Chinese may get Yukos oil stake
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China's state-owned oil company may get a 20% stake in Yukos' former oil production unit, a Russian minister says.
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Talk intensifies that oil company will sell its key Siberian unit for low price to pay back taxes. MOSCOW  - Shares of Russian oil company Yukos fell Monday as fears intensified that the firm&#39;s key
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In a dramatic shift, Russia said Thursday it won&#39;t give the main asset of embattled oil giant OAO Yukos to gas company OAO Gazprom, instead using it to create a new government-owned oil company in which it will offer a minority stake to China&#39;s state
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China lent Russia $6 billion to help the  Kremlin renationalize the key unit of oil major YUKOS,  officials said on Tuesday, underpinning oil-hungry Beijing's  efforts to tap into Russia's huge energy business.
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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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Russia&#39;s Industry and Energy Minister Viktor Khristenko has said that the China National Petroleum Corporation (CNPC) could be offered a 20 percent stake in a state-owned Russian company which will run Yuganskneftegaz, the main production unit of
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Russia said Thursday that China Petroleum &amp; Chemical Corp., Asia&#39;s biggest oil refiner, may join Royal Dutch/Shell Group&#39;s Sakhalin-2 project in the Pacific and buy liquefied natural gas from the venture&#39;s offshore fields.
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SINGAPORE (Dow Jones)--The suspension by troubled Russian oil giant Yukos (YUKO.RS) of some crude exports to China has largely failed to move Asia&#39;s oil market as doubts surface over the company&#39;s grounds for its decision, industry sources said Monday.
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China's biggest oil and gas producer could be offered a 20 percent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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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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Analysts around the capital sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.
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The head of Russia's state-owned railroad network said Thursday that a Chinese oil company would cover the embattled Yukos oil company's rail transport bills for October, the Interfax news agency reported.
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Foreign investors may be allowed to bid for the key oil producing subsidiary of embattled Russian oil firm Yukos. Moscow authorities are forcing the sale of Yuganskneftegas, which accounts for 60% of the firm&#39;s
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Russia&#39;s gas monopoly Gazprom is talking to Western banks to raise up to $10 billion to fund the purchase of the key oil unit of embattled oil major Yukos, industry sources said on Wednesday.
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BEIJING  - China National Petroleum Corp. is in talks with Yukos in an effort to persuade the Russian oil supplier to renew needed shipments of crude oil, an executive of China's state-run oil giant said Monday.
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Gazprom, Russia&#39;s state-controlled gas monopoly, could team up with the China National Petroleum Corporation to develop the Yukos oil company&#39;s main production asset, sold to a mystery bidder on Sunday.
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[World News]: Moscow, Dec 30 : China&#39;s CNPC oil and gas corporation would be offered up to 20 per cent stake in Yuganskneftegaz, earlier acquired by Russia&#39;s state-owned Rosneft oil major ahead of its merger with Gazprom gas monopoly.