Rosneft to Buy Purchaser of Yukos Unit
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Russia&#39;s anti-trust body said on Saturday it had approved the state oil firm Rosneft&#39;s purchase on Thursday of the obscure buyer of the key production unit of beleaguered YUKOS oil company.
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Russian state oil firm Rosneft has  bought YUKOS's core unit, effectively nationalizing 11 percent  of the country's crude output and dealing a heavy blow to  YUKOS's attempts to halt its own dismemberment.
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MOSCOW. (RIA Novosti economic commentator Nina Kulikova) - On December 22 state-owned Rosneft purchased 100% of Baikal Finance Group, the mystery bidder that purchased a 76.6% stake in Yuganskneftgaz at auction.
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Russian state oil firm Rosneft has bought YUKOS's core unit, effectively nationalizing 11 percent of the country's crude output and dealing a heavy blow to YUKOS's attempts to halt its own dismemberment.
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The newly-created oil unit of Russian gas monopoly OAO Gazprom, Gazpromneft, will take part in the auction of the embattled Yukos oil company&#39;s largest unit, Yuganskneftegaz, Dow Jones NewsWires reported Tuesday, citing the news agency Prime-Tass.
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State gas giant Gazprom will participate in the Dec. 19 auction of Yukos unit Yuganskneftegaz, the head of the monopoly's nascent oil division said Tuesday.
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Rosneft, the state-owned Russian oil company, has reportedly moved to take control of Yuganskneftegaz, formerly Yukos&#39;s most important oil production plant.
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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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Last week Russian state oil firm Rosneft bought out the mysterious buyer of Yukosâ oil subsidiary Yugansk putting to rest for now, wide-scale speculation over the buyerâs identity.
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Russian President Vladimir Putin has defended the acquisition of Yuganskneftegaz, core asset of embattled oil major Yukos by the state-run Rosneft, saying that the state was protecting its interests in moving to get control of one of the biggest
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Russia&#39;s state-controlled gas giant Gazprom approved a plan to bid for Yukos&#39; core production unit Wednesday amid reports that the company was negotiating to secure a euro10 billion (US$13 billion) loan from a group of Western banks to support its offer.
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RBC, 27.09.2004, Moscow 13:37:37.Statements made by Russian President Vladimir Putin about the situation with YUKOS gave a green light to Gazprom and Rosneft to buy the oil company&#39;s assets, Zenit Bank analyst Sergey Suverov believes.
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The state-owned oil company Rosneft has acquired the unknown front company that won a controversial auction Sunday for a major production unit of the besieged oil giant Yukos.
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Russian state oil firm Rosneft has bought the core unit of Yukos, nationalizing more than 10 percent of the country&#39;s crude output and dealing a shattering blow to a once flourishing private enterprise.
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MOSCOW  - Cash-flush Surgutneftegaz, Russia's fourth-largest oil company by production and reserves, might consider buying the core production unit of embattled oil giant Yukos, the company's deputy chief said Tuesday.
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Russian state oil firm Rosneft moved on Friday to take control of stricken oil major YUKOS&#39;s key unit, Yuganskneftegaz, bought at a controversial auction which YUKOS is challenging in the US courts.
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As its merger unfolds with state-owned oil company Rosneft, Gazprom will not acquire Yuganskneftegaz, former key production unit of YUKOS oil company, Dmitry Medvedev, chairman of the Gazprom board, was cited as saying by Mayak radio.