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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

Oman to Privatize Power, Telecoms, Airport, Mail

LCG, Nov. 20, 2000--The Persian Gulf sultanate Oman plans to split up its electric industry into separate business and sell them to private investors, according to a report published Saturday in the Oman Observer.

Electricity and Water Minister Mohammad bin Ali al-Qetabi told the paper "It will involve the unbundling and corporatization of the ministry's existing activities into a number of separate generation, transmission and distribution businesses."

The Omani government would continue to own and operate the separate businesses until they were on a successful commercial footing before selling them off, Qetabi said. He added that the government was also in the process of privatizing its telecommunication business and its international airport and plans to sell of its postal service. The water sector would remain under government control.

Last week, Oman awarded to AES Corp. of the U.S. a $455 million, 400 megawatt project to build a private power plant in Barka and is expected to sign a concession agreement next month with a consortium of Omani and foreign companies to build a private power plant in Salalah.

PSEG Global Inc. of the U.S. and Royal Dutch/Shell are principal members of the Salalah group.

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