CVX · News · 20261102N

AI Data Center Power Agreement

CHEVRON CORP · 2026-11-02 · Importance 38 · Surprise 42

Chevron is proceeding with Project Kilby, its plan to power a Microsoft data center in West Texas, despite Texas Governor Greg Abbott’s temporary suspension of digital-infrastructure permits. CFO Eimear Bonner said Chevron did not expect the pause to delay the project’s planned 2028 power-up. The project uses non-potable water for cooling and supplies its own power, which Chevron says avoids increasing prices for consumers.