Oilfield Stocks Pivoting to Meet AI Power Demands

Legacy oilfield service providers are adapting their expertise to address the growing electricity demands of hyperscale data centers, driven by artificial intelligence. Schlumberger (SLB) and Liberty Energy Inc. (LBRT) have formed a strategic alliance in July 2026 to provide modular power generation solutions for data center developers facing grid interconnection delays.

By Jeffrey Neal Johnson, MarketBeat Thu, July 16, 2026 at 5:15 PM GMT+3 6 min read · Yahoo Finance · July 16, 2026, 14:15 UTC

Tickers: $LBRT $SLB

Topics: AI power demand data centers oilfield services strategic alliances

Read the full article at Yahoo Finance

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