The Interior Department’s Office of Natural Resources Revenue (ONRR) has fined Denver-based producer QEP Resources Inc. $1.2 million for the “knowing or willful maintenance” of inaccurate oil and natural gas royalty and/or production reports on ONRR’s financial system.
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Correction
In the report on the ExxonMobil global energy forecast in Daily GPI’s, Dec. 14 edition, inaccurate figures were reported in the second paragraph: World natural gas use is projected to increase from about 290 Bcf/d today to nearly 440 Bcf/d by 2030.
December 15, 2005