Exxon Mobil working on gas-powered plant “If the United States follows a similar data center growth trajectory as Ireland, a path setter whose data centers are projected to cons

Exxon Mobil is “well along” in a plan to build its first commercial power plant, fueled by natural gas, to directly supply electricity to data centers, the company announced Wednesday. It’s a shift in strategy for the Spring-based oil and gas giant,

Exxon Mobil plans to invest heavily into several big projects over the next six years, even as some other oil companies are growing more cautious, the company said at an investor day on Wednesday. All that investment comes at a time when most analysts expect oil prices to fall next year because of a glut—which may be why Exxon stock was down 0.