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…

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…

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…

ONEOK INC: Still Liable for Conditions at 12 Kansas Gas Sites

ONEOK, Inc. continues to have legal responsibility for the environmental conditions at 12 former manufactured gas sites in Kansas, the Company reported in its latest Quarterly Report for the period ended June 30, 2008.

These sites contain potentially harmful materials…

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,…

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