WILLIAMS COMPANIES: Liberty Gas Files US$200 Million Counterclaim

Liberty Gas Storage (Liberty) asserted in February 2011 a counterclaim for costs in excess of US$200 million associated with its use of The Williams Companies, Inc.’s facilities.

In 2003, the company entered into an agreement to sublease certain underground storage facilities…

WILLIAMS COMPANIES: Texas Court Upholds Gulfs Liquid Decision

The Williams Companies, Inc. disclosed in its latest quarterly report on Form 10-Q filed with the U.S. Securities and Exchange Commission that with regards to Gulfs Liquids litigation, on February 17, 2011, the Texas Court of Appeals upheld the dismissals…

CENTERPOINT ENERGY: Disputes on Gas Cost Recovery Ongoing

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that the Company and certain of its subsidiaries continue to be involved in litigation over gas cost recovery.

In October 2004,…

CENTERPOINT ENERGY: CERC’s Natural Gas Measurement Suit Ongoing

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Resources Corp. (CERC Corp.), and certain of its subsidiaries face a lawsuit filed in 1997 under the…

CENTERPOINT ENERGY: Unit to Appeal on Storage Facility Matter

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Gas Transmission Company (CEGT), plans to appeal through the Oklahoma court system any judgment that imposes liability…

CENTERPOINT ENERGY: Gas Mismeasurement Suits Pending in Kans.

CenterPoint Energy, Inc. disclosed in its latest annual report on Form 10-K filed with the U.S. Securities and Exchange Commission that CenterPoint Energy Resources Corp. (CERC Corp.) and certain of its subsidiaries face two mismeasurement lawsuits brought against about 245…

SUNOCO LOGISTICS: In Talks w/ PHMSA to Resolve Pipeline Matters

Sunoco Logistics Partners L.P. is in discussions with the Pipeline Hazardous Materials Safety Administration (PHMSA) to resolve proposed US$200,000 penalties.

In January 2007, the PHMSA proposed penalties totaling US$200,000 based on alleged violations of various pipeline safety requirements relating to the…

SUNOCO LOGISTICS: Arsenic Non-Compliance Matters Settled in Dec.

Sunoco Logistics Partners L.P., in December 2008, entered into a Compliance Order with the Delaware County Regional Water Control Authority (DELCORA) on a matter relating to alleged non-compliance with monthly average arsenic limits.

In November 2007 and February 2008, the Company…

SUNOCO LOGISTICS: Continues to be Party to Feb. 2002 IPO Matters

Sunoco Logistics Partners L.P. continues to be involved in legal and administrative proceedings arising prior to the February 2002 IPO (initial public offering) pending against the Company’s Sunoco, Inc.-affiliated predecessors and the Company (as successor to certain liabilities of those…

SUNOCO LOGISTICS: SPMT Awaits IRS Response on Penalty Assessment

Sunoco Logistics Partners L.P.’s subsidiary, Sunoco Partners Marketing & Terminals L.P. (SPMT), is awaiting a response from the Internal Revenue Service (IRS) concerning a US$5.1 million penalty assessment.

SPMT has received a proposed penalty assessment from the IRS in the aggregate…

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