CVX · News · 20260807N

AI Data Center Power Agreement

CHEVRON CORP · 2026-08-07 · Importance 40 · Surprise 42 · In source text

Chevron and Williams are developing natural-gas-powered infrastructure to supply electricity to artificial-intelligence data centers. Chevron’s Project Kilby is intended to deliver 2.67 gigawatts to a Microsoft data center under a 20-year agreement. The projects are designed to provide dedicated power more quickly than conventional grid connections, although permitting, construction, and greenhouse-gas concerns remain issues.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuepositiveprobableProject Kilby aims to deliver 2.67 gigawatts to a Microsoft data center under a 20-year agreement.