Chevron Said to Be Interested in Buying Assets of Yukos of Russia
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If Chevron succeeds, such an acquisition could help close the final chapter on the downfall of Russiaâs largest oil company.
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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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Assets of Russia&#39;s beleaguered Yukos oil company should fetch at least $15 billion, a senior official said Monday, as the company&#39;s main production unit is evaluated for sale to offset a crushing back-tax bill.
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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.
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Stricken Russian oil firm YUKOS may ask  a U.S. judge on Wednesday to find Gazprom in breach of a court  order for participating in the weekend sale of YUKOS's core  asset, which could expose the state gas giant to asset  seizures.
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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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ONGC Videsh Ltd. (OVL) could emerge as the favored partner of Russian gas firm Gazpromneft in the latter&#39;s bid for the assets of the beleaguered Russian oil giant Yukos.
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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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The chairman of beleaguered Russian oil giant said the owners of the company could seek to resolve their conflict with the Kremlin by selling their stakes.
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China's state-owned oil company may get a 20% stake in Yukos' former oil production unit, a Russian minister says.
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In an attempt to create a state energy leviathan, the Russian natural gas monopoly Gazprom said today that it would bid for the prize oil assets of Yukos.
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President Vladimir V. Putin said on Friday that state-run companies might bid for assets of Yukos in any sale to collect back taxes.
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US oil major ConocoPhillips is seeking to buy up to 25 percent in oil giant LUKoil to add billions of barrels of reserves to its books, an industry source familiar with the matter said Friday.
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China's biggest oil and gas producer could be offered a 20 percent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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China National Petroleum Corp. is willing to lend the state-controlled buyer of the embattled Yukos oil company's biggest production unit up to &#36;6 billion to finance the purchase, a newspaper reported Tuesday.
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ConocoPhillips (COP:NYSE - news - research) will seek to buy up to a quarter of Russian oil giant Lukoil, Reuters reported Friday, citing an industry source familiar with the matter.
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The Justice Ministry said Tuesday that it planned to sell the core petroleum subsidiary of Yukos, the embattled Russian oil giant, at what appears to be a steep discount to settle billions of dollars in tax debts.