Natural gas power for data centers
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Chevron's Pivot to Data Centers Signals a New Growth Frontier
ZACKS· 2025-11-27 22:01
Key Takeaways Chevron outlines first data center power project in West Texas targeting 2027 start-up.CVX plans a 2.5 GW off-grid natural gas facility with potential expansion to 5 GW capacity.HAL and LBRT also expand into data center power, highlighting wider industry shifts toward new markets.Chevron Corporation (CVX) is taking a pragmatic, returns-focused step beyond its traditional integrated oil operations by moving into the rapidly expanding data center power market. During its annual Investor Day, the ...