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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

Sempra Energy Trading Opens Madrid Office

LCG, Sept. 8, 2000Sempra Energy Corp.'s wholesale energy trading subsidiary said yesterday it had opened an office in Madrid, Spain, under the name of Sempra Energy Europe Espaa. Rafael Abati, a founder of Madrid's SKS Energy Trading will head up the operation.

Todd Esse, a senior vice president of Sempra Energy Trading's European operations, said "Part of our company's strategy is to be a leading player in the European continent's energy marketplace. We will continue to carry out this strategy by aggressively pursuing similar growth opportunities while building a strong and diverse customer base in both northern and southern Europe."

Sempra is moving into Spain largely because of deregulation of the country's electricity market which has allowed about 68,000 large industrial customers to contract for power on the open market, but liberalization of the natural gas market is not far behind.

In Esse's opinion, this represents a tremendous wholesale marketing opportunity. The company will offer power, natural gas and crude oil commodity trading and marketing, as well as risk management and financial services to industrial companies, power generators and utilities throughout Spain.

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