Chevron Signs 20-Year Power Agreement with Microsoft for Massive West Texas Data Center Project

In a major move underscoring the surging energy demands of the AI boom, Chevron Corporation announced a landmark 20-year power purchase agreement with Microsoft to supply dedicated electricity to a large-scale data center in West Texas. The deal, announced June 22, 2026, involves Energy Forge One LLC (a Chevron subsidiary) developing Project Kilby — a...