Chevron signs 20-year Microsoft power deal for West Texas AI project
June 22, 2026
(World Oil) – Chevron has signed a 20-year power purchase agreement with Microsoft to supply electricity from a planned natural gas-fired power facility in West Texas, marking a major step in the growing connection between U.S. energy production and artificial intelligence infrastructure. The agreement calls for Chevron subsidiary Energy Forge One to develop a co-located power facility that will provide dedicated electricity to a
