Report: Russia May Give Yukos Unit Warning
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Russia's natural resources minister said Friday that he thought his ministry would give the main production unit of the battered Yukos oil company a three-month warning before pulling its drilling licenses, the Interfax news agency reported.
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MOSCOW, DECEMBER 20: Russia Left Yukos and its investors guessing as to its next move on Monday after selling its main oil production unit to Baikal Finance Group, a mystery firm registered at a grocery in provincial Russia.
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US investment bank JP Morgan Chase has reportedly carried out an assessment of the value of the core production unit of Russian oil giant Yukos and sent its conclusions to the embattled firm.
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Battered Russian oil major YUKOS  YUKO.RTS said on Friday that Russian state oil firm Rosneft's  assumption of control over key unit Yuganskneftegaz was  tantamount to an "illegal seizure" of its asset.
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A U.S. bankruptcy court is likely to revoke its temporary ban on the sale of Russian oil group YUKOS's main production unit, lawyers said on Friday.
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MOSCOW: Russian oil major YUKOS is poised to lose its core Siberian units, but the state will postpone its final move to dismantle the giant firm beyond next weekâs tax deadline, analysts predicted on Friday.
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LONDON, December 28  - The dismantling of the Russian oil giant Yukos (YUSA.FSE) and the governmentâs growing intervention in the economy could have a negative impact on the countryâs foreign investment inflows, Russian President
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Russia said on Friday it would go ahead  and sell Yuganskneftegaz, the main oil production unit of  YUKOS, despite a U.S. bankruptcy court order that seeks to halt  Sunday's auction for at least 10 days.
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Russia appears ready to sell the main asset of Yukos, the country&#39;s embattled oil company, for $4 billion, a fraction of its worth, reports say.
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Yukos' main shareholder files a legal complaint to prevent Russia selling off the embattled oil giant's key unit,  reports say.
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YUKOS and its investors were left guessing as to Russia's next move Monday after its main oil production unit was sold off to Baikal Finance Group, a mystery firm registered in a provincial city.
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Embattled Russian oil group YUKOS (YUKO.RTS: Quote, Profile, Research) should hear later on Thursday whether a US bankruptcy court will attempt to hold up the
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: The Bush administration today protested Russiaâs auction of Yukosâ main oil production unit and warned it could have a âchilling effectâ on foreign investment in Russia.
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US officials have expressed concern about the fate of Yukos, the Russian oil company. Yukos shares have dropped sharply in value since the Russian government demanded it pay nearly three and a half billion dollars in back taxes. Russian authorities accuse ...
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YUKOS' foreign investors accused Russia  on Friday of attempting to steal the oil giant's key unit  Yugansk and threatened to sue after Moscow set a Dec. 19 fire  sale of its assets, sending the stock collapsing by 25 percent.
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Embattled Russian oil major YUKOS (YUKO.RTS: Quote, Profile, Research) should hear later on Thursday whether a US bankruptcy court will back its last-ditch attempt
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Beleaguered Russian energy giant Yukos has warned that it will not produce as much oil as expected this year. It blames bailiffs who are draining its bank accounts to pay its potentially ruinous tax bill.