Yukos May Be Forced To Halt Production After Accounts Seized
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Accounts held by Yukos have been seized and the company could be forced to halt production, the Russian oil giant warned today. A Moscow court granted a state prosecutor&#39;s request &quot;to seize
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The board of Russia&#39;s embattled oil giant Yukos will halt crude supplies to Baltic refinery Mazeikiu Nafta until the end of the year, the Interfax agency reported Monday - just hours after Yukos confirmed a similar move involving a Chinese company.
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Embattled Russian oil company warns that it may scale back oil output after more funds seized. MOSCOW  - Russian oil major Yukos again warned on Thursday that it may be forced to cut output after
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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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Russia&#39;s Resources Ministry will decide in two weeks whether to revoke the production licences of oil major Yukos key Siberian unit Yugansk after it stopped paying taxes, a ministry source said Friday.
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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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But exports to Europe safe after the Russian oil firm seals a barter deal with pipeline monopoly. MOSCOW  - Yukos&#39; crippling tax debts finally forced the Russian oil major to make a much-feared production cut Wednesday.
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Gazpromâs oil arm Gazpromneft is set to take part in the auction for Yuganskneftegaz, Yukosâ main production unit, despite a ruling by a US bankruptcy court to halt the sale for 10 days.
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Russia&#39;s embattled Yukos oil giant said it had partly suspended its deliveries to China because its legal troubles have left it without cash to pay transport and customs costs.
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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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Embattled Russian oil major YUKOS   should hear later Thursday whether a U.S. bankruptcy court will  back its last-ditch attempt to halt the sale due Sunday of its  main production unit.
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RBC, 16.12.2004, Moscow 18:15:25.Foreign banks that will provide credits to a possible buyer of Yuganskneftegaz may gain control over this enterprise, Igor Yurgens, the Vice President of the Russian Union of Industrialists and Entrepreneurs told Echo of
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A U.S. bankruptcy court is likely to  revoke its temporary ban on the sale of Russian oil group  YUKOS's main production unit, lawyers said on Friday.
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Russian oil major YUKOS again warned on Thursday that it may be forced to cut output after saying that a Moscow court ruled this week that &#36;2.6 billion of company funds could be seized by the authorities.
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Prosecutors have seized financial papers for the last two years from oil giant Yukos, sparking fears of a fresh multi-billion dollar tax demand.
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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.
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Russian prosecutors seize financial documents from oil giant Yukos, raising fears of fresh tax demands.