Baird initiated coverage on GE Vernova (NYSE:GEV), a $102 billion market cap global leader in power equipment and services, with an Outperform rating and a price target of $448. According to ...
Over the next three years, the Lawrence Berkeley National Laboratory estimates, AI’s thirst for power will double or triple.
Chevron Corp. has vowed to save between $2 billion and $3 billion by next year, and the energy giant disclosed layoffs on Wednesday as part of its plan. Chevron (CVX) "is taking action to simplify our ...
Chevron is seeking to trim its headcount by a sizable amount, with Vice Chair Mark Nelson saying they will impact 15%-20% of workers.
Surging demand for AI and data centers is lifting Vantage’s bottom line in keeping pace with data center growth. The company last year launched new campuses in Dublin, ...
AN INVESTMENT firm once hailed for “taking down big oil” has partnered with US oil and gas giant Chevron to build gas-powered ...
Cold, LNG growth and a steady trickle of agreements between natgas suppliers and data centers drove the forecast price higher, the U.S. Energy Information Administration said.
This grandest of Meta’s 20 worldwide data centers, this project is called Sucre, and will feature a 4 million square ...
Fast-tracked construction for Chevron's natural gas JV is expected to be online by 2027. Meanwhile, total planned natural gas ...
The agreement follows recent deals signed by oil and gas majors in recent months to provide natural gas directly to data centers.
Forecasters anticipate the U.S. will see a surge in electricity demand over the coming years. The industry already expected ...