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Oil major Eni bets on nuclear fusion becoming its ‘next refinery’

  • Posted on August 23, 2026
  • By Financial Times
  • 1 Views
  • 1 min read
In brief

Eni, Italy's leading energy corporation, is strategically positioning itself in the emerging nuclear fusion sector, envisioning it as a transformative energy source comparable to traditional refineries. The company is increasing capital allocation toward fusion technology development, despite the sector remaining commercially unproven. This bold move reflects Eni's commitment to diversifying beyond conventional fossil fuels and securing a competitive advantage in next-generation clean energy solutions.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Oil major Eni bets on nuclear fusion becoming its ‘next refinery’
Oil major Eni bets on nuclear fusion becoming its ‘next refinery’

Italian group widening investments in technology that promises much but is yet to be commercially proven
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Author
Financial Times

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