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RELIANCE BP NIKO
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...- 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...
- Krishna-Godavari Basin: SC agrees to fresh plea by Reliance to resolve dispute with CentreThe Supreme Court will hear Reliance Industries' plea for an amicable resolution of the Krishna-Godavari basin gas migration dispute. The C...
- RIL, foreign firms refute in SC Centre's claim of 'unjust' extraction of gas from KG basinReliance Industries and its offshore partners are strongly denying allegations of siphoning gas from ONGC fields. The companies are in the ...
- 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...
- Krishna-Godavari basin dispute: Reliance and others seek mediation, SC refuses to halt hearingReliance Industries Limited and two foreign partners told the Supreme Court they will ask the Indian government to resolve the Krishna-Goda...
- Niko exits KGD6 after settlement of $36 m with RIL, BPNiko had invoked arbitration after Reliance and BP asked the Canadian oil and natural gas company to exit the KGD6 block as it had defaulte...
- Reliance, BP take over Niko's 10% stake in KG-D6 blockReliance and BP split Niko's share in proportion to their existing shareholding in the block.
- 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 ...
- Niko serves arbitration notice on Reliance, BPDuring the October-December quarter, M/s Niko (NECO) Ltd defaulted on cash calls, which triggered a default notice, RIL said.
- 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...
- Arbitration award in Reliance-ONGC gas row next monthReliance is the operator of the KG-D6 block with 60 per cent interest while BP holds 30 per cent. The remaining 10 per cent is with Niko Re...
- 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...
- 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...
- Law Ministry to opine on BP, Niko status in RIL arbitrationThe near-doubling of gas prices to $8 per million British thermal units that will kick in from next month will accrue to all producers in t...
- 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.
- Reliance Industries’ partners may have to sell KG-D6 gas at $4.2/unitOil ministry says BP and Niko Resources have not offered bank guarantees against an approval to charge the new rates.
- Reliance-BP deal: Niko, Hardy give 'no-objection certificate'Reliance is selling 23 oil and gas blocks which, along with partners like Niko and Hardy, it had won under various rounds of NELP since 199...
- Niko Resources, Hardy can raise stakes in RIL blocksA day after RIL announced a multi-block partnership with global oil giant BP, Niko Resources , RIL’s partner in its trophy asset, D6 block,...
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