How Chevron became the AI darling of Big Oil

Chevron is positioning itself as an AI leader in the energy sector through a massive deal called Project Kilby, supplying power to Microsoft's data centers in Reeves County, West Texas. This 20-year agreement provides 2.67 gigawatts of natural gas-fired power, utilizing Chevron's land and gas resources alongside equipment from vendors like GE Vernova and Caterpillar. The project signifies a platform for Chevron’s growth in servicing hyperscaler AI demands across various regions.