Exxon Mobil (NYSE:XOM) is designing a natural-gas fired power plant to help fuel data centers that will use carbon capture and storage equipment with the ability to capture more than 90% of its carbon emissions,

New Era Helium, Inc. (Nasdaq:NEHC) ("NEH," "New Era Helium" or the "Company"), an exploration and production (E&P) company sourcing helium produced in association with natural gas reserves within the Permian Basin,

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,

Demand for electricity is rising so quickly in the United States that even Exxon Mobil, the country’s largest oil and gas company, is planning to get into the power business. Exxon is designing a massive natural-gas fueled plant meant to directly supply electricity to data centers.

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.