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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

Maryland Retail Electricity Price Caps to End in June

LCG, Apr. 7, 2004--Maryland's plan to open the retail electricity market to price competition will begin to affect the bills of some residents and businesses starting at the end of June, with utilities already having inked contracts for those who opt not to sign up with new suppliers, and which will provide competing suppliers a price to beat.

Significant retail increases are expected when price caps end, based on estimates by the Maryland Public Service Commission (PSC). Each of the four electric power utilities serving the state, including Baltimore Gas and Electric Co., is experiencing higher costs for natural gas. Businesses that purchase power from BG&E will likely pay 17% to 20% more, although residential customers of BG&E will still be protected by price caps until July, 2006.

Potomac Electric Power Co. commercial customers could find their bills going up by up to 35%, the PSC said. The hope of the PSC is that competitive bidding eventually will result in savings for customers, compared with what might have resulted with traditional regulated service, provided exclusively by utilities.
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