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Natura Resources Announces Agreement with NGL Energy Partners to Develop 100-MW SMRs with Large-Scale Produced Water Treatment in the Permian Basin

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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Industry News

Newsmakers

Scott Forbes has been promoted to senior vice president, chief financial and accounting officer at Texas-New Mexico Power Company. Forbes joined Texas-New Mexico in 1996, and was most recently vice president, chief accounting and information officer. He also held accounting positions at Entergy Services.

Douglas Hobbs becomes senior vice president, chief operations officer of Texas-New Mexico Power Company, where he was most recently vice president-transmission and distribution. Hobbs, a registered professional engineer, was a power plant manager for TXU Electric, and a project manager with an energy consulting firm.

Texas-New Mexico Power Company has also named Joe Hegwood assistant controller. Hegwood will move to this position from his role as director of accounting, and previously director of finance.

CMS Energy has named Tom Webb chief financial officer, succeeding Alan Wright, who is moving to a new company.

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