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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

Senators Wary of Standard Market Design

LCG, Feb. 12, 2002--Senator Pete Domenici, R-N.M., told attendees of a press conference today that the Federal Energy Regulatory Commission will need to build support among Senators, particularly those representing Western and Southeastern states, for the agency's proposed "standard market design" rules.

Domenici noted that FERC Chairman Pat Wood III will attempt to address Senators' concerns about the possibility of regional power prices rising in markets where prices have lately been relatively low. Wood plans to deliver a report in April which is to respond to concerns which have come from local regulators, who may find their oversight abilities reduced. The transition to standard market design, which would redistribute authority over wholesale power markets nationwide, may be conducted on a region by region basis rather than all at once.

Depending upon members' willingness to endorse changes in market operations, Domenici said Congress could prevent regulatory changes through appropriations bills and other means. "Essentially the issue is nobody knows enough about it," he stated, at the event sponsored by the U.S. Energy Association and Energy Daily.

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