Michael K. Wirth
aka Mike Wirth
“We are in exclusive discussions with Microsoft right now. We are very pleased to be in those discussions with such a high-quality customer... The project we are advancing in West Texas is progressing well... Subject to definitive agreements, we will move towards FID later this year and deliver a project with speed, scale, and differentiation.”
Michael K. Wirth
Chairman and CEO of Chevron (CVX). Primary source on CVX/Microsoft exclusive West Texas gas-to-power datacenter project (FID 2026) and Chevron's capital discipline posture through the Middle East conflict.
Said
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michael-wirth in 2026-05-01-earnings-cvx-q1-fy2026: "We are in exclusive discussions with Microsoft right now... The project we are advancing in West Texas is progressing well. We have submitted an air permit. We have secured not only the large turbines we talked about before, but also small-block generation... Subject to definitive agreements, we will move towards FID later this year and deliver a project with speed, scale, and differentiation."
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michael-wirth in 2026-05-01-earnings-cvx-q1-fy2026: "This is clearly a very significant disruption to the global energy system [Iran/Hormuz]. You can expect from us consistency. Capital and cost discipline no matter what. We will invest in highly competitive assets with scale and longevity — assets that are low on the cost curve."