Oil company &#39;was behind Yukos buy&#39;
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Russian press reports say oil company Surgutneftegaz is the mystery purchaser of the main assets of Russia&#39;s Yukos empire, which was auctioned for $9.35 billion to a shell company at the weekend.
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In a surprising turn of events, an unknown company placed the winning bid for the oil arm of Yukos at a much publicised auction in Moscow on Sunday.
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Gazprom is considering a recommendation from Deutsche Bank that it buy Yuganskneftegaz, Yukos&#39; main production unit, as part of a wider strategy to increase its presence in the oil sector, a company official said Monday.
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Russia&#39;s gas monopoly Gazprom is talking to Western banks to raise up to $10 billion to fund the purchase of the key oil unit of embattled oil major Yukos, industry sources said on Wednesday.
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Russia's president endorsed the sale of a majority stake in Siberian oil fields held by Yukos, the besieged Russian oil conglomerate, and said the purchase had followed the law.
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ISN SECURITY WATCH (27/12/04) - Russia&#39;s state-owned Rosneft oil company announced on Thursday that it had fully bought Baikal Finance Group, the mysterious shell firm that had won the 20 December controversial auction for Yuganskneftegaz, the core
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Russia's anti-trust body said on Saturday it had approved the state oil firm Rosneft's purchase on Thursday of the obscure buyer of the key production unit of beleaguered YUKOS oil company.
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GAZPROM asserted its status as a major force in Russian oil yesterday by confirming that it would bid for Yuganskneftegaz, the Yukos oil subsidiary.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos' most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas giant Gazprom.
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The future of the Russian oil industry took an unexpected turn Sunday when a previously unknown investment group won an auction for the main production assets of embattled oil company Yukos.
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Yukos shares rise after Russia's leading energy groups said they would not bid for its main production subsidiary.
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The main production unit and jewel in the crown of Yukos, the beleaguered Russian oil group, was bought by a mystery shell company yesterday for a fraction of its real value, in
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BEIJING, Dec. 23 -- Russian state-owned oil company Rosneft has reportedly bought the little-known company Baikal Finance Group which bought Yukos&#39; most important production unit Yuganskneftegaz.
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US oil giant ConocoPhillips has announced a $US2.4billion ($3.3billion) strategic alliance with Russia&#39;s largest oil company, Lukoil, under which Conoco will buy a 7.6per cent stake in the Russian company and get a share of joint projects.
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Amid the intrigue surrounding the sale of the largest subsidiary of the Russian oil giant Yukos, the Kremlin effectively wound up with control of about 15 percent of the country&#39;s oil production, which industry analysts had speculated was the government&#39;s
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Russia's oil major YUKOS has asked the Lithuanian government to postpone at least for four months the procedure of purchase of shares of the Mazeikiu Nafta oil processing complex of Lithuania, YUKOS ...
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Analysts around the capital sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.