China supply cutback raises stakes in Yukos standoff
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Russia's embattled Yukos oil giant raised the stakes in its bitter standoff with the Kremlin as the company slashed supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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Beijing urged Moscow to pressure embattled oil giant Yukos to honour its commitments to provide China with oil after the company said it was slashing supplies.
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Russia&#39;s Yukos oil company is suspending oil exports to the Chinese National Petroleum Corp. because it cannot afford to pay transport expenses, a news agency reported Sunday.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will lower crude-oil deliveries to China National Petroleum Corp. this month and supply no oil in October because the Russian company
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Russia's top oil exporter, YUKOS, slid  closer to collapse after a mystery buyer bought its main  production unit in a forced auction and its crude oil shipments  started to slow.
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Oil giant Yukos is halting two-thirds of its exports to China because of its financial troubles, a move which could raise oil prices.
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China emerged on Thursday as a dark  horse contender for the assets of stricken Russian oil major  YUKOS as the company's state-driven break-up took yet another  abrupt twist.
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Russia's top oil exporter, YUKOS, slid closer to collapse after a mystery buyer bought its main production unit in a forced auction and its crude oil shipments started to slow.
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Oil's rally wavered on Thursday, but  worries over the security of Nigerian supply supported prices  despite an easier U.S. crude inventory picture and news that  Russia's YUKOS would resume full supply to China.
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NEW YORK -- Oil prices broke above $46 yesterday after Russian oil giant Yukos said it would cut some oil shipments to China, the first toll on exports from the company's financial turmoil.
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Russia's gas monopoly says it may cut supplies to Ukraine if Kiev does not settle back-payments of $1.5bn.
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BEIJING  - China National Petroleum Corp. is in talks with Yukos in an effort to persuade the Russian oil supplier to renew needed shipments of crude oil, an executive of China's state-run oil giant said Monday.
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Chinese Premier Wen Jiabao left here for Kyrgyzstan and Russia a day after embattled Russian oil giant Yukos said it was slashing supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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Russian oil giant Yukos has decided to halt two-thirds of its oil exports to China, raising the stakes in its yearlong legal battle with the authorities.
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MOSCOW  - Embattled oil giant Yukos' shipments to China have been suspended until at least Oct. 20, company and government officials confirmed Thursday.
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Russia's top oil exporter YUKOS cut its  crude output forecast for 2004 on Monday due to a tax dispute  with the state, in a move analysts said was a sign that  Russia's prolific oil growth was set to slow down.
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China is interested in participating in the bidding for Yuganskneftegaz, the top oil-producing subsidiary of the Russian oil giant Yukos, a Chinese economic official was quoted as saying in a report Thursday by the Russian news agency Interfax. The ...