MAGELLAN MIDSTREAM: Records $41.8M Envtl. Liabilities at 3Q08

Magellan Midstream Holdings, L.P., at Sept. 30, 2008, recorded liabilities totaling US$41.8 million for estimated environmental costs, compared with US$57.6 million at Dec. 31, 2007.

The Company said that its environmental liabilities have been classified as current or noncurrent based on…

MAGELLAN MIDSTREAM: Talks on Ammonia Leaks at MMP Line Continue

Magellan Midstream Holdings, L.P. reports that Magellan Midstream Partners, L.P. (MMP) remains in discussions with the Environmental Protection Agency, the Department of Justice and a third-party operator on matters related to two releases of ammonia at an MMP pipeline.

The Company…

MAGELLAN MIDSTREAM: MMP Petroleum Leaks Disputes Settled in 2Q08

Magellan Midstream Holdings, L.P. reports that in September 2008, Magellan Midstream Partners L.P. (MMP) paid a US$5.3 million penalty to settle disputes with the Environmental Protection Agency over petroleum discharges from its pipeline operations.

In July 2001, the Environmental Protection Agency,…