Oil major Eni bets on nuclear fusion becoming its ‘next refinery’
- Posted on August 23, 2026
- By Financial Times
- 1 Views
- 1 min read
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.
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