YUKOS Keeps Up Publicity, Legal Battle in West
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NEW YORK/HOUSTON  - Russian oil company YUKOS will  go before a U.S. bankruptcy judge on Thursday, seeking to keep  alive its claims to the empire now dismantled by Moscow in the  ongoing tax dispute there.
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Russia is trouncing the West in the race to gain access to the enormous oil and gas reserves of its neighbors.
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Russian Foreign Minister Sergei Lavrov said Friday that the legal case against the country&#39;s embattled oil giant Yukos will be handled under Russian law.
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Russian oil major YUKOS said on  Wednesday it had filed for bankruptcy protection in a U.S.  court and would seek an order from the court to halt the Dec.  19 sale by the Russian state of its main oil unit.
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Russia pledged on Friday to ignore a US court ban on the looming auction of oil giant Yukos&#39; key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was
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The Russian oil giant Yukos on Friday issued sharply higher revised estimates of reserves for its biggest subsidiary, one currently being appraised for sale by the government, and reiterated that Yukos was operating financially on a &quot;day-to-day&quot; basis and
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World oil prices rose sharply again on  Thursday after Russian oil giant YUKOS said a Moscow court's  decision to effectively freeze its bank accounts threatened its  ability to continue production.
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The troubles of Yukos drive up the price
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MOSCOW Crude oil prices shot higher Thursday after a court here froze bank accounts at production units of Yukos, Russia&#39;s largest producer, and a pipeline was sabotaged in Iraq.
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The Russian oil company, Yukos, continued its legal battle with the Russian government in two-thousand-four. The government reported this year that Yukos owed more than twenty-seven thousand million dollars in taxes.
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Oil firm YUKOS will continue to fight  against the Russian government in the courts to regain its  property whatever the outcome of a U.S. bankruptcy hearing this  week, a YUKOS executive said on Tuesday.
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Russia will forge ahead with an auction  on Sunday to sell the key asset of stricken oil company YUKOS  despite an order from a U.S. bankruptcy court blocking the sale  for 10 days, an official said on Friday.
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The majority owner of embattled Russian oil company Yukos threatened legal action Monday against potential suitors for its main subsidiary, which is to be auctioned off by the government next Sunday.
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Russian gas giant Gazprom pushed ahead with plans to bid for the main production unit of embattled oil group Yukos, a takeover that would create a state-controlled oil and gas behemoth to rival Saudi Arabia's Aramco.
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MOSCOW/SCHLESWIG, Germany  - Russian President  Vladimir Putin threw his weight behind the controversial sale  of oil firm YUKOS's core asset Yugansk on Tuesday despite a  threat from the stricken company to escalate its legal battle  in foreign courts.
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Russia's Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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Yukos can succeed in postponing the auction of Yuganskneftegaz on December 19 if the court rules in its favor in the case where the Russian oil giant seeks US Chapter 11 bankruptcy protection.