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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

EU Report Will Focus on Boosting Investment

LCG, Dec. 1, 2003--The European Commission is set to release a set of laws aimed at encouraging electric generation investment and a competitive power marketplace, according to draft documents obtained by Dow Jones Newswires.

The final versions of the proposed laws will be released Wednesday, and will have arrived after a summer in which outages cut power to millions of European citizens. The proposals call for incentives or forms of guaranteed return to achieve necessary investment in transmission grid infrastructure, and in power plants to meet projected growth in power demand. The documents suggest that penalties could be invoked for failure to meet reliability standards, or for delays in implementing system upgrades.

The proposals by the executive body of the European Union will only become law if governments vote in favor of them. Switzerland and Italy lost power this summer when connections between the countries shorted out. Denmark and the United Kingdom also experienced blackouts that affected their capital cities. According to deregulation plans that have already been moved up in time, businesses in the EU will have the ability to choose their power suppliers in July 2004.
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