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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

Entergy Beats Market Expectations

LCG, Feb. 5, 2003--Fourth-quarter net income for Entergy Corp. as announced last week was three times the amount reported for the same period last year, supported by results in energy trading and the company's nuclear portfolio.

Operating earnings from the company's core business were 34 cents a share, whereas analysts had expected 26 cents per share. Net income was $81.7 million, with revenue at $1.88 billion. The energy trading unit contributing to the results is a joint venture with Koch Industries, Entergy-Koch. The purchase of the nuclear plant Vermont Yankee in July of last year helped earnings in the nuclear unit to rise 17%.

The company's chief executive, J. Wayne Leonard, noted that 2002 "was a year of disappointing performance in our industry, and as these results became more common and more unexpected, the crisis affected everyone... Despite all of this, Entergy maintained its strong cash position, improved its creidt quality and liquidity, and exceeded its targeted operational-earnings growth."

Entergy has a portfolio of approximately 9,000 megawatts of generating capacity either operating, under construction or under development. Entergy-Koch LP, in addition to trading, has an extensive pipeline system managed under its Gulf South Pipeline subsidiary.
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