Unknown Firm Wins Bid for Russian Oil Giant
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Russia completed the dismantling of Yukos Oil today, selling off the country's largest oil subsidiary to a company that was essentially unheard of until three days ago.
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U.S. oil major ConocoPhillips won an  auction for a 7.6 percent state stake in Russian oil giant  LUKOIL with a bid of $1.988 billion, the Russian property fund  said on Wednesday.
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The US oil giant got a good price, Russia&#39;s No. 1 oil company acquired a savvy partner, and Putin polished Russia&#39;s image.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos&#39; most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas
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RBC, 13.10.2004, Moscow 14:13:45.A new company may be created so that it will take part in the auction for selling YUKOS&#39; major oil producing subsidiary Yuganskneftegaz.
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Analysts 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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A little known company has bought the main production asset of embattled Russian oil company Yukos, paying 260.75 billion rubles, or $9.35 billion, at auction.
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YUKOS and its investors were left guessing as to Russia's next move Monday after its main oil production unit was sold off to Baikal Finance Group, a mystery firm registered in a provincial city.
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The Russian natural gas company Gazprom on Tuesday said it would buy one of the country&#39;s top oil companies, a move that would create a state-owned energy juggernaut.
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The cash-rich private oil company Surgutneftegaz is the mystery purchaser of the main assets of the Yukos empire, auctioned for US$9.35 billion to a shell company on Sunday, the daily newspaper Gazeta said yesterday.
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NEW YORK, December 23  - The Russian government appears all set to control 15% of the countryâs oil production, with the state-owned Rosneft purchasing Baikalfinansgroup, the unknown entity which won the weekend auction of Yukos
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A company so small that it did not seem to have an office bid successfully yesterday to buy the second- biggest oil production facility in Russia
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MOSCOW, December 19 - Russia completed the dismantling of Yukos Oil today, selling off the country&#39;s largest oil subsidiary to a company that was essentially unheard of until three days ago.
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MOSCOWâConocoPhillips Co. has won an auction for a 7.6 per cent stake in Russia&#39;s OAO Lukoil Holdings and says it aims to raise that to 20 per cent in an alliance that would allow the two oil majors to tap vast reserves in northern Russia and Iraq.
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Gazprom, Russia&#39;s state-controlled gas monopoly, on Tuesday said it would bid for the main production unit of Yukos, the country&#39;s embattled oil
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Russia's anti-trust body said on Saturday it had approved the state oil firm Rosneft's purchase on Thursday of the obscure buyer of the key production unit of beleaguered YUKOS oil company.
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The Russian gas giant Gazprom declared Wednesday it would bid for a major oil production subsidiary of the embattled oil company Yukos when the subsidiary is auctioned off by the government on Dec.19.