Mystery buyer wins Yukos oil auction
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A mystery company has bought the main production arm of the Russian oil giant Yukos. Baikal Finance Group has paid the equivalent of USD9.3bn for the production operation Yuganskneftegas at an auction.
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MOSCOW, Russia -- The sale of embattled Russian oil company Yukos to a little known bidder has been called a scandal by some observers and led to speculation the government may make a grabbed for its assets.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS YUKO.MM despite a U.S. bankruptcy court decision to  block it for several days.
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The US oil giant ConocoPhillips on Wednesday won an auction to purchase state-held stake of Russia&#39;s second largest oil producer Lukoil.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country&#39;s notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season&#39;s greetings to the Kremlin from his courtroom
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MOSCOW  - Russia's little-known BaikalFinansGroup bought the core production unit of oil giant Yukos at auction for &#36;9.3 billion US on Sunday, gaining control of one of Russia's most prized oil assets.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country's notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season's greetings to the Kremlin from his courtroom cage.
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Russia's top oil exporter, YUKOS , slid  closer to collapse after it lost its main production unit to a  mystery buyer in a forced auction and its crude shipments  started to slow.
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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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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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An oil company controlled by the Russian government, Rosneft, said it had bought the company that had won Sundayâs auction for the largest arm of oil giant Yukos.
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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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Russia&#39;s state owned oil firm Rosneft has bought the mystery winner of Yukos&#39; prize production unit in a move that nationalises 11% of the country&#39;s oil output even as a legal battle rages in America over the sale.
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MOSCOW: Russia has said it would go ahead and sell Yuganskneftegaz, the main oil production unit of YUKOS, despite a US bankruptcy court order that seeks to halt Sundayâs auction for at least 10 days.
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An oil company controlled by the Russian government, Rosneft, said yesterday that it had bought the company that had won Sunday&#39;s auction for the largest subsidiary of the oil giant Yukos.
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Russia's top oil exporter, YUKOS, slid  closer to collapse after it lost its main production unit to a  mystery buyer in a forced auction and its crude shipments  started to slow.
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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.