134 articles for

September 2009

PROGRESS ENERGY: PEF Expends $4M for Remediation of Transformers

Progress Energy, Inc.’s subsidiary, Progress Energy Florida, Inc. (PEF), spent about US$4 million and accrued about US$2 million related to the remediation of transformers for the three months ended June 30, 2009.

For the six months ended June 30, 2009, PEF…

OCCIDENTAL PETROLEUM: Reserves $407M for Remediation at June 30

Occidental Petroleum Corporation, as of June 30, 2009, reserved US$407 million for environmental remediation, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

As of June 30, 2009, the Company participated in or monitored remedial activities…

HOLLY CORP: Navajo Refining Seeks to Resolve Breaches at Artesia

Holly Corporation’s subsidiary, Navajo Refining Company, L.L.C., continues to be in negotiations with the New Mexico Environment Department (NMED) on environmental matters concerning the refinery at Artesia, N.M.

In October 2008, the NMED issued an Amended Notice of Violation and Proposed…

PROGRESS ENERGY: PEC Has $7M Liability at June 30 for Ward Site

Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc. (PEC), recorded a US$7 million liability for the Ward Transformer site in Raleigh, N.C. at June 30, 2009 and Dec. 31, 2008.

In 2004, the U.S. Environmental Protection Agency advised PEC that it…

PROGRESS ENERGY: Spends $2.02B to Comply w/ Various Envt’l. Laws

Progress Energy, Inc. says that cumulative environmental compliance capital expenditures to date with regard to various environmental laws and regulations were US$2.027 billion at June 30, 2009, including US$1.042 billion at Progress Energy Carolinas, Inc. (PEC) and US$985 million at…

DUKE ENERGY: No Trial Date Set for Gov’t.’s Claim in Greensboro

No trial date has been set in the U.S. Government’s lawsuit, filed in 2000, against Duke Energy Corporation in the U.S. District Court in Greensboro, N.C.

The U.S. Environmental Protection Agency claims that 29 projects performed at 25 of the Company’s…

CHEVRON CORP: Party to Suit on Environmental Damages in Ecuador

Chevron Corporation continues to be a defendant in a civil lawsuit before the Superior Court of Nueva Loja in Lago Agrio, Ecuador, brought in May 2003 by plaintiffs who claim to be representatives of certain residents of an area where…

INTEGRYS ENERGY: PGL Still Facing Lawsuits on Chicago MGP Sites

Integrys Energy Group, Inc.’s subsidiary, The Peoples Gas Light and Coke Company, continues to face demands and lawsuits from owners of manufactured gas plant sites in the City of Chicago and others.

These demands assert standing regarding the investigation or remediation…

VALERO ENERGY: $1.319M Fee for Wilmington Plant Paid on July 28

Valero Energy Corporation, on July 28, 2009, paid a mitigation fee of US$1,319,505 requested by the South Coast Air Quality Management District (SCAQMD) for the Company’s Wilmington Refinery.

On June 26, 2009, the SCAQMD issued a Request for Flare Minimization Plan…

PROGRESS ENERGY: PEC Has $17M at June 30 for Emission Allowances

Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc., had about US$17 million at June 30, 2009 and US$22 million at Dec. 31, 2008 in sulfur dioxide (SO2) emission allowances and an immaterial amount of nitrogen oxide (NOx) emission allowances.

Raleigh, N.C.-based…

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