Chevron signs 20-year deal to power Microsoft's AI data centers with Texas natural gas.

Chevron has entered a 20-year agreement to supply power to Microsoft's AI data centers using new natural gas plants in West Texas. This deal marks Chevron's largest step into the data center energy market, supporting Microsoft's growing demand for reliable and efficient power for its AI operations. GE Vernova will manufacture most of the gas turbines involved in this project. The partnership highlights the increasing role of natural gas in powering advanced technology infrastructure.