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Chevron Expands Investments in Nuclear Fusion to Build Low-Carbon Power

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Sig2.60Sen+1.40Env+2.30Soc+0.60Gov0.00

Chevron is expanding its energy portfolio by investing in nuclear fusion technology and backing multiple fusion approaches aimed at future low-carbon baseload power. The move leverages its large balance sheet to pursue long-horizon revenue beyond oil and gas, while highlighting execution and capital-intensity risks because fusion is still unproven at commercial scale.

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