Russia set to auction oil giantâs prize asset
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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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Gazprom, Russia&#39;s state-controlled gas monopoly, on Tuesday said it would bid for the main production unit of Yukos, the country&#39;s embattled oil
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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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Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company YUKOS  despite a U.S. bankruptcy court decision to block it for several days.
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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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MOSCOW, Russia -- The sale of embattled Russian oil company Yukos to a little known bidder has been called a scandal by some observers and led to speculation the government may make a grabbed for its assets.
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Russia will auction control of OAO Yukos Oil Co.&#39;s main unit for as little as $8.6 billion in a government-run fire sale to collect back taxes that threatens to bankrupt the country&#39;s biggest oil exporter.
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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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State gas giant Gazprom will participate in the Dec. 19 auction of Yukos unit Yuganskneftegaz, the head of the monopoly's nascent oil division said Tuesday.
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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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A majority stake in the embattled Russian oil company Yukos' main production unit will be sold at an auction scheduled for Dec. 19, an announcement in the official government newspaper said Friday, confirming the country's largest oil producer will be broken up as part of a politically charged battle for control over the strategic resource.
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The Russian governmentÂs campaign to tighten control over the countryÂs energy industry claimed its first prize from a foreign energy company today.
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MOSCOW -- Russian tax authorities on Friday scheduled the equivalent of a fire sale at what was once the nation&#39;s largest oil company, offering the main production facility at Yukos Oil for auction next month at a fraction of its value.
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Russia&#39;s Gazprom said on Tuesday it will bid for embattled oil firm YUKOS&#39; main unit next month, as the Kremlin seeks to turn the world&#39;s biggest gas producer into a major oil player.
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MOSCOW  - State gas giant Gazprom will take part in the Dec. 19 auction of Yukos unit Yuganskneftegaz, the head of the monopoly's new oil division said Tuesday.
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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 nascent petroleum division of natural gas giant Gazprom will bid for the crown jewel of the battered Yukos oil empire, its chief said Tuesday - indicating the heart of the company created by jailed billionaire Mikhail Khodorkovsky may end up in Kremlin