Chevron joins AI gas-to-power push
Oil and gas firm backs Trump agenda as it unveils plan to deploy gas-fired capacity to power US datacentres
Chevron has unveiled plans to develop up to 4GW of gas-fired power generation capacity to supply datacentres across the Southeast, Midwest and West regions of the US, in partnership with investment firm Engine No. 1. The oil and gas company joins a growing list of firms—from oil and gas operators to utilities—looking to tap the expected growth in demand as AI gains traction. ExxonMobil is developing plans for a large-scale gas-fired plant aimed at datacentres. In January, the US’ largest nuclear operator, Constellation Energy, agreed to buy Calpine, the country’s largest gas-fired generator, in a deal worth around $16.4b. The combined company’s footprint will include a significantly expanded

Also in this section
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
26 March 2025
Well-functioning democracies are required for healthier economies and a thriving oil industry