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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

Texas Employs New Disclosure Measures

LCG, May 28, 2002-The Texas Public Utilities Commission has decided to require more public disclosure in electricity trading and is holding discussions with energy companies.

The PUC is negotiating with energy traders, including American Electric Power, Mirant, Reliant Energy, Constellation Energy Group, and TXU, to recover $29 million that the PUC asserts was lost due to the manipulation of delivery schedules. A memo released Friday discusses the exploitive power schedules of two days last summer that may have resulted in the possible loss of the $29 million in question.

If no resolution is reached, the PUC may investigate market violations and employ sanctions.

The PUC staff has already been ordered to seek sanctions against Enron, which has not taken part in the talks and continues to withhold information.

Enron insists generation information about the two days and details about scheduled energy and energy requirements is confidential, but the PUC believes this information should be released and posted on the Internet.

Companies trading within the domain of the Electric Reliability Council of Texas must give the PUC an affidavit asserting that company regulations are in place preventing gaming and market manipulation.

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