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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 Will Not Hear California Settlement Complaints

LCG, Oct. 22, 2003--There is no basis for the Federal Energy Regulatory Commission's consideration of objections to the terms of settlements relating to alleged market manipulation in California in 2000-2001, the agency has said.

The conclusion was justified by commissioners' contention that the matters that had led to settlements were investigations, and that parties outside the investigations, such as California officials or representatives of energy purchasers, were not qualified to instigate a review process. The agency said that any opinions it had previously issued that had indicated otherwise were being rescinded.

William Massey, the single Democrat among the Commissioners, objected to the announcement, and said that evidence in the investigations had come from those who were not being allowed to raise objections.

The issue of what California has claimed are $9 billion worth of refunds is being treated in a separate proceeding. The refunds that should ultimately be paid based on FERC's analysis are still being determined. Final determination can only be made once computer models used in the analysis have been finished. The expected date for the calculations is in the spring.
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