TESORO LOGISTICS: Accrues $567MM Envt’l. Liabilities at March 31

Tesoro Logistics LP’s accrued environmental liabilities amounted to US$567 million as of March 31, 2011, compared with US$525 million as of Dec. 31, 2010.

Tesoro Logistics LP is a limited partnership formed in December 2010 by Tesoro Corporation and its wholly…

PRIDE INT’L: Still Subject to Administrative Proceeding in Spain

Pride International, Inc. is still subject to a pending administrative proceeding initiated in July 2009 by a governmental authority of Spain under which such governmental authority is seeking payment in an aggregate amount of about US$4 million for an alleged…

PRIDE INT’L: Accrues $1.7MM at March 31 for Envt’l. Liabilities

Pride International, Inc., as of March 31, 2011, has an accrual of US$1.7 million for potential liability related to environmental matters.

The Company is currently subject to pending notices of assessment issued from 2002 to 2010 under which governmental authorities in…

HOLLY ENERGY: Accrues $300,000 for Envt’l. Cleanup at March 31

Holly Energy Partners, L.P., at March 31, 2011, has an accrual of US$300,000 that relates to environmental clean-up projects for which it has assumed liability.

There are environmental remediation projects that are currently in progress that relate to certain assets acquired…

WASTE MANAGEMENT: Envt’l. Liabilities Totaled $281MM at March 31

Waste Management, Inc.’s environmental remediation liabilities totaled US$281 million as of March 31, 2011, compared with US$284 million as of Dec. 31, 2010.

Of the total as of March 31, 2011, about US$42 million was current and US$239 million was non-current.…

WASTE MANAGEMENT: NOV on Breach at Kettleman Hills Filed Feb. 25

Waste Management, Inc. says that, on Feb. 25, 2011, the U.S. Environmental Protection Agency issued a Notice of Violation to Chemical Waste Management, Inc.’s Kettleman Hills Facility for alleged violations of the Resource Conservation and Recovery Act.

he EPA has indicated…

EL PASO NATURAL: Accrues $16MM at Dec. 31 for Remediation Costs

El Paso Natural Gas Company had accrued about US$16 million at Dec. 31, 2010 and US$19 million at Dec. 31, 2009 for expected remediation costs and associated onsite, offsite and groundwater technical studies and for related environmental legal costs.

However, the…

EL PASO PIPELINE: Estimates $2.4MM Cleanup Expenditures for 2011

El Paso Pipeline Partners, L.P., for 2011, estimates that its total remediation expenditures will be about US$2.4 million, which will be expended under government directed clean-up plans.

In addition, the Company expects to make capital expenditures for environmental matters of about…

EL PASO PIPELINE: Records $6.7MM Envt’l. Liabilities at Dec. 31

El Paso Pipeline Partners, L.P.’s recorded environmental liabilities include US$6.7 million for environmental contingencies related to properties previously owned.

The Company’s estimates of potential liability range from about US$9.6 million to about US$33.7 million.

The Company’s liabilities reflect its current estimates of…

EL PASO PIPELINE: Accrues $9.6MM for Envt’l. Matters at Dec. 31

El Paso Pipeline Partners, L.P., at Dec. 31, 2010, had accrued about US$9.6 million for environmental matters.

The Company’s accrual includes about US$9.5 million for expected remediation costs and associated onsite, offsite and groundwater technical studies and about US$100,000 for related…

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