SUNOCO LOGISTICS: Accrues $900T at 2Q08 for Cleanup Liabilities

Sunoco Logistics Partners L.P. reports accrued liabilities of US$900,000 at June 30, 2008, for environmental remediation, compared with US$1.1 million at Dec. 31, 2007.

The accrued liabilities for environmental remediation do not include any amounts attributable to unasserted claims, nor have…

ALLIANT ENERGY: Estimates Costs for MGP Sites from $25M to $48M

Alliant Energy Corporation’s estimated range of remaining costs to be incurred for the investigation, remediation and monitoring of its manufactured gas plants (MGPs) sites is from US$25 million to US$48 million, the Company disclosed in its Quarterly Report for the…

PG&E CORP: Pacific Gas Has $538M Environmental Liability at 2Q08

PG&E Corporation’s subsidiary, Pacific Gas and Electric Company (the Utility), at June 30, 2008, had an undiscounted environmental liability of about US$538 million, compared with about US$528 million at Dec. 31, 2007.

Under federal and California laws, the Utility may…

ALLIANT ENERGY: Faces Potential Liability at Watertown Facility

Alliant Energy Corporation, in July 2008, was notified by the Environmental Protection Agency that it is a potentially responsible party with respect to environmental remediation at the Watertown Tire Fire facility in Watertown, Wis.

The notification alleges that the Company may…

TRANSOCEAN INC: Faces Dispute in La. Over Dissolved Subsidiary

Transocean Inc. is still involved in disputes over an attempt to impose liability on the Company related to one of its dissolved subsidiaries in Louisiana.

On July 11, 2005, one of the Company’s subsidiaries was served with a lawsuit filed on…

CENTERPOINT ENERGY: Probe on Possible Maine MGP Cleanup Ongoing

CenterPoint Energy, Inc. continues to investigate details on potential remediation of former manufactured gas plant sites in Maine.

Subsidiary CenterPoint Energy Resources Corp. (CERC) has been named as a defendant in a lawsuit filed in the U.S. District Court, District…

SOUTHERN CO: Still Faces Complaints on Carbon Dioxide Emissions

The Southern Company continues to face complaints alleging that the Company’s carbon dioxide emissions contribute to global warming.

In July 2004, attorneys general from eight states, each outside of Southern Company’s service territory, and the corporation counsel for New York City…

ASHLAND INC: Still Awaits Approval to Settlement of MTBE Claims

Ashland Inc. is awaiting court approval of a tentative settlement agreement between the plaintiffs and certain defendants of 21 cases alleging methyl tertiary-butyl ether (MTBE) contamination in groundwater.

The Company is a defendant along with many other companies in about…

ASHLAND INC: Accrues $160M Reserve for Cleanup at Various Sites

Ashland Inc., at June 30, 2008, has reserves of US$160 million for environmental remediation at multiple locations, of which US$127 million were classified in other noncurrent liabilities on the Company’s Condensed Consolidated Balance Sheets.

The multiple locations, as of June 30,…

FOSTER WHEELER: FWEC Maintains System to Remove TCE in Pa. Site

Foster Wheeler Ltd.’s subsidiary, Foster Wheeler Energy Corporation (FWEC), continues to operate and maintain a “pump and treat” system to remove trichloroethylene (TCE) from the groundwater in its former manufacturing facility in Mountain Top, Pa.

In February 1988, FWEC entered into…

Page 12 of 12« First...«89101112