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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

Enron Sees India Regulator's Ruling as Legal Wedge

LCG, Sept. 27, 2001--Earlier this month, the relatively new Indian power regulator, the Maharashtra Electricity Regulatory Commission, ruled that is does not have jurisdiction over power purchase agreements entered into before the commission was set up in 1999.

Now, Enron Corp., which is involved in a bitter dispute with the Maharashtra State Electricity Board over agreements entered into in 1993 and amended in 1995, sees that September 14 decision as a legal wedge that could keep the regulatory commission from interfering in the dispute between the MSEB and Enron's Dabhol Power Co.

"The recent reports that MERC may be taking different positions on questions relating to other independent power producers are troubling and we're hoping for a just and equitable resolution," Enron India spokesman John Ambler said.

The state of Maharashtra high court in Bombay was scheduled today to talk to the three commissioners of the regulatory commission to determine whether they were biased against Enron. One of the commissioners, Jayant Deo, has made several statement indicating bias, according to lawyers for Dabhol, and in 1994 -- five years before the commission was formed -- flayed the Dabhol power purchase agreement as "patently illegal."

"We're very interested in the court's continuing consideration of questions relating to potential bias by the MERC commissioners," Ambler said. "The current disputes that are before the court are particularly significant because they'll demonstrate our ability to rely on the Indian judicial system for dispute resolution."

Enron, which owns 65 percent of Dabhol, along with General Electric Co. and Bechtel Enterprises, which each have a 10 percent stake and non-Indian lenders to the 2,184 megawatt project, want to get the matter before the International Court of Arbitration in London, which is where the contract says disputes between Dabhol and the MSEB are to be resolved.

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