126 articles for

December 2008

EQUISTAR CHEM: Has $3M Accrued at 3Q08 for Future Cleanup Costs

Equistar Chemicals, LP, as of Sept. 30, 2008, had an accrued liability of US$3 million for future environmental remediation costs, compared with US$4 million as of Dec. 31, 2007.

In the opinion of the Company’s management, there is no material estimable…

DUKE ENERGY IND: Accrues $13M for Environmental Activities at 3Q

Duke Energy Indiana, Inc., as of Sept. 30, 2008, had total accruals of about US$13 million for extended environmental-related activities, compared with US$10 million as of Dec. 31, 2007.

The Company said in its latest Quarterly Report filed with the Securities…

ROCKWELL AUTOMATION: RIC’s Appeal on Rocky Flats Lawsuit Pending

Rockwell Automation, Inc. reports that the former Rockwell International Corporation’s (RIC) appeal to the U.S. District Court for the District of Colorado’s judgment in a class action regarding radioactive and other hazardous substances at the Rocky Flats Plant in Golden,…

GEN. MARITIME: Co. and 2 Employees Found Guilty of Envtl. Crimes

WASHINGTON, D.C. — November 26, 2008 — A federal jury in Corpus Christi, Texas returned guilty verdicts against General Maritime Management (Portugal), the operator of a fleet of tanker vessels, Chief Engineer Antonio Rodrigues, and First Engineer Jose Cavadas, for…

CVR ENERGY: Accrues $7.079M at 3Q08 for Remediation Obligations

CVR Energy, Inc., as of Sept. 30, 2008, recorded US$7.079 million accruals for remediation of environmental contamination under the Resource Conservation and Recovery Act (RCRA) Administrative Order and the Voluntary Cleanup and Property Redevelopment Program (VCPRP).

The accrued amount includes US$2.514…

UGI UTILITIES: Trial on NU’s Remediation Claim Set for April ‘09

Trial on subsidiaries of Northeast Utilities’ contribution claim against UGI Utilities Inc. regarding remediation costs at Waterbury North is scheduled for April 2009.

On Sept. 11, 2006, the Company received a complaint filed by Yankee Gas Services Company and Connecticut Light…

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