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NIKO RESOURCES OF CANADA
Reliance, BP, Niko seek amicable settlement in KG basin gas dispute; SC defers hearing to July 21The Supreme Court has postponed the Krishna-Godavari gas dispute hearing. Reliance Industries and its partners wish to settle the matter am...- KG Basin case: Supreme Court refuses to pause hearing for 'mediation'The three companies wanted a bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi to stop the hearin...
- Reliance seeks partner Niko's exit from KG-D6 over payment defaultIn its third quarter earning statement last week, RIL stated that N?iko "defaulted on Cash Calls and accordingly default notice was issued ...
- Tribunal rejects BP's claim for legal cost against governmentReliance is the operator of KG-D6 block with 60 per cent interest, while BP plc of UK holds 30 per cent and Niko Resources of Canada the re...
- G S Singhvi named arbitrator for $1.5-billion ONGC-RIL disputeThe oil ministry had on November 3 issued a notice to RIL, Niko and UK's BP Plc seeking $1.47 billion for producing in the seven years ende...
- 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...
- 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 ...
- RIL's MJ-1 discovery may hold 1.4 trillion cubic feet of gas resourcesMJ-1 may hold contingent resource of between 0.988 Tcf of gas and condensate (low estimate) and 2 Tcf (high estimate).
- 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...
- GAIL to pay royalty on Reliance Industries gas priceFor the balance amount, the royalty would be calculated and paid by GAIL from the Gas Pool Account on a monthly basis to the government.
- 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...
- Niko Resources downgrades KG-D6 reservesNiko Resources, Reliance Industries partner in the prolific D6 block in the Krishna Godavri basin has reported a reduction in reserves.
- RIL's KG-D6 has 80% less reserves than estimated: Niko ResourcesReliance Industries' flagging KG-D6 gas block holds 80 per cent less reserves than previously estimated, the firm's junior partner Niko Res...
- India-Canada aims to strengthen ties in energy sectorIndia and Canada want to triple their bilateral trade and are banking on alliances and investments in energy sector.
- 'No-objection' to Reliance-BP DealCanada's Niko Resources and Hardy Oil and Gas have given no-objection to their partner Reliance Industries for selling 30% stake in oil and...
- RIL discovers gas in Mahanadi basin blockReliance Industries has found natural gas reserves in a well drilled on its NEC-25 block in Mahanadi basin, off the Orissa coast, the compa...
- RIL completes 94% drilling at KG-D6 blockReliance Industries has completed 94% of drilling for production of natural gas from its eastern offshore KG-D6 block in the third quarter ...
- Reliance finds huge oil reserves in D6 blockReliance Industries Ltd has discovered huge oil reserves in its gas-rich D6 block in Krishna Godavari basin off the east coast, its minorit...
- DGH faults Niko ResourcesDGH, country's top nodal agency for oil and gas production, has faulted Niko Resources of Canada for making an "out-of-turn" announcement o...
- Tribunal to decide on Niko, Guj Petro's Hazira claimsA tribunal has stated that it has jurisdiction over claims made by Niko Resources of Canada and Gujarat State Petroleum Corporation about r...
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