Mike Wirth, Chevron CEO and chairman
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
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
