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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

N.Y. ISO Worries About Power Shortage, Price Spikes

LCG, June 1, 2001--The New York Independent System Operator yesterday warned that a power crisis threatens the Empire State, though there are unlikely to be California-style blackouts this summer.

The ISO, urging regulators to streamline the permitting process for new power plants, said the state could face power shortages and increased electricity prices as early as next year if new generation does not come on line.

"New York has no significant generation coming on and we are expecting load increases. That spells trouble," said Bill Museler, chief executive of the ISO.

As in California, there are many proposals for new power plants 65 at latest count but only five have been accepted. And those five, even if they clear all regulatory hurdles and survive local appeals, could not begin to produce power for at least two years.

"It is crucial some of those plants are approved this year or power reliability will be at very serious risk and prices will be judged totally unacceptable," Museler said.

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