Russia to Hold YUKOS Auction
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS YUKO.MM despite a U.S. bankruptcy court decision to  block it for several days.
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Russia has pressed ahead with the last step in the break-up of oil major YUKOS, saying it will auction its main unit for $8.65 billion.
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Russian gas giant Gazprom is to bid in the government's $8.65bn sale of a key stake in stricken oil firm Yukos.
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Russia pressed ahead on Friday with the  last step in the destruction of oil major YUKOS, saying it will  auction its main Siberian unit on Dec. 19 for $8.65 billion and  hit it with a new tax claim.
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The sale by auction of the main production arm of Russian oil company Yukos is scheduled to take place today. Yukos&#39;s troubles began when its founder and key shareholder, Mikhail Khodorkovsky, broke an unwritten
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Russia's Federal Anti-Monopoly Service said Friday that a fourth bidder would be participating in this weekend's planned auction of the embattled Yukos oil company's giant Siberian production unit.
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The Russian Justice Ministry says it plans to sell some of the assets of the giant Yukos oil company to cover its outstanding tax bill.
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Oil major YUKOS will hold a shareholders meeting on Dec. 20 to decide whether to file for bankruptcy or liquidate the firm after it was hit with huge new
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Overseas firms may be allowed to bid for the key asset of under fire Russian oil firm Yukos, the Kremlin says.
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Gazpromâs oil arm Gazpromneft is set to take part in the auction for Yuganskneftegaz, Yukosâ main production unit, despite a ruling by a US bankruptcy court to halt the sale for 10 days.
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MOSCOW - Bidding for Yukos&#39;s main oil-pumping division, Yuganskneftgaz, will proceed as scheduled on Sunday, say Russian officials.
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Assets of Yukos, once Russia's biggest oil producer, will be sold at an auction March 27 as the company's liquidation begins, the government announced Thursday.
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The Russian gas giant Gazprom declared Wednesday it would bid for a major oil production subsidiary of the embattled oil company Yukos when the subsidiary is auctioned off by the government on Dec.19.
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MOSCOW The government on Friday set the stage for the resolution of the &quot;Yukos affair,&quot; setting an auction date for the prize asset of Yukos, the country&#39;s No.
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Description: Russian officials make it clear they plan to proceed with an auction of oil company Yukos&#39; main production unit, despite a restraining order from a US court.
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The Russian government said Thursday that it would hold an auction Sept. 29 to sell its 7.59 percent stake in Lukoil, the giant oil company, at a starting price of $1.
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The receiver of Russian oil firm Yukos will hold the first auction of its remaining assets next month.