Gold falls below Rs 1.54 lakh/10 grams, silver drops by Rs 4,600/kg as fresh US-Iran strikes raise worriesGold and silver prices on MCX plunged as US-Iran strikes boosted the dollar and oil, triggering inflation fears. Both metals hit multi-mont...
Cypriot Prez Christodoulides concludes India visit as ties upgrade to strategic partnershipIndia and Cyprus have elevated their relationship to a strategic partnership. Cypriot President Nikos Christodoulides concluded his visit t...
EU considers helping with Mideast energy infrastructure to bypass conflict zonesEurope faces a severe fuel crisis and soaring energy costs due to the Iran war. The European Union is now exploring new energy routes in th...
Jacobe Smith defeats Niko Price by rear-naked choke at UFC 317, avoids historic upsetJacobe Smith remained undefeated at UFC 317, defeating Niko Price via rear-naked choke in the second round of their welterweight prelim. En...
RIL partner Niko Resources keen to sell 10% stake in KG-D6 blockThe company said it anticipated challenges in selling the stake even as it, along with partners RIL and BP, challenge the govt's claim in t...
Niko calls off 10 % stake sale in Reliance Industries' KG-D6 blockNiko had in February announced plans to sell its 10% stake in the KG-D6 block to pay off $ 340 million debt. It had planned to sell off the...
Reliance Industries and its partners BP Plc and Niko Resources may defer work at R-Series fieldsNiko also said that it has not been able to sell its stake in the company as planned and committed to its lenders, and is therefore likely ...
Niko extends time to sell stake in RIL's KG-D6 block to Sept 15Canada's Niko Resources has extended the search for a buyer of its stake in Reliance Industries' KG-D6 gas block to pay off debt.
Niko to sell stake in Reliance Industries block on lower gas price hikeStung by lower-than-expected hike in natural gas prices, Canada's Niko Resources has put up for sale its stake in Reliance Industries' KG-D...
Development of KG-D6 R-series fields to depend on new gas price: Niko ResourcesThe govt had okayed doubling the price of natural gas to about $8.4 per unit from April 1, 2014 but this was blocked by the Election Commis...
BP, Niko to formally join RIL arbitration against GovernmentIf it is proved that the company deliberately produced less gas from the D1&D3 fields in KG-D6, the bank guarantee will be encashed.
BP, Niko may have to join Reliance Industries' arbitration to get new gas priceBP Plc and Niko Resources may have to join ongoing arbitration proceeding before the govt allows these cos to charge higher prices for thei...
Government to consult Election Commission on RIL’s D6 price hikeThe cabinet approved higher gas prices for all producers but in view of the arbitration it said there would be a separate order for RIL.
BP, Niko Resources say they are part of RIL gas arbitrationBP and Niko Resources of Canada have told Oil Ministry that they are party to the arbitration initiated by Reliance Industries on KG-D6 gas...
Reliance Industries to get $8.4 price from Apr 1,higher rate in later quartersReliance Industries will get USD 8.4 price for the natural gas from its eastern offshore KG-D6 fields from April 1, 2014 and potentially hi...
- No sensitive documents given to RIL: Deora
Government clarified that no papers of sensitive nature were ever given to Mukesh Ambani-run RIL or its Canadian partner Niko Resources.
- RIL to begin production from KG-D6 block in Q3 of 2008
RIL is investing $5.2 bn to bring to production Dhirubhai-1 and 3 gas fields - two of the 18 finds made in the KG-DWN-98/3 (D6) block. Why ...