State Company Buys Winner in Yukos Deal
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An oil company controlled by the Russian government, Rosneft, said yesterday that it had bought the company that had won Sunday&#39;s auction for the largest subsidiary of the oil giant Yukos.
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The Russian natural gas company Gazprom on Tuesday said it would buy one of the country&#39;s top oil companies, a move that would create a state-owned energy juggernaut.
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MOSCOW  - Russia's little-known BaikalFinansGroup bought the core production unit of oil giant Yukos at auction for &#36;9.3 billion US on Sunday, gaining control of one of Russia's most prized oil assets.
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A Russian state oil firm has bought YUKOS's core unit, effectively nationalizing 11 percent of the country's crude output and throwing confusion over YUKOS's attempts to halt its own dismemberment.
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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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Russia&#39;s state owned oil firm Rosneft has bought the mystery winner of Yukos&#39; prize production unit in a move that nationalises 11% of the country&#39;s oil output even as a legal battle rages in America over the sale.
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A little-known group bought the main production unit of Russia's largest oil producer for $9.3 billion on Sunday, gaining control of one of Russia's most prized assets for half of what foreign auditors say it is worth.
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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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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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A little known Russian organization, Baikalfinansgroup, bought the core production unit of the troubled Yukos oil company at auction for &#36;9.3 billion Sunday, gaining control of one of Russia's most prized oil assets.
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Unknown company Baikal Finance Group was  declared winner of an auction for Russian oil firm YUKOS's main  production unit Sunday, outbidding gas monopoly Gazprom, the  widely-viewed favorite.
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NEW YORK, December 17  - A US bankruptcy court yesterday granted the beleaguered Russian oil giant, OAO Yukos Oil Co (YUSA.
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Russia was set to rip the heart out of  its biggest oil producer YUKOS Sunday, with the firm's core  unit being sold in a forced auction after almost a decade in  private hands.  Unknown firm Baikal Finance Group was announced the winner of  the auction of Yuganskneftegaz soon after bidding began at 4  p.m., beating the favorite, state-controlled gas monopoly  Gazprom.
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Russian state oil firm Rosneft moved on Friday to take control of stricken oil major YUKOS&#39;s key unit, Yuganskneftegaz, bought at a controversial auction which YUKOS is challenging in the US courts.
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The buyer of the main asset of embattled Russian oil firm Yukos is reportedly sold to state-owned Rosneft.
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ConocoPhillips buys stake in Russia's Lukoil.
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MOSCOW -- A company so small that it did not seem to have an office bid successfully yesterday to buy the second- biggest oil production facility in Russia for $9.3 billion, deepening the intrigue around the fate of Yukos Oil.