EL PASO NATURAL: Estimates $4MM 2011 Environmental Expenditures

El Paso Natural Gas Company, for 2011, estimates that its total remediation expenditures will be about US$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 US$3 million…

DYNEGY HOLDINGS: Inquiry on Projects at Danskammer Plant Ongoing

Dynegy Holdings, Inc. says the U.S. Environmental Protection Agency’s investigation regarding projects at the Danskammer power generation facility is ongoing.

In March 2009, the Company received an information request from the EPA regarding maintenance, repair and replacement projects undertaken between January…

FLOWSERVE CORP: Has $8.92M for Legal, Envt’l. Matters at Dec. 31

Flowserve Corporation recorded US$8,920,000 for legal and environmental matters during the year ended Dec. 31, 2010, compared with US$60,244,000 during the year ended Dec. 31, 2009.

Over the years, the Company has been involved as one of many potentially responsible parties…

DYNEGY HOLDINGS: Expended $225Mil in 2010 for Envt’l. Protection

Dynegy Holdings, Inc.’s aggregate expenditures (both capital and operating) for compliance with laws and regulations related to the protection of the environment were about US$225 million in 2010 compared to about US$320 million in 2009 and about US$245 million in…

APACHE CORP: Reserves $23M at Sept. 30 for Environmental Matters

Apache Corporation, as of Sept. 30, 2010, had an undiscounted reserve for environmental remediation of about US$23 million.

The Company is not aware of any environmental claims existing as of Sept. 30, 2010, which have not been provided for or would…

DYNEGY INC: NYSDEC Draft SPDES Renewal for Roseton Still Pending

Dynegy Inc. says a Draft State Pollutant Discharge Elimination System (SPDES) Permit renewal for the Roseton plant is still pending.

In April 2005, the New York State Department of Environmental Conservation (NYSDEC) issued a Draft SPDES Permit renewal for the Roseton…

McDERMOTT INT’L: Reserves $2.4M at Sept. 30 for Envt’l. Matters

McDermott International, Inc., at Sept. 30, 2010, had total environmental reserves of US$2.4 million, none of which were included in current liabilities.

The Company has been identified as a potentially responsible party at various cleanup sites under the Comprehensive Environmental Response,…

MARATHON OIL: Party to Six MTBE Contamination Cases in 5 States

Marathon Oil Corporation is a defendant, along with other refining companies, in six cases arising in five states alleging damages for MTBE contamination.

The Company expects additional lawsuits alleging such damages against it in the future.

Headquartered in Houston, Marathon Oil Corporation…

EL PASO PIPELINE: Accrues $10.1M at Sept. 30 for Envt’l. Matters

El Paso Pipeline Partners, L.P. had accrued about US$10.1 million at Sept. 30, 2010 and US$10.8 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…

MARATHON OIL: Has Actual Expenditure of $61Mil at 3Q for MSAT II

Marathon Oil Corporation’s actual Mobile Source Air Toxics II (MSAT II) expenditures since inception have totaled US$462 million through Sept. 30, 2010, with US$61 million in the third quarter of 2010.

The Company has finalized its strategic approach to comply with…

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