Chevron Signs 20-Year Power Deal With Microsoft for Massive Texas AI Hub | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy - Jun 22, 2026, 11:20 PM CDT Chevron has secured a long-term power supply agreement with Microsoft that could position the oil major at the center of the rapidly expanding artificial intelligence infrastructure market.The company announced that its wholly owned subsidiary, Energy Forge One LLC, has signed a 20-year power purchase agreement (PPA) with Microsoft to develop a co-located power facility and data center complex in West Texas known as Project...