Apache Corporation, as of March 31, 2011, had an undiscounted reserve for environmental remediation of about US$135 million.
The Company is not aware of any environmental claims existing as of March 31, 2011 that have not been provided for or would…
Valero Energy Corporation, in the first quarter of 2011, signed an agreed order with the Texas Commission on Environmental Quality (TCEQ) to resolve environmental breaches at the Three Rivers Refinery.
In its annual report on Form 10-K for the year ended…
McDermott International, Inc. had total environmental reserves of US$2.9 million at both March 31, 2011 and Dec. 31, 2010, of which US$2.4 million was included in current liabilities.
Inherent in the estimates of those reserves and recoveries are the Company’s expectations…
Valero Energy Corporation, in the first quarter of 2011, settled 28 notices of violation with the Bay Area Air Quality Management District (BAAQMD) regarding environmental breaches at the Benicia Refinery.
The NOVs were issued in 2008.
Valero Energy Corporation is an independent…
Certain of McDermott International, Inc.’s subsidiaries are involved in an environmental-related declaratory judgment action entitled Certain Underwriters at Lloyd’s London, et al. v. J. Ray McDermott, Inc. et al.
The suit was filed on or about Aug. 23, 2004, by certain…
Tesoro Corporation expects to spend US$15 million through 2013 for its Golden Eagle refinery.
The Company has evaluated alternatives for the wharves at its Golden Eagle refinery to meet engineering and maintenance standards issued by the State of California in February…
Holly Corporation expended US$1.1 million for the three months ended March 31, 2011 (US$1.4 million for the three months ended March 31, 2010) for environmental remediation obligations.
The accrued environmental liability reflected in the consolidated balance sheets was US$25 million at…
Ultra Petroleum Corp.’s capital cost accrual for acquisition, equipment, exploration, drilling and environmental matters amounted to US$4,880,702 as of March 31, 2011, compared with US$4,575,222 as of Dec. 31, 2010.
Ultra Petroleum Corp. is an independent oil and gas company engaged…
Tesoro Corporation’s accruals for environmental expenditures totaled US$102 million at March 31, 2011 and US$108 million at Dec. 31, 2010.
The Company received US$58.5 million in a settlement with a prior owner of its Golden Eagle refinery in 2007, in exchange…
Tesoro Logistics LP says environmental liabilities of US$2 as of March 31, 2011 and US$2.1 million as of Dec. 31, 2010 were accrued for groundwater and soil remediation projects at its Stockton, Burley and Anchorage terminals.
Tesoro Logistics LP is a…