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Exxon can’t resist the AI power gold rush

Electricity demand is growing so rapidly in the United States that even Exxon Mobil, the country's largest oil and gas company, is planning to enter the energy business.
Read more (12/13/2024)

A demanda por eletricidade est� crescendo t�o rapidamente nos Estados Unidos que at� mesmo a Exxon Mobil, a maior empresa de petr�leo e g�s do pa�s, est� planejando entrar no neg�cio de energia.
Leia mais (12/13/2024

Exxon planeja vender eletricidade para centros de dados - 13/12/2024 - Mercado

Grupo Folha

Brazil

Exxon plans to sell electricity for data centers - 13/12/2024

The oil major is betting Big Tech’s need for speed will open up a bigger market for gas-fired plants.

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Michael Bloomberg

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Exxon's AI Power Play Aims to Beat Nuclear

Verizon Communications

Exxon Mobil unveils plans for a natural-gas fired power plant with carbon capture, as well as plans for $140B investment in Permian Basin, and strong earnings outlook.

Seeking Alpha

Exxon unveils low-carbon plan to power data centers; eyes $140B in Permian Basin capex

The News
The data center boom is pushing US oil companies into territory they’ve scrupulously avoided until now, one that has largely backfired for their European rivals: Selling electricity.
In a strategy document published this week, ExxonMobil revealed that it’s planning to operate small power…

Upstract

Data centers are dragging Big Oil into the power business

Chevron and Exxon are both planning to venture into the electricity supply business to take advantage of the surge in demand expected to come from the proliferation of data centers. The majors would focus on natural gas plus carbon capture to ensure the supply is low-emission, Reuters reported this week, citing company executives from both Exxon and Chevron. “It fits many of our capabilities - natural gas, construction, operations, and being abl…

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Chevron and Exxon Eye Entry Into Data Center Energy Supply

The NewsThe data center boom is pushing US oil companies into territory they’ve scrupulously avoided until now, one that has largely backfired for their European rivals: Selling electricity.In a strategy document published this week, ExxonMobil revealed that it’s planning to operate power plants, fueled by natural gas and equipped with carbon capture technology, at data centers. That would mark a first foray into the power market for the company…

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Justin B. Smith, Ben Smith

New York

Exxon Mobil explores natural gas-fired power plants to power data centers  The Business Journalshttp://dlvr.it/TGknZN

candicerodriguez.com

Exxon Mobil explores natural gas-fired power plants to power data centers – The Business Journals

Chevron and Exxon are planning to venture into the electricity supply business to take advantage of the increased demand expected to arise from the

Vogon Today

Chevron and Exxon want to give energy to Data Centers, but with Gas (and perhaps Geothermal) - Economic Scenarios

The plant will be equipped with technology that can capture more than 90% of the facility's carbon dioxide emissions The post Exxon considers selling electricity to data centers appeared first on Monitor Mercantil.

A usina será equipada com tecnologia que pode capturar mais de 90% das emissões de dióxido de carbono da instalação O post Exxon considera vender eletricidade para data centers apareceu primeiro em Monitor Mercantil.

Exxon can’t resist the AI power gold rush

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