No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, April 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Embattled former BP CEO takes over Wyoming hyperscaler

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 2 mins read
A A
Embattled former BP CEO takes over Wyoming hyperscaler
Share on FacebookShare on TwitterShare on LInkedIn



Bernard Looney, whose tenure as CEO of BP ended with him embattled in controversy, is entering the AI age as the new CEO of Wyoming-based Prometheus Hyperscale, leading a bevy of data center campus developments in the Cowboy State as well as the Lone Star state of Texas.

Looney, who pushed BP toward renewables in the energy transition, resigned suddenly from that company’s CEO post in 2023 amid a probe by the company into undisclosed personal relationships. Since then, BP has struggled financially, cutting costs and pivoting away from renewables and back to fossil fuels.

Coincidentally, BP’s new CEO takes over April 1. Meg O’Neill, the former Woodside Energy head, becomes the first-ever woman CEO of a Big Oil giant.

Looney became non-executive chair of Prometheus in late 2024. He takes over as CEO from the company’s founder, Trenton Thornock, who will remain a board member.

Prometheus is primarily focused on two flagship data center projects in Wyoming—in Evanston and Casper—with a combined initial capacity of 2.5 gigawatts, enough to power almost 2 million homes. The two projects are expected to cost more than $30 billion.

Prometheus is focused on speed of construction and cleaner energy, utilizing a combination of behind-the-meter natural gas and battery storage to get projects completed and then utilize more wind, solar, and even advanced nuclear power. The data centers are expected to use a proprietary geothermal cooling technology that doesn’t require water, according to the company.

“As artificial intelligence and digital technologies continue to reshape our world, it is crucial that we build the necessary infrastructure responsibly. This is the mission we have set ourselves,” Looney said in a statement, touting Prometheus as being at the “forefront of next-generation data center development.”

Prometheus is backed by In-Q-Tel, the venture capital fund backed by the Central Intelligence Agency and the broader U.S. intelligence community, and others, and has power partnerships with Conduit Power, France’s Engie, Sam Altman–backed nuclear player Oklo, and more.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.



Source link

Tags: CEOembattledhyperscalertakesWyoming
ShareTweetShare
Previous Post

Florida Has Several Towns Flagged as ‘Traffic Traps’ by AAA — Here’s What Drivers Need to Know

Next Post

Auto Warranty vs. Vehicle Service Contract (Extended Warranty)

Related Posts

edit post
The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

by TheAdviserMagazine
April 22, 2026
0

The phrase “touch grass” has become the internet’s way of telling someone to log off and rejoin the real world....

edit post
VAST Data confirms b raise at b valuation

VAST Data confirms $1b raise at $30b valuation

by TheAdviserMagazine
April 22, 2026
0

Israeli data storage management solutions company VAST Data today announced the completion of a $1 billion Series F financing...

edit post
Wave Life Sciences Ltd. (WVE) Sees Strong Buy Rating From Analysts

Wave Life Sciences Ltd. (WVE) Sees Strong Buy Rating From Analysts

by TheAdviserMagazine
April 22, 2026
0

Wave Life Sciences Ltd. (NASDAQ:WVE) is one of the 10 Best Small-Cap Biotech Stocks According to Hedge Funds. The company’s...

edit post
Stephen and Ayesha Curry are coming for the sports drink market—and their kids were a focus group

Stephen and Ayesha Curry are coming for the sports drink market—and their kids were a focus group

by TheAdviserMagazine
April 22, 2026
0

Stephen and Ayesha Curry are globally famous and could probably get, well, pretty much anyone to pick up the phone....

edit post
ADNIC secures India approval for GIFT City reinsurance branch

ADNIC secures India approval for GIFT City reinsurance branch

by TheAdviserMagazine
April 22, 2026
0

Abu Dhabi National Insurance Company (ADNIC) has obtained regulatory approval to set up a reinsurance branch in GIFT City, with...

edit post
Trent announces first-ever bonus issue in 1:2 ratio. Check details

Trent announces first-ever bonus issue in 1:2 ratio. Check details

by TheAdviserMagazine
April 22, 2026
0

Trent, the parent company of retail chains Westside and Zudio, on Wednesday declared its first-ever bonus issue, offering shares in...

Next Post
edit post
Auto Warranty vs. Vehicle Service Contract (Extended Warranty)

Auto Warranty vs. Vehicle Service Contract (Extended Warranty)

edit post
5 Ways to Get Disney Merchandise For Half The Price

5 Ways to Get Disney Merchandise For Half The Price

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Oklahoma Tobacco Tax Proposal: Details & Analysis

Oklahoma Tobacco Tax Proposal: Details & Analysis

0
edit post
Michigan Seniors: 400,000 Households Still Haven’t Claimed the ,200 Home Heating Credit — And You Can Still Get It This Spring

Michigan Seniors: 400,000 Households Still Haven’t Claimed the $1,200 Home Heating Credit — And You Can Still Get It This Spring

0
edit post
Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

0
edit post
The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

0
edit post
Here’s Who Will Get Your Social Security When You Die (If Anyone)

Here’s Who Will Get Your Social Security When You Die (If Anyone)

0
edit post
VAST Data confirms b raise at b valuation

VAST Data confirms $1b raise at $30b valuation

0
edit post
Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

April 22, 2026
edit post
Here’s Who Will Get Your Social Security When You Die (If Anyone)

Here’s Who Will Get Your Social Security When You Die (If Anyone)

April 22, 2026
edit post
The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

April 22, 2026
edit post
VAST Data confirms b raise at b valuation

VAST Data confirms $1b raise at $30b valuation

April 22, 2026
edit post
Trials And POCs Have Become Your Real Go-To-Market Motion

Trials And POCs Have Become Your Real Go-To-Market Motion

April 22, 2026
edit post
The people who grew up being described as the easy child are often the ones who, later in life, are quietly realizing they were never actually easy — they were just unseen

The people who grew up being described as the easy child are often the ones who, later in life, are quietly realizing they were never actually easy — they were just unseen

April 22, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?
  • Here’s Who Will Get Your Social Security When You Die (If Anyone)
  • The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.