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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

Natural Gas and Heating Oil Price Forecast Released

LCG, Oct. 8, 2003--The Department of Energy has forecast that the wholesale cost of natural gas will be 9 percent higher during the upcoming winter relative to the previous winter, roughly double prices seen several years ago.

Supplies are predicted to be tight, even if temperatures are in the normal range. If the need for natural gas and heating oil for residential use is higher due to unusually cold temperatures, the cost of heating homes could rise by 22 percent over the cost last year.

Guy Caruso, who heads the Energy Information Administration (EIA) within the Department of Energy, said the forecast EIA released took into account tight supplies of gas and heating oil, as well as crude oil and petroleum products generally. Caruso told the Associated Press, "There's not a lot of cushion if something goes wrong."
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