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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

PG&E, SoCal Ed Fight CPUC over Rate Cases

LCG, Nov. 29, 2001--The California Public Utilities Commission will discuss at its meeting today whether there are "good reasons" that Pacific Gas & Electric Co. and Southern California Edison Co. should not be fined for failure to prepare general rate cases projecting electricity and natural gas prices for the year 2003.

The CPUC had directed the two utilities to file the preliminary paperwork last month. Neither company has done so and each faces penalties that could amount to as much as $20,000 per day. The utilities complained that the regulators gave them insufficient time and that the unsettled energy market makes it difficult to predict whether prices will be raised or lowered.

Gordon Smith, chief executive of PG&E said in a letter to the CPUC that it would take at least six months to prepare a general rate case and the agency has allowed it only 20 days. "It seems incongruous and an inefficient use of resources to process a full-blown general rate case without knowing how the bankruptcy will be resolved," Smith wrote.

SoCal Ed said the uncertainty of the market made preparation of a rate case difficult, but thought it could get the preliminary paperwork together by the middle of next month. John Fielder, the utility's vice president for regulatory affairs, said his company was prepared to tell the CPUC why it was "entirely appropriate to delay filing the first step in the rate case."

Commissioner Jeff Brown, a member of the CPUC, said the agency will decide today whether "there are good reasons for the non-production of the rate cases."

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