Yukos assets to be auctioned on March 27
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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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OAO Yukos Oil Co. will draw up a ``short-term emergency plan&#39;&#39; to prepare for the sale of OAO Yuganskneftegas, the company&#39;s main oil-producing unit, and the ``expropriation of other assets.
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Two little-known firms will join Russia gas monopoly Gazprom in the auction for the key unit of stricken oil giant Yukos, federal authorities say.
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MOSCOW : Russia&#39;s justice ministry announced plans to sell a part of the Yukos oil giant to cover the company&#39;s outstanding back taxes, officials said.
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Russia sets a date and price for the auction of embattled Russian oil giant Yukos' main unit, as it seeks payment of a massive tax bill.
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The heart of the Yukos oil empire will be auctioned by the government next month for what could be a bargain price to pay back a mounting multibillion-dollar tax bill - a dramatic finale to a relentless 18-month official probe that could destroy Russia&#39;s
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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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MOSCOW: Russia has said it would go ahead and sell Yuganskneftegaz, the main oil production unit of YUKOS, despite a US bankruptcy court order that seeks to halt Sundayâs auction for at least 10 days.
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Russia's Federal Property Fund said on  Friday it intended to go ahead with an auction of oil major  YUKOS' main unit Yuganskneftegaz despite a U.S. court decision  to freeze the state-imposed sale.
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Russia has pressed ahead with the last step in the break-up of oil major YUKOS, saying it will auction its main unit for $8.65 billion.
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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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Russia is set to go ahead with a sale of the main production asset of Yukos, the countryâs embattled oil company, despite an injunction issued late yesterday by a US court.
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Russia may auction 76.8 percent of the capital of Yukos&#39; major subsidiary of Yuganskneftegaz by the end of this month to cover the oil giant&#39;s multi-billion-dollar back taxes bill, Interfax news agency reported Thursday.
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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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Russian tax authorities yesterday 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
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Assets of Russia's beleaguered Yukos oil company should be sold for at least &#36;15 billion, a senior official said Monday, as the company's main production unit is evaluated for sale against a crushing back-tax bill.
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Russia said on Friday it would go ahead and sell Yuganskneftegaz, the main oil production unit of YUKOS, despite a US bankruptcy court order seeking to block Sunday&#39;s auction for 10 days.