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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

Progress Energy Seeks Increase for Fuel Costs

LCG, June 9, 2003--While the base rates paid by North Carolina customers of Progress Energy Carolinas for electricity have remained stable for roughly a decade, the utility is seeking a rate increase based on its prior and future fuel costs.

The utility is seeking a 2.2 percent increase in overall revenues, or an increase of $53.6 million overall, based in part on the difference between what has been taken in and what it paid through March 31. As a pass-through charge, this component of the typical customer's electric bill is considered separately from the base rate. According to Progress, the typical customer would pay $1.53 more per month.
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