Mysterious bidder buys $9.4 billion Yukos âheadacheâ
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In a surprising turn of events, an unknown company placed the winning bid for the oil arm of Yukos at a much publicised auction in Moscow on Sunday.
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MOSCOW, Oct 14  - The Russian government will sell a controlling stake in Yuganskneftegaz, the key holding of the troubled Yukos oil giant, for just over four billion dollars, Interfax reported Thursday without disclosing its sources.
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LONDON, October 18  - Russia&#39;s privatization agency has set an auction date of November 22, 2004 for the sale of Yuganskneftegaz, the main production unit of the beleaguered oil giant, Yukos Oil (YUSA.
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YUKOS and its investors were left guessing as to Russia&#39;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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President Vladimir Putin affirmed the legality of the $9.3 billion sale of the crown jewel of the Yukos oil empire to a mysterious company, suggesting the new owners could eventually link up with another Russian energy company or a Chinese conglomerate.
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State-owned Rosneft, which sparked wide speculation over how it will pay for its &#36;9.3 billion acquisition of the Yukos oil company's biggest production unit, is set to borrow over &#36;4.5 billion from unknown sources, a newspaper said Friday.
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Competition heated up for the foreign assets of shattered oil company OAO Yukos on Thursday, while its board chairman hinted that a mystery investor could make a last minute offer to buy the company's billion-dollar debts as bankruptcy loomed.
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Managers from a secretive, Kremlin-loyal oil company represented the mystery buyer of the beleaguered Yukos oil giant's core subsidiary, two Russian newspapers reported Tuesday.
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The previously unknown company that made the winning bid for beleaguered Yukos Oil Co.&#39;s core production facility is likely to make it available to state-controlled Gazprom natural
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An oil company controlled by the Russian government said that it had bought the company that had won Sunday's auction for the largest subsidiary of Yukos.
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MOSCOW, Russia -- The sale of embattled Russian oil company Yukos to a little known bidder has been called a scandal by some observers and led to speculation the government may make a grabbed for its assets.
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PETER CAVE: A mystery Russian company has bought what&#39;s been described as the heart of the country&#39;s beleaguered oil giant, Yukos.
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Foreign investors may be allowed to bid for the key oil producing subsidiary of embattled Russian oil firm Yukos. Moscow authorities are forcing the sale of Yuganskneftegas, which accounts for 60% of the firm&#39;s
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U.S. oil major Chevron  is interested in buying assets of Russia's bankrupt oil firm YUKOS , the spokesman for YUKOS's receiver said on Friday.
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Top Russian oil exporter YUKOS  threatened to escalate its legal battle abroad on Tuesday as  the mystery surrounding the buyer of its core asset began to  lift with newspapers linking it to Russia's No. 4 oil firm,  Surgutneftegaz.
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19 December 2004 -- The Russian firm Baikalfinansgroup has won the bidding to buy a core asset of the Yukos oil company -- Yuganskneftegaz -- as the Russian government today carried out its threat to dismember Yukos.
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Russia left YUKOS and its investors  guessing as to its next move on Monday after selling its main  oil production unit to Baikal Finance Group, a mystery firm  registered at a grocery in provincial Russia.