CVX · News · 20261103N

AI Data Center Power Agreement

CHEVRON CORP · 2026-11-03 · Importance 34 · Surprise 42

Chevron continues work on Project Kilby, its planned power supply for Microsoft’s data center development in West Texas. The company is targeting initial electricity delivery in 2028 despite regulatory uncertainty and a temporary pause in Texas data center permits. Permitting, engineering, and financing activities are continuing, and Chevron does not currently expect the pause to derail the timeline.

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