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Niko Resources Ltd

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RIL row: 'Govt took decisions without fear or favour'

The government on Thursday strongly rebutted allegations of it showing favouritism towards Reliance Industries, saying decisions were taken objectively without fear or favour and that it had way......

Bangladesh ex-PM Khaleda Zia charged in graft case

Bangladesh's Anti-Corruption Commission has, for the first time, formally pressed charges against detained former premier Khaleda Zia for allegedly contracting out several gas fieldsto a Canadian......

'Gujarat's gas find is a jackpot'

On 25, September 2002, two terrorists had attacked Akshardham temple in Gandhinagar, Gujarat situated a few miles away from the residence of Chief Minister Narendra Modi.Six months after the bloody......

Bangla minister steps down

A junior energy minister in Bangladesh forced to resign amid allegations he received a luxury car from a Canadian oil and gas company is claiming he is the victim of a conspiracy, media reports......

RIL, partners face $1 bn penalty for using ONGC's gas

The Mukesh Ambani-led Reliance Industries Ltd and its foreign partners, BP Plc and Niko Resources, may have to pay a penalty of more than $1 billion for commercially using the migrated gas from the......

Setback for Reliance from KG-D6 block

The development follows the company facing charges of producing gas that flowed from the adjoining block of ONGC in the Krishna-Godavari basin. The Mukesh Ambani-led Reliance Industries Ltd (RIL)......

RIL may not gain from the gas price hike: Analysts

The Centre's move to increase natural gas prices to $5.61 per million British thermal units (mBtu) from November 1 would be a negative for Reliance Industries Ltd (RIL), analysts said, as RIL would......

Govt raises natural gas price to $5.61/unit

The government on Saturday approved raising natural gas price to $5.61 per mmBtu from November 1 but Reliance Industries will continue to get current $4.2 rate till it makes up for shortfall in......

GAIL, CPCL refuse to comply with KG-D6 order

In a setback to the Oil Ministry, gas utility GAIL and refiner CPCL have expressed their inability to deduct $115 million from the amount due to Reliance Industries to make up for the additional......

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