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