DYNEGY INC: Disputes over Roseton Discharges Permit Continues

Dynegy Inc. expects that the adjudicatory hearing on the Draft State Pollutant Discharge Elimination System (SPDES) Permit for Dynegy Inc.’s Roseton plant in New York to begin in 2009, the Company disclosed in its latest Quarterly Report filed with the…

DYNEGY INC: Disputes over NPDES Permit for Moss Landing Ongoing

Dynegy Inc. is still engaged in disputes regarding a National Pollutant Discharge Elimination System permit for its Moss Landing Power Plant in California.

The California Regional Water Quality Control Board (Water Board) issued a NPDES permit for the Moss Landing…

FRONTIER OIL: Sees El Dorado Refinery Compliance Costs at $83Mil

Frontier Oil Corporation reports that total capital expenditures estimated as of June 30, 2008 for the El Dorado Refinery to comply with the final gasoline sulfur standard are about US$83 million, including capitalized interest, and are expected to be incurred…

FRONTIER OIL: Negotiations on Petroleum Refining Plan Underway

Frontier Oil Corporation continues settlement negotiations with the Environmental Protection Agency and state regulatory agencies regarding additional regulatory issues associated with the Petroleum Refining Initiative.

The EPA has embarked on a Petroleum Refining Initiative alleging industry-wide noncompliance with certain longstanding regulatory…

FRONTIER OIL: Has $5M Accrued as of June 30 for Cheyenne Unit

Frontier Oil Corporation, as of June 30, 2008, had an accrual of US$5 million for environmental liabilities reflecting the estimated present value of expenditures related to Cheyenne Refinery in Wyoming.

The Company is party to an agreement with the State…

FRONTIER OIL: 1988 Consent Order with KDHE Remains in Effect

Frontier Oil Corporation continues implementation of a groundwater management program at its El Dorado Refinery under a 1988 consent order with the Kansas Department of Health and Environment (KDHE).

Subject to the terms of the purchase and sale agreement for…

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…

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…

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,…

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