EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Saudi Arabia May Reopen Gas Resources

LCG, June 25, 2002-Meetings with Royal Dutch/Shell and Exxon Mobil representatives and Crown Prince Abdullah point to new agreements in natural gas development.

According to the New York Times, Saudi Arabian Ministers will determine certain parts of the potential $25 billion, 20-year agreement within the next two weeks.

The companies and Saudi Arabian government began negotiations a year ago, but sdisagreements over shared revenue and plans to run water, power, and desalinization plants kept anything concrete from emerging.

The situation may been further complicated by the Saudi Arabian public's relationship to the United States, although Saudi officials reject assertions that the delay has anything to do with U.S. Middle East policy.

One major point of discrepancy is in the percent of revenue from downstream projects. The companies want 15 to 20 percent, which is usual when a risk is taken in gas exploration, but the Saudis contend that, since the utility projects do not involve such risk, the revenue should be closer to 8 or 9 percent. If the agreement ends up with a 10 to 12 percent revenue, the Saudis may allow bidding.

The two projects included, lead by Exxon Mobil, are a $15 billion South Ghawar project with Shell, BP, and Phillips, and a $5 billion Red Sea Coat project involving Occidental and Marathon.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service