Russia Bars Foreign Bidders From Big Mineral Auctions
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The head of Russia's natural resources ministry announced that foreign companies would be barred from bidding in auctions for large mineral deposits in 2005.
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The Bush administration on Tuesday  protested Russia's auction of YUKOS's main oil production unit  and warned it could have a "chilling effect" on foreign  investment in Russia.
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Foreign investors may be allowed to bid for the main assets of Russian oil major Yukos, Russia&#39;s privatization agency said Monday, amid speculation about a fire sale to settle Yukos&#39; back taxes.
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Billionaire Vladimir Potanin, who controls Russia's top metals miner Norisk Nickel , called on Russians to behave abroad in order to improve the country's business reputation.
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A Russian court today rejected the beleaguered oil company's appeal to suspend government efforts to collect $3.4 billion in back taxes.
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Russia said on Friday it would go ahead  and sell Yuganskneftegaz, the main oil production unit of  YUKOS, despite a U.S. bankruptcy court order which seeks to  halt Sunday's auction for at least 10 days.
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The Russian authorities have voiced their determination to proceed with the auction of Yuganskneftegaz even after the US judge ruling barring bankers and bidders including OAO Gazprom from participating in the auction, insisting that the sale is to be
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Last Wednesday, at the stroke of noon, one of the most lucrative prizes in Russia&#39;s oil industry went under the hammer. Russia&#39;s Federal Property Fund, which controls sales of state assets, auctioned a 7.6
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Billionaire Vladimir Potanin, who  controls Russia's top metals miner Norisk Nickel ,  called on Russians to behave abroad in order to improve the  country's business reputation.
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Russia's Gazprom asks the government to cancel an agreement to pipe large quantities of gas to China.
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Overseas firms may be allowed to bid for the key asset of under fire Russian oil firm Yukos, the Kremlin says.
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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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Russia cancelled an essential permit for a Shell-led consortium to develop the huge Sakhalin-2 oil and gas fields, as a top official warned foreign energy companies may lose their licenses.
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A Russian court yesterday rejected the Yukos oil company's appeal to suspend government efforts to collect $3.4 billion in back taxes -- a massive bill that has put Russia's largest oil producer on the verge of ruin.
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NEW YORK, December 22  - Russiaâs gas giant, Gazprom (GAZ.FSE), said yesterday that it had sold the holding structure that took part in the sale of Yukoâs main production unit two days before the auction, in a move aimed at avoiding
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The Russian government said it will auction off Yukos's largest oil subsidiary at a price the company's chief executive called "state-organized theft."
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Russia said on Friday it would go ahead  and sell Yuganskneftegaz, the main oil production unit of  YUKOS, despite a U.S. bankruptcy court order seeking to block  Sunday's auction for 10 days.