Russia rejects US court freeze on Yukos auction
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MOSCOW: Russia forged ahead yesterday with the weekend auction of the core asset of crippled oil giant Yukos despite a US court order barring the sale, as the state-controlled gas monolith Gazprom entered the bidding.
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Russian oil group YUKOS has filed for  bankruptcy protection in a U.S. court in an attempt to stop the  Russian government from auctioning off its main production unit  on Dec. 19, it said on Wednesday.
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MOSCOW: Embattled Russian oil major Yukos should hear later today whether a United States bankruptcy court will back its last-ditch attempt to halt the sale due on Sunday of its main production unit.
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A Moscow court has barred the embattled Russian oil giant Yukos from holding an emergency shareholders meeting next week, a Russian oil company official said Thursday.
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Russian natural gas monopoly Gazprom on Saturday filed an appeal in US district court seeking to overturn a bankruptcy judge&#39;s temporary restraining order blocking the auction of Yukos&#39; (YUKO.
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A U.S. bankruptcy court on Thursday  stepped into the ongoing battle between YUKOS YUKO.RTS and the  Russian government, issuing an order to block the impending  auction of the company's main oil-producing arm.
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Russian oil group YUKOS has filed for  bankruptcy protection in a U.S. court in an attempt to stop  Russia's government from auctioning off its main production  unit on Dec. 19, it said on Wednesday.
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Russian officials Wednesday shrugged off the decision by embattled oil giant Yukos to file for bankruptcy protection in the US, saying the move was politically motivated.
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MOSCOW The Russian oil producer Yukos sought bankruptcy protection in the United States on Wednesday and requested an emergency court hearing to stop the Russian government&#39;s auction of its largest production unit.
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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 seeking to block  Sunday's auction for 10 days.
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Embattled Russian oil giant Yukos has filed for bankruptcy protection in a US court in an attempt to prevent the forced sale of its main production arm.
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Russian oil major YUKOS denied on Wednesday reports it planned to sell its Lithuanian refinery Mazeikiu Nafta to help cover its huge back tax bill.
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MOSCOW - Russia is vowing to proceed with an auction of oil giant Yukos&#39; key production subsidiary, saying a US court ban is irrelevant.
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Russian oil major YUKOS denied on  Wednesday reports it planned to sell its Lithuanian refinery  Mazeikiu Nafta to help cover its huge back tax bill.
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A U.S. district court judge on Saturday  upheld a bankruptcy court order temporarily blocking Russian  gas monopoly Gazprom from bidding in the auction of Russian oil  giant YUKOS' main production subsidiary.
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MOSCOW  - Russia forged ahead with the weekend auction of the core asset of crippled oil giant Yukos despite a disputed US court order barring the sale, with state-controlled gas giant Gazprom entering the bidding.
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A U.S. bankruptcy court on Thursday  stepped into the battle between YUKOS and the Russian  government, issuing an order to block Sunday's auction of the  company's main oil-producing arm for 10 days.