Yukos CFO delays return to Moscow after summoned for questioning
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A half-dozen executives of embattled oil giant Yukos have left Russia and the company&#39;s chief financial officer said Thursday he won&#39;t return until he learns whether the government is planning charges against him.
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SAN FRANCISCO (CBS.MW) -- Russian oil giant Yukos, fighting to keep Moscow from auctioning off its biggest asset, has been granted a hearing Thursday before a federal bankruptcy court judge in Houston.
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MOSCOW A Moscow court has barred the embattled Russian oil company Yukos from holding an emergency meeting at which shareholders were to vote on liquidating the company, an executive at another oil giant said Thursday.
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MOSCOW -- A half-dozen executives of Yukos, the embattled oil giant, have left Russia and the company's chief financial officer said he won't return until he learns whether the government plans to charge him.
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Russian prosecutors have issued an arrest warrant for Yukos&#39; chief lawyer and arrested another executive from the oil firm on suspicion of embezzlement.
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The Yukos oil company's appeal of its crushing 2000 back-taxes bill was put off until next month, the Interfax news agency reported Tuesday.
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China yesterday called on Russia to ensure oil giant Yukos meets commitments to Chinese customers. Yukos said on Friday it was suspending oil exports by rail to state-owned
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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, called on banks to reconsider participation in the sale of its biggest unit, after a US judge temporarily barred them from the process.
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The prosecution in Russiaâs trial of former Yukos leader Mikhail Khodorkovsky adjourned proceedings on Tuesday until Nov. 9, Reuters reported citing court sources.
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The Russian government delays a decision on whether to revoke Yukos' Siberian oil licences by three months.
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MOSCOW  - When a U.S. bankruptcy judge decides whether to hear the crumbling oil giant Yukos' bankruptcy plea Wednesday, investors will be waiting with bated breath.
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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.
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Russian oil giant Yukos says it is about to miss a deadline on a back tax payment of more than $6bn due from 2002.
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Fears of a management bailout at the embattled oil giant Yukos loomed large Thursday after the company&#39;s chief financial officer said he had delayed his return to Moscow indefinitely after Russian prosecutors summoned him for questioning.
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The battered Russian oil giant Yukos said a Moscow court had frozen its 34.5 percent stake in rival Sibneft, halting a reversal of their merger that would provide cash for Yukos to settle massive tax bills.
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Oil giant Yukos is halting two-thirds of its exports to China because of its financial troubles, a move which could raise oil prices.
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MOSCOW  - A Russian court was to consider the beleaguered Yukos oil company's appeal on Tuesday to suspend government efforts to collect &#36;3.4 billion US (&#36;4.5 billion Cdn) in back taxes -a massive bill that has put Russia's largest oil producer on the verge of ruin.