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Energy

Japan's Inpex to join nuclear fusion race with startup investments

Oil explorer eyes tie-ups with trio of companies to try to narrow Western rivals' lead

Parts that heat up an experimental nuclear fusion reactor at Kyoto Fusioneering. Japanese oil and gas company Inpex plans to invest in the Kyoto-based startup and others. 

TOKYO -- Top Japanese oil and gas explorer Inpex will lay the groundwork for a move into the emerging technology of nuclear fusion as early as this year, Nikkei has learned.

Inpex aims to  invest in several startups in Japan, including Kyoto Fusioneering in Kyoto, EX-Fusion in Osaka, and Helical Fusion in Tokyo. It is also in talks with overseas startups.

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