Russia shrugs off US court freeze on oil giant Yukos auction
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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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Embattled Russian oil group YUKOS should  hear later on Thursday whether a U.S. bankruptcy court will  attempt to hold up the sale of its main production unit this  weekend, but lawyers and analysts expect Moscow will go ahead  anyway.
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MOSCOW, Russia -- Embattled Russian oil giant Yukos is set to learn if a US bankruptcy court will try to block the sale of its main production unit this weekend.
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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  - Trading in Yukos shares leaped more than 10 per cent on local exchanges Monday as Russia's top energy conglomerates said they would not bid for its main production subsidiary, which is due to be auctioned as collateral for the company's crushing back-taxes bill.
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MOSCOW  - A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant's core subsidiaries.
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President Vladimir Putin said Friday, the government has no plans to seize the embattled oil giant, but if its assets are sold, anyone, including government organizations, will be able to bid.
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Russian oil group YUKOS has filed for bankruptcy protection in a US court in an attempt to stop the Russian government from auctioning off its main production unit on Dec.
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Investors refrained from trades in Yukos as they awaited a critical court decision on whether Russia's embattled oil giant could use its contested stake in a rival company to pay off its crushing tax bill.
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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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American courts came into direct conflict with Russia yesterday, after Russia insisted it would push on with plans to sell off the main chunk of stricken oil giant Yukos
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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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Russian oil major YUKOS has filed for  bankruptcy protection in a U.S. court and will seek an  injunction to stop Russia from auctioning off its main  production unit on Dec. 19, it said on Wednesday.
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A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant&#39;s core subsidiaries.
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Russian oil giant Yukos has reportedly lost a court case against the sale of its main production unit.
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HOUSTON - Gazprom, the Russian state-controlled natural-gas giant, yesterday appealed a US bankruptcy judge&#39;s order that granted oil giant Yukos a temporary injunction halting the auction of its key production subsidiary.
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Russian oil giant Yukos has filed for bankruptcy protection in the United States, hoping to keep Russian authorities from auctioning off its main production subsidiary.