Chevron CEO on AI power center investments: ‘This is nothing new’ in energy industry

November 12, 2025 admin

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CNBC TelevisionWed, November 12, 2025 4:42pmURL:
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Chevron chairman and CEO Mike Wirth said on the company’s investor day that the large AI investments backed by borrowed cash are “nothing new” in the energy industry, even at the current scale of the investments.

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