Rosneft may top Gazprom as Russiaâs major oil company
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Rosneft, the state-owned Russian company that bought Yuganskneftegaz mystery buyer, Baikal Finance, may ouster Gazprom from its position as Russiaâs top energy company.
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Gazprom  may pay Royal Dutch Shell Plc  for money already spent developing the Sakhalin-2 oil and gas fields if it buys a stake, but analysts do not expect the Russian giant to pay a premium for expected profits or control.
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Russian gas firm Gazprom is aiming to grab a greater share of the UK market.
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The executive board of Russian gas monopoly Gazprom may discuss making a bid for the main production unit of oil major YUKOS at a meeting today, a Gazprom source says.
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General view of Gazprom headquaters is seen, in Moscow, on Friday, Dec. 17, 2004. The oil wing of Russia&#39;s state-controlled natural gas giant Gazprom does not intend to pull out of this weekend&#39;s auction of
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Russia faces major challenges to structure the $9.4 billion purchase by state firm Rosneft of stricken oil major YUKOS&#39;s key unit after Western lenders got cold feet, analysts said on Wednesday.
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The oil wing of Russia's state-controlled natural gas giant Gazprom does not intend to pull out of this weekend's auction of the main production unit of the embattled Yukos oil company, the ITAR-Tass news agency reported Friday.
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MOSCOW  - The nascent petroleum division of natural gas giant Gazprom will bid for the crown jewels of the battered Yukos oil empire, its chief said Tuesday - a widely anticipated move that could put the heart of the company jailed billionaire Mikhail Khodorkovsky created in Kremlin-friendly hands.
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Russian energy giant Gazprom said Tuesday it would acquire state-owned oil company Rosneft in a stock swap expected to ultimately ease restrictions on foreign investment in the world's biggest natural gas producer.
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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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When a 7.6 percent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - goes under the auction hammer Wednesday in Russia&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.
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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.
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Russia's state-controlled natural gas giant OAO Gazprom said Wednesday it had obtained large stakes in two joint-venture projects to develop major gas and oil fields, the latest in its moves to become one of the world's largest energy companies.
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Directors at Gazprom, the largest natural gas company in the world, approved the creation of an oil holding company Friday, setting the stage for the creation of a state-controlled oil and gas giant and cementing the Russian government's influence in the politically important oil sector.
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The Russian natural gas company Gazprom on Tuesday said it would buy one of the country&#39;s top oil companies, a move that would create a state-owned energy juggernaut.
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Russian state oil firm Rosneft on Friday put its man in charge of Yuganskneftegaz, taking control of the main production unit of oil major YUKOS, which is challenging the government auction of the asset in U.S. courts.
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In an attempt to create a state energy leviathan, Russia&#39;s natural gas monopoly Gazprom said Tuesday that it would bid for the prize oil assets of the crumbling oil giant Yukos, the country&#39;s No.