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Niko Resources - Total results - 6

Reliance Industries' partner Niko puts KG-D6 stake for sale

Updated : Nov 14, 2016

By : PTI

Category : Business

Reliance Industries' partner Niko puts KG-D6 stake for sale

Financially strained Niko had in February last year announced plans to sell its 10 percent stake in the KG-DWN-98/3 or KG-D6 block to pay off $340 million debt #Reliance Industries #ONGC #BP Plc #RIL #Niko Resources #KG-D6 gas block
Oil ministry asks GAIL to pay royalty on RIL gas price

Updated : Dec 23, 2014

By :

Category : Corporate

Oil ministry asks GAIL to pay royalty on RIL gas price

RIL and its partners BP plc of UK and Canada's Niko Resources would pay royalty on $4.2 per million British thermal unit as is being done presently, official sources said. #Business #KG-D6 #Reliance Industries Ltd #Niko Resources #GAIL India #Gas Pool Account
Government unlikely to implement gas price hike retrospectively

Updated : Jun 04, 2014

By : hidden hidden

Category : India

Government unlikely to implement gas price hike retrospectively

The government may not implement the delayed increase in price of natural gas with retrospective effect as it would be difficult to back charge higher bills from power and CNG consumers, an official said. #India #Reliance Industries #C Rangarajan #NewsTracker #KG-D6 #CNG #Niko Resources
RIL to increase KG-D6 gas production to reverse falling output trend

Updated : Jan 03, 2014

By : hidden hidden

Category : Business

RIL to increase KG-D6 gas production to reverse falling output trend

Production at KG-D6 has dropped to just about 12 mmscmd and MA-8 will help reverse the falling trend of last three years. #Reliance Industries #NewsTracker #BP #RIL #Bay of Bengal #Niko Resources #Krishna Godavri basin #KG-D6 black #D1&D3
RIL, BP, Niko to give $1.2 bn bank guarantee over 3 yrs for higher gas price

Updated : Dec 29, 2013

By : hidden hidden

Category : Business

RIL, BP, Niko to give $1.2 bn bank guarantee over 3 yrs for higher gas price

The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately suppressed production at the main Dhirubhai-1 and 3 (D1 & D3) fields. #NewsTracker #Oil Ministry #LNG #KG-D6 #Rangarajan #BP #RIL #CCEA #Niko Resources
CCEA allows RIL to double gas price, asks for bank guarantee clause

Updated : Dec 20, 2013

By : hidden hidden

Category : Business

CCEA allows RIL to double gas price, asks for bank guarantee clause

Prices of natural gas, which is an input to manufacturing fertiliser and electricity generation, will be revised every quarter based on the average of the past four quarters, with a gap of one quarter. #Reliance Industries #LNG #KG-D6 #PolicyWatch #Niko Resources #Rangarajan formula