Xcel Energy Inc., at June 30, 2009, recorded US$102.9 million as the liability for the cost of remediating manufactured gas plant (MGP) sites.
Of the US$102.5 million, about US$2.5 million was considered to be a current liability.
The Company must pay all…
Eastman Chemical Company’s reserve for environmental contingencies was US$41 million at both June 30, 2009 and Dec. 31, 2008.
The Company’s reserve for environmental contingencies was US$41 million at both March 31, 2009. (Lloyds Environmental Reporter, June 16, 2009)
Estimated future environmental…
Dominion Resources, Inc. is evaluating the impact of a Notice and Finding of Violations, received on April 2009, on new source review violations and other environmental law breaches.
These laws include new source performance standards violations and Title V permit program…
Pride International, Inc. is subject to pending notices of assessment issued from 2002 to 2009 under which governmental authorities in Brazil seek fines in an aggregate amount of less than US$750,000 for releases of drilling fluids from rigs operating offshore…
Crown Holdings, Inc. recorded aggregate accruals of US$6 million for its share of estimated future remediation costs at various sites, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 31, 2009.
The Company, along with…
Calpine Corporation has recorded estimated excess emission fees totaling US$298,000 for its Texas City and Clear Lake power plants.
As part of an internal review of Texas City and Clear Lake, the Company determined that these facilities were in violation of…
Calpine Corporation continues to be party to litigation styled Pit River Tribe, et al. v. Bureau of Land Management, et al.
On June 17, 2002, the Pit River Tribe filed suit against the Bureau of Land Management (BLM) and other federal…
3M Company’s environmental remediation liabilities were US$31 million as of June 30, 2009, the same as for the period ended Dec. 31, 2008.
Environmental remediation insurance receivables were US$15 million as of June 30, 2009, the same as for the period…
Tyco International Ltd. says that, as of June 26, 2009, the best estimate of its environmental remedial costs is US$43 million.
The Company is involved in various stages of investigation and cleanup related to environmental remediation matters at a number of…
The Travelers Companies, Inc.’s net environmental reserves were US$428 million at and for the six months ended June 30, 2009, compared with US$511 million at and for the six months ended June 30, 2008.
The Company continues to receive claims from…