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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......

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......

Oilex takes Cambay reins from Niko

 The Australia-based Oilex today announced that it has completed the transfer of operatorship for the Cambay Field onshore Gujarat from Niko Resources Ltd, effective from June 1, 2006. Oilex is the......

Niko can increase stake in 3 RIL blocks

 A day after Reliance Industries Ltd announced sale of 30 per cent interest in its 23 oil and gas blocks, Canada-based Niko Resources, RIL's partner in three fields - D6, NEC 25 and D4 - on Tuesday......

Ambanis' soft gas deal takes a knock

 The oil ministry has rejected the Mukesh Ambani-controlled Reliance Industries' proposal to supply gas at a subsidised rate to Anil Ambani's Reliance Natural Resources Ltd.Sources close to the......

Why govt is demanding $2.81 bn from RIL, BP

 The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that......

RIL finds huge oil reserves in block D6

 Reliance Industries Ltd has discovered huge oil reserves in its gas-rich D6 block in Krishna Godavari basin off the east coast, its minority partner Niko Resources of Canada has said. "The MA-2......

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