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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

FERC Decision on CA Long-Term Contracts Due in March

LCG, Jan. 17, 2002--An Administrative Law Judge for the Federal Energy Regulatory Commission, Bobbie McCartney, has sent California's dispute over long-term contracts signed during 2000 and 2001 to three commissioners, and said that re-signing the contracts must be shown to be in the public interest for the state to succeed.

McCartney said that the precedent used to determine the standard came from the "Mobile Sierra" rulings by the Supreme Court in the 1950s. Thus, FERC will decide whether California is able to show that new contracts are in the public interest. "The parties did not retain the right to unilaterally seek changes to their contracts, nor did the parties intend to do so," McCartney's ruling stated.

In some matters before FERC, another criterion is used for assessing the validity of contracts, which must be found "just and reasonable," as defined in the Federal Power Act. The commissioners have promised that they will render a decision by the end of March.
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