McDERMOTT INT’L: Still Facing Declaratory Judgment Claim in La.

Certain of McDermott International, Inc.’s subsidiaries are subject to an environmental-related declaratory judgment action in Louisiana court.

On or about Aug. 23, 2004, a declaratory judgment action entitled Certain Underwriters at Lloyd’s London, et al. v. J. Ray McDermott, Inc. et…

SHAW GROUP: E&I Segment Posts $3.4M Envt’l. Liability at Nov. 30

The Shaw Group Inc.’s Environmental and Infrastructure (E&I) segment had US$3.4 million of environmental liabilities recorded in other liabilities in the accompanying balance sheets at Nov. 30, 2010, as compared to US$3.7 million at Aug. 31, 2010.

The LandBank Group, Inc.,…

TRANSOCEAN LTD: LDEQ’s Order over La. Oil Spill Issued June 2010

The Louisiana Department of Environmental Quality (LDEQ), in June 2010, issued a consolidated compliance order and notice of potential penalty to the Company and certain of its subsidiaries asking the Company to eliminate and remediate discharges of oil and other…

PPG INDUSTRIES: Approval for Study on Lake Charles Set for 2010

PPG Industries, Inc. says that it is expected that feasibility study approval and remedy selection over the Calcasieu River Estuary in Lake Charles, La., could occur in 2010.

Remedy design and approval could occur during 2010 to 2011 and remedy implementation…

MURPHY OIL: Litigation for Fire at ROSE Unit Settled in July ‘09

Litigation arising out of a June 10, 2003 fire in the Residual Oil Supercritical Extraction (ROSE) unit at Murphy Oil Corporation’s Meraux, La., refinery was settled in July 2009 and memorialized via a filing in the U.S. District Court for…

SHAW GROUP: E&I Segment Records $4.9Mil in Liabilities at May 31

The Shaw Group, Inc.’s Environmental & Infrastructure (E&I) segment, at May 31, 2009, had US$4.9 million of environmental liabilities recorded in other liabilities in the balance sheets as compared to US$5.7 million at Aug. 31, 2008.

LandBank, a subsidiary of the…

SHAW GROUP: E&I Cites $5.1Mil Environmental Liability at Feb. 28

The Shaw Group Inc.’s Environmental and Infrastructure (E&I) segment had US$5.1 million of environmental liabilities at Feb. 28, 2009, compared with US$5.7 million at Aug. 31, 2008.

The Company’s E&I segment had US$5.4 million of environmental liabilities at Nov. 30, 2008.…

TRANSOCEAN LTD: Ruling on La. Action Dismissal Stayed on Feb. 18

Transocean Ltd. says that the 12th Judicial District Court for the Parish of Avoyelles, La., on Feb. 18, 2009, stayed its ruling, which instructed the U.S. Bankruptcy Court for the District of Delaware to dismiss a case involving bankruptcy and…

PEABODY ENERGY: Faces Alaskan Villages’ Complaint on Erosion

Peabody Energy Corporation continues to face a suit filed in February 2008 by the Native Village of Kivalina and the City of Kivalina in the U.S. District Court for the Northern District of California against the Company, several owners of…

SHAW GROUP: E&I Has $5.4M for Environmental Liability at Nov. 30

The Shaw Group Inc.’s Environmental and Infrastructure segment had US$5.4 million of environmental liabilities at Nov. 30, 2008, compared with US$5.7 million at Aug. 31, 2008.

These liabilities were recorded in other liabilities in the accompanying balance sheets.

The Company also records…

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