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About 1 results for "niko resources of canada"

Reliance, BP drop gas price arbitration against govt

Billionaire Mukesh Ambani-led Reliance Industries and its British partner BP plc have withdrawn a legal challenge they had mounted three years back against the government over delay in gas price revision. The withdrawal of the arbitration will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deep sea at an investment of Rs 40,000 crore by 2022. Sources said the two companies moved to withdraw the international arbitration ... Rediff.com, 1 month ago
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