Russian gas giant to bid for Yukos subsidiary
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The Russian gas giant Gazprom declared Wednesday it would bid for a major oil production subsidiary of the embattled oil company Yukos when the subsidiary is auctioned off by the government on Dec.19.
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The Russian government plans to sell a majority stake in the main production unit of oil giant OAO Yukos at an auction on December 19.
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The Russian government plans to sell a majority stake in the main production unit of the embattled Yukos oil company at an auction scheduled for December 19, the Interfax news agency reported Friday.
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The Justice Ministry said Tuesday that it planned to sell the core petroleum subsidiary of Yukos, the embattled Russian oil giant, at what appears to be a steep discount to settle billions of dollars in tax debts.
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Russian gas giant Gazprom is to bid in the government's $8.65bn sale of a key stake in stricken oil firm Yukos.
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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 seeking to block  Sunday's auction for 10 days.
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Yukos is in the process of selling a 56-percent stake in a Siberian natural gas company to the Anglo-Russian joint venture TNK-BP in a bid to pay off its crushing tax bill, Western oil sources and media reports revealed.
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Russia's gas monopoly Gazprom will bid for the crown jewel of the embattled oil giant Yukos during an upcoming December auction, a top company official said, confirming long-held market rumors.
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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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MOSCOW A senior Russian official said Thursday that China&#39;s state oil company could be offered a 20 percent share in the giant subsidiary of Yukos that was confiscated and auctioned off in December.
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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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MOSCOW  - The Russian gas giant Gazprom said its board of directors had given its go-ahead for the state-controlled firm to bid for the main production unit of embattled oil group Yukos.
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GAZPROM asserted its status as a major force in Russian oil yesterday by confirming that it would bid for Yuganskneftegaz, the Yukos oil subsidiary.
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India's biggest oil exploration firm, Oil & Natural Gas Corp (ONGC), says it is in talks to buy the former assets of troubled Russian crude producer Yukos.
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Russia's Gazprom monopoly will bid for the crown jewel of the embattled Yukos oil giant during an upcoming December auction, its chief said confirming long-held market rumors.
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Russia&#39;s gas monopoly Gazprom is talking to Western banks to raise up to $10 billion to fund the purchase of the key oil unit of embattled oil major Yukos, industry sources said on Wednesday.
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Russia's state monopoly Gazprom said on  Tuesday it wanted to buy the main unit of stricken oil firm  YUKOS, effectively reclaiming a huge share of nation's oil  riches for the Kremlin.