Yukos Official Denies Talk of Imminent Bankruptcy
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A top Yukos executive said that the company should be able to produce and sell oil at least until the end of September.
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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, said it sought Chapter 11 bankruptcy protection in the US and requested an emergency court hearing to stop the government&#39;s auction of its biggest unit.
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The Venezuelan government has no immediate plans to buy Russian submarines, the defense minister told the state news agency Friday, denying a Russian newspaper report.
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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 that seeks to halt  Sunday's auction for at least 10 days.
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Russian oil group YUKOS has filed for bankruptcy protection in a US court in an attempt to stop the Russian government from auctioning off its main production unit on Dec.
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The planned sale of oil giant Yukos' main pumping unit to pay off the parent company's back taxes won't affect production, Russia's energy minister was quoted Tuesday in news reports.
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MOSCOW, October 11 (Itar-Tass) -- Moscowâs Arbitration Court on Monday rejected the oil major YUKOSâ statement challenging the judge who is hearing the Tax Ministryâs 40.
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Russia's Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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Russian oil giant Yukosâ chief executive officer Stephen Theede said today that the company would call an emergency shareholders meeting to consider a possible bankruptcy.
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YUKOS oil company announced December 15 it has filed for bankruptcy protection today. Please see the company&#39;s statement below.
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Russia&#39;s Natural Resources Ministry has postponed consideration of whether to suspend the licenses of the main subsidiary of the troubled giant oil firm Yukos.
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Russian oil major YUKOS denied on  Wednesday reports it planned to sell its Lithuanian refinery  Mazeikiu Nafta to help cover its huge back tax bill.
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Oil firm YUKOS will continue to fight  against the Russian government in the courts to regain its  property whatever the outcome of a U.S. bankruptcy hearing this  week, a YUKOS executive said on Tuesday.
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Russian oil giant Yukos has reportedly lost a court case against the sale of its main production unit.
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Russia is vowing to proceed with an auction of oil giant Yukos' key production subsidiary, saying a U.S. court ban is irrelevant. But the expected winner of Sunday's auction, the state-run Russian gas company Gazprom, may not be able to pay after a consortium of Western banks reportedly put on hold billions of dollars in credit it needs to fund its bid.
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Shareholders in Yukos are considering liquidation or filing for bankruptcy, after deciding against a rescue plan for the embattled Russian oil firm.
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Russia denied Friday it was withholding information from a panel investigating alleged corruption in the multibillion-dollar U.N. oil-for-food program in Iraq.