Artificial Intelligence (AI) Archives -

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

Big Tech’s nuclear future is creating a new uranium story

June 17, 2026

(By Oil & Gas 360) – The artificial intelligence revolution is creating an unexpected winner in the energy sector: uranium. For years, uranium and nuclear energy occupied a relatively niche corner of the investment landscape, supported primarily by utilities, governments, and a handful of long-term investors. Today, that picture is changing rapidly. The rise of artificial intelligence, hyperscale data centers, and

Iran war adds to AI boom as demand for gas turbines rises further, Siemens Energy says

June 11, 2026

(BOE Report) – The Iran war has become an additional driver of demand for gas turbines, Siemens Energy executives said on Thursday, at a time when manufacturers are already flooded with orders due to the massive data centre expansion in the United States. Along with rivals GE Vernova and Mitsubishi Heavy Industries, Siemens Energy has seen demand for gas turbines

Nuclear and natural gas are teaming up to power the AI data center boom

June 10, 2026

(Oil Price) – Data centers are placing unprecedented strain on electric grids across the country and across the world as the rapid integration of artificial intelligence into virtually every market sector unleashes an energy monster that we are woefully unprepared to feed. Meeting projected demand growth in coming months and years will require creative solutions and cutting-edge energy innovation, but it will

Alberta pitches cheap natural gas for data center boom

June 9, 2026

(BOE Report) – Alberta is touting its abundant supply of cheap fossil fuels to entice tech companies to build data centers for the AI boom, a move that would undermine Canada’s plan to link new data center development with clean energy expansion. Canada is the world’s fifth-largest producer of natural gas, around 60% of which comes from Alberta. As well

Big Tech’s next challenge isn’t AI, it’s energy

June 5, 2026

(By Oil & Gas 360) – For much of the past two years, the artificial intelligence boom has been viewed through the lens of semiconductors, software, cloud computing, and record capital spending by the world’s largest technology companies. Increasingly, however, AI is becoming something much larger. It is becoming one of the most important energy stories of the decade. The rapid

The real cost of computing: America’s data center boom, Colorado’s constraint, and the illusion of low-impact growth

June 3, 2026

(Oil & Gas 360) By Greg Barnett, MBA – The Energy Information Administration did not intend to write a thesis on the future of the American economy. Yet that is precisely what it has done. Hidden in a technical projection is a structural shift as consequential as electrification itself: data centers are rapidly becoming one of the dominant consumers of

Why oil and gas is becoming a data business

May 28, 2026

(By Oil & Gas 360) Part II – Oil and gas companies once measured competitive advantage in barrels, acreage, and reserves; now they are increasingly measuring it in processing power, analytics capability, and data quality. Because the next phase of the industry is not just about producing hydrocarbons more efficiently, it is about understanding markets, assets, infrastructure, and risk faster

AI is rewiring the oilfield

May 27, 2026

(By Oil & Gas 360) Part I – For decades, the oilfield was built on horsepower, steel, and geology. Now it is increasingly being built on algorithms. Artificial intelligence and digital technologies are rapidly transforming how oil and gas companies drill wells, complete reservoirs, manage production, and reduce operational costs. What was once considered one of the world’s most traditional

AI, oilfields, and the new water crisis

May 19, 2026

(By Oil & Gas 360) – For decades, the oil and gas industry has been shaped by access to hydrocarbons. Increasingly, it is being shaped by something else, water. What was once treated as an operational input is becoming a strategic constraint across the energy system. And now, the rapid expansion of AI infrastructure and hyperscale data centers is accelerating

Lithium meets the data center boom- oil and gas 360

Lithium meets the AI and data center boom

May 15, 2026

(By Oil & Gas 360) – The lithium story is no longer just about electric vehicles. A new demand driver is emerging rapidly across global markets, AI infrastructure, and the explosive expansion of data centers. What began as a battery metal tied primarily to transportation is increasingly becoming part of a much broader conversation around power systems, backup storage, grid

The grid is losing its buffer: Oil and gas as a reliability anchor in a changing grid

May 8, 2026

(By Oil & Gas 360) Part II – As U.S. power markets move to reprice reliability, another shift is taking place: the role of oil and gas operators is being reconsidered in the context of grid stability. For much of the past decade, oil and gas have been viewed primarily through the lens of emissions and transition. That framing is

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