, and in turn increasing demand for electricity

US oil and gas major Chevron and San Francisco-based hedge fund Engine No. 1 have partnered to develop and scale natural gas-powered power plants to serve co-located data centers in the Southeast, Midwest, and West of the US.

December 05, 2024--Chevron Corporation today announced an organic ... to develop advanced artificial intelligence (AI)-Assisted solutions to help operators make decisions to enhance efficiency ...

Chevron Corp. is launching a partnership to develop natural gas-fired power plants next to data centers, a move that will allow it to tap into surging demand for electricity for artificial intelligence.

Chevron U.S.A. announced Tuesday a partnership with Engine No. 1 and GE Verona in plan to develop reliable power solutions for U.S. data centers running on natural gas.