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Chevron Partners with GE Vernova to Build Power Plants for Data Centers in West Texas

Chevron Partners with GE Vernova to Build Power Plants for Data Centers in West Texas

Author:

Global Cryptocurrency

Published:

2025-11-12 15:53:02

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BTCCSquare news:

Chevron is diversifying beyond its traditional oil business by venturing into the energy needs of the digital economy. The company has enlisted GE Vernova to construct power plants in West Texas, targeting completion by 2027. These facilities will supply electricity to data centers, capitalizing on surging demand driven by artificial intelligence workloads.

The strategic pivot reflects broader energy market trends as traditional fossil fuel companies adapt to the computational demands of AI and cloud infrastructure. Chevron's MOVE initiative signals a deliberate shift toward electrification opportunities adjacent to its core operations.

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