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RIL's KG-D6 has 80% less reserves than estimated: Niko Resources
NEW DELHI: Reliance Industries' flagging KG-D6 gas block holds 80 per cent less reserves than previously estimated, the firm's junior partner Niko Resources of Canada said today. Proved plus probable reserves at Krishna Godavari basin D6 block has ...
Reliance, Niko shares fall on cut in gas reserve estimate  Reuters India
Reliance slumps after Niko cuts gas reserve estimate  Firstpost
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Niko Resources downgrades KG-D6 reserves
MUMBAI: Canada-based Niko Resources, Reliance Industries partner in the prolific D6 block in the Krishna Godavri basin has reported a reduction in reserves.
Niko slashes estimates for KG-D6 basin  Livemint
Chart of the day: It's not just RIL that is suffering from low gas output
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Bright future for Couche-Tard
Canadian energy producer Niko Resources Ltd.'s 70-per-cent writedown of proved plus probable natural gas reserves at its D6 block in India "reads as very negative," said Raymond James analyst Rafi Khouri.
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Shaw family of cable-TV moguls tops Calgary's executive earnings again
Edward Sampson, CEO and chairman of Niko Resources Ltd., who was first in the survey in 2008 and 2009 and second in 2010, was fifth in the latest survey at $10.7 million and Steve Wilson, Shaw's chief financial officer, placed sixth at $10.4 million.
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Encana boosts spending plan $600-million
The energy giant, trying to distance itself from the depressed natural gas market, jacked up its spending plans for 2012 by $600-million (U.
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Moody's May Downgrade Banks Including RBC
According to a Bloomberg report citing two unnamed sources, Moody's will downgrade a slew of major international banks. CP. Ratings agency Moody's Investor Service has downgraded the credit ratings of Canada's biggest bank, the Royal Bank of Canada, ...
Batista Said to Sell 49% of AUX to Qatar for $2 Billion
The fund with S$193 billion in assets invested in Calgary-based oil and natural-gas explorer Niko Resources Ltd., and Singapore-based agricultural commodities supplier Olam International Ltd.
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Couturier, Schenn instrumental in Flyers strong 2012 post-season
Marc-Andre Bourdon and Zac Rinaldo saw limited playoff action despite being major factors in the Flyers' regular season.
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Oil price differentials: Caught between sands and pipelines
The vast majority of Canada's bitumen is ending up in PADD II - in Cushing - where it simply sits in tanks because there is no heavy oil refining capacity in the Midwest, and there is very limited pipeline capacity to move oil south. Cushing is ...
CBI officials don't see eye to eyeon prosecution in KG basin case
Sharp differences have emerged within the Central Bureau of Investigation over prosecution of the former Director-General of Hydrocarbons, V.K.