98 articles for

June 2009

PPL CORP: Unit Accrues $24Mil at March 31 for Mine Site Cleanup

PPL Corporation’s subsidiary, PPL Energy Supply, LLC, at March 31, 2009, had accrued a discounted liability of US$24 million to cover the costs of pumping and treating groundwater at two mine sites for 50 years and for operating and maintaining…

HESS CORP: In Talks w/ EPA to Resolve Reid Vapor Pressure Matter

Hess Corporation says that its 50 percent-owned venture, HOVENSA L.L.C., is in talks with the U.S. Environmental Protection Agency to resolve matters over incorrect calculations of the Reid Vapor Pressure.

In February 2009, the EPA proposed a US$297,000 penalty for alleged…

CLARCOR INC: Still Accrues $50,000 for Environmental Liabilities

CLARCOR Inc.’s potential liability for known environmental matters is still accrued at US$50,000.

The Company is party to various proceedings relating to environmental issues. The U.S. Environmental Protection Agency and other responsible state agencies have designated the Company as a potentially…

YANZHOU COAL: Records Envt’l. Provisions of RMB450M at March 31

Yanzhou Coal Mining Company Limited recorded RMB450,979,000 as current provision for land subsidence, restoration, rehabilitation and environmental costs at Dec. 31, 2008, compared with RMB$19,635,000 at Dec. 31, 2007.

Zoucheng, China-based Yanzhou Coal Mining Company Limited produces coal in Eastern China.…

CEMIG: Suit on Envt’l. Damages by Nova Ponte Plant Still Pending

Companhia Energetica de Minas Gerais still faces an environmental- related public civil action over environmental damages caused by the Nova Ponte Hydroelectrical Power Plant.

The Company is a defendant in the lawsuit filed on Feb. 5, 2007 by the Regional Environmental…

CEMIG: Invested BRL28.3Mil for Environmental Compliance in 2008

Companhia Energetica de Minas Gerais, in 2008, invested about BRL28.3 million in environmental compliance projects for plant and equipment and in the implementation of new projects.

The Company also spent BRL42.2 million on operational and maintenance expenses for its current activities…

PPL CORP: EPA’s Investigation on CCP Disposal Facilities Ongoing

PPL Corporation says that the U.S. Environmental Protection Agency, in March 2009, issued letters to Company subsidiaries, requesting information on the structural integrity of their coal combustion products (CCP) disposal and associated water treatment impoundments.

The EPA and several states, including…

HESS CORP: In Talks With EPA to Settle Breaches of NOx Standards

Hess Corporation and the U.S. Environmental Protection Agency are in discussions to settle matters on violations of nitrogen oxide (NOx) emissions performance standard.

In February 2009, the EPA proposed a US$150,000 penalty for two violations by the Company of federal regulations…

PPL CORP: EPA’s Claim on Violations at Keystone Facility Ongoing

PPL Corporation says that, in January 2009, it received a notice of violation from the U.S. Environmental Protection Agency for projects undertaken at the Keystone plant at which the Company is part owner.

The EPA alleges that the projects were undertaken…

ROSTELECOM: Environmental Compliance Obligations Totaled RUB97M

OJSC Rostelecom estimates the present value of environmental obligations to be about RUB97 million, according to the Company’s annual report, on Form 20-F, filed with the Securities and Exchange Commission on June 17, 2009.

The Company said it believes that it…

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