Chevron and GE Vernova plan 4GW of gas power plants for data centres, targeting AI's massive electricity needs with first facilities launching in 2027

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,

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

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

Apple stock rises after the tech giant posts better-than-expected earnings and guides for solid growth, Intel edges higher after revenue projections miss analysts’ estimates, and Chevron posts adjusted earnings below expectations.

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.

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The launch of the energy-efficient DeepSeek chatbot roiled tech and power markets in late January. But supermajors Exxon Mobil and Chevron continue to field intense demand for data-center power supply,