CONSTELLATION ENERGY: Accrues $400T for Liability as of Dec. 31

Constellation Energy Partners LLC, as of Dec. 31, 2008, accrued about US$400,000 for estimated exposure regarding environmental matters, compared with US$500,000 as of Dec. 31, 2007.

The Company is subject to costs resulting from federal, state and local laws and regulations…

TRANSOCEAN LTD: Continues to be Liable for Carson, Calif., Site

Transocean Ltd. continues to be a potentially responsible party (PRP) in connection with a site located in Carson, Calif., formerly maintained by Cal Compact Landfill.

On Feb. 15, 2002, the Company was served with a required 90-day notification that eight California…

CAMERON INT’L: Has $13.15M Liability for Tex. Contamination Suit

Cameron International Corporation, as of Sept. 30, 2008, recorded a liability of US$13.15 million in its consolidated balance sheet related to a former site in Texas, which is the subject of several lawsuits filed against the Company.

In 2001, the Company…

CAMERON INT’L: Records $6.7M Liability for Environmental Matters

Cameron International Corporation, at Sept. 30, 2008, recorded a US$6.718 million noncurrent liability for environmental matters.

The Company is currently identified as a potentially responsible party with respect to two sites designated for cleanup under the Comprehensive Environmental Response Compensation and…

HALLIBURTON CO: Has $64M Accrued for Environmental Liabilities

Halliburton Company, as of Sept. 30, 2008, had US$64 million accrued liabilities for environmental matters, compared with US$72 million as of Dec. 31, 2007.

According to its latest Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, the…

SMITH INTERNATIONAL: Records $6.7M for Environmental Reserves

Smith International, Inc., as of June 30, 2008, has environmental reserves of US$6.7 million.

According to the Company’s latest Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, the amount reflects the future undiscounted estimated exposure related to…

MCDERMOTT INT’L: Halls’ Suit on Radiation Exposure Continues

McDermott International, Inc. continues to face a suit entitled Donald F. Hall and Mary Ann Hall, et al., v. Babcock & Wilcox Company, et al., on exposure to uranium and plutonium.

The Babcock & Wilcox Company is one of the Company’s…

CHEVRON CORP: Disputes on Envtl. Civil Suit in Ecuador Ongoing

Chevron Corporation is disputing the legal and factual merits and an engineer’s report in a civil lawsuit alleging environmental damages associated with a former oil production consortium in Ecuador.

The Company is a defendant in a civil lawsuit before the Superior…

BJ SERVICES: Remains Potentially Liable for 5 Disposal Sites

BJ Services Company, along with other parties, remains a potentially responsible party at five waste disposal sites owned by third parties, the Company disclosed in its Quarterly Report for the period ended June 30, 2008, filed with the Securities and…

WORLD FUEL: May Face Possible Cost Recovery Suit on Fla. Cleanup

World Fuel Services Corporation is still facing potential cost recovery suit in connection with Miami-Dade County, Fla.’s reimbursement claim related to contamination at the Miami International Airport.

Previously, in April 2001, the County filed a suit in the state circuit…

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