* Shares in India's Reliance Industries Ltd gain 1.7percent after its KG-D6 block partner Niko Resources Ltd said its proved reserves increased by 160 percent, andthat a recent gas discovery in the D6 block off India's eastcoast could add significantly to future reserves. * Reliance Industries is the operator of the block with a 60percent stake. BP Plc holds 30 percent and Niko the rest.* The Canadian oil and natural gas producer said in May it madea significant gas discovery, along with its partners, in theKG-D6 block off India's east coast. * Niko shares also rose as much as 13 percent in morning tradingon the Toronto Stock Exchange on Thursday. (abhishek.vishnoi@thomsonreuters.com /;abhishek.vishnoi.thomsonreuters.com@reuters.net)
Ithaca Energy snaps up Eni's UK assets in $940 million North Sea deal
April 23 (Reuters) - Ithaca Energy has agreed to buy nearly all of Eni's UK-based oil and gas producing assets for about 754 million pounds ($938.28 million) in stock, as it looks to become one of the biggest independent energy companies in the North Sea.
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