Chevron Powers AI Data Centers | Durham News

Chevron is betting big on AI’s electricity hunger, locking in a 20-year deal with Microsoft to power a massive Texas data center campus — just one of many planned partnerships. Project Kilby, a $7 billion natural gas plant in the Permian Basin, will generate 2.67 gigawatts to power 2 million homes, with Chevron targeting 15% returns. By converting excess gas that would otherwise be flared into clean, private power for tech giants, the project could become a blueprint for future energy deals as U.S. data centers demand double their current power by 2030. With Amazon, Google, and Meta also expanding AI infrastructure, Chevron may soon be more power supplier than oil extractor. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8518ef8f9e79ff72