CENTERPOINT ENERGY: Unit Accrues $14Mil at June 30 for Abatement

CenterPoint Energy, Inc.’s subsidiary, CenterPoint Energy Resources Corp., at June 30, 2010, had accrued US$14 million for remediation of Minnesota sites and the estimated range of possible remediation costs for these sites was US$4 million to US$35 million based on…

WASTE MANAGEMENT: Records $260Mil Long-Term Liability at June 30

Waste Management, Inc. recorded long-term environmental remediation liabilities of US$260 million as of June 30, 2010, compared with US$215 million as of Dec. 31, 2009.

The Company recorded current environmental remediation liabilities of US$42 million as of June 30, 2010, compared…

WASTE MANAGEMENT: Still Potentially Responsible at 74 NPL Sites

Waste Management, Inc., as of June 30, 2010, had been notified that it is a potentially responsible party in connection with 74 locations listed on the U.S. Environmental Protection Agency’s National Priorities List.

Of the 74 sites at which claims have…

ENBRIDGE ENERGY: Records $4.3Mil Envt’l. Liabilities at June 30

Enbridge Energy Partners, L.P.’s environmental liabilities amounted to US$4.3 million for the six months ended June 30, 2010, compared with US$900,000 for the six month period ended June 30, 2009.

On Jan. 8, 2010, an unexpected release on Line 2b of…

CONTINENTAL AIR: Accrues $29Mil Envt’l. Cleanup Costs at June 30

Continental Airlines, Inc., at June 30, 2010, had an accrual for estimated costs of environmental remediation throughout its system of US$29 million, based primarily on third-party environmental studies and estimates as to the extent of the contamination and nature of…

HALLIBURTON CO: Involved in Complaints on Macondo Well Incident

Halliburton Company is party to several class action complaints regard the Macondo Well incident that occurred on April 22, 2010.

On April 22, 2010, the semisubmersible drilling rig, Deepwater Horizon, sank in the Gulf of Mexico after an explosion and fire…

HALLIBURTON CO: Accrues $48MM Environmental Liability at June 30

Halliburton Company’s accrued liabilities for environmental matters were US$48 million as of June 30, 2010 and US$53 million as of Dec. 31, 2009.

The Company has subsidiaries that have been named as potentially responsible parties along with other third parties for…

MARATHON OIL: Modification to NSR Consent Decree Filed March 19

A modification to Marathon Oil Corporation’s New Source Review consent decree was lodged with the Court on March 19, 2010 and is expected to be finalized during second quarter 2010.

During 2001, the Company entered into an NSR consent decree and…

MARATHON OIL: Facing 27 MTBE Contamination Lawsuits in 4 States

Marathon Oil Corporation is a defendant, along with other refining companies, in 27 cases arising in four states alleging damages for MTBE contamination.

The Company finalized the settlement of 25 of those cases that were pending in the state and federal…

MARATHON OIL: Expects to Spend About $300Mil in 2010 for MSAT II

Marathon Oil Corporation expects total year 2010 spending for compliance with Mobile Source Toxics II (MSAT II) regulations will be about US$300 million.

The Company estimates that it may spend about US$1 billion over a six-year period that began in 2008…

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