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Chevron (CVX) unveiled its 2030 plan focusing on AI-driven power projects, cash flow growth, and shareholder returns. The company expects $1.5 billion in Hess contributions by 2026 and will repurchase $10–$20 billion in shares annually through 2030. It also plans a West Texas AI data center power project by 2027 while maintaining capital discipline amid global energy shifts.
short by / 06:26 pm on 12 Nov
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