July 18, 2014 – News Today

India gas price hike delayed again: Niko Resources

Niko Resources Ltd. reported Friday a promised price increase at its offshore India gas play faces at least a three-month delay, while noting an annual loss and further declines in production. The Calgary-based international explorer posted a loss of $657 million US in the fiscal year ended March 31, compared with a loss of $216 million in the previous year. Read More