Oracle (ORCL) is considering trucking compressed natural gas to its Project Jupiter data center in New Mexico, where a delayed pipeline is threatening the project's timeline, Bloomberg News reported Thursday, citing sources familiar with the matter.
In September, Oracle sent the project's developer a notice citing force majeure that may protect the company from making some payments in case of further delays, according to the report.
Gas deliveries from Superior Plus' Certarus unit kept a data center near Salt Lake City moving for more than a year, and VoltaGrid is supplying an Oracle campus being built for OpenAI in Texas, the report added.
Oracle shares were down about 5% in Thursday trading.
Oracle, OpenAI, Superior Plus and VoltaGrid did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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