Report: Natural resources minister predicts Yukos subsidiary ...
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Russia&#39;s natural resources minister said Friday that he thought his ministry would give the main production unit of the battered Yukos oil company a three-month warning before pulling its drilling licenses, the Interfax news agency reported.
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The Natural Resources Ministry on Friday gave Yukos a three-month stay of execution. The company has three months to rectify tax payments at its core production unit, Yuganskneftegaz, or face losing key production licenses.
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Russia's natural resources minister said Friday that he thought his ministry would give the main production unit of the battered Yukos oil company a three-month warning before pulling its drilling licenses, the Interfax news agency reported.
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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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The board chairman of OAO Yukos said the oil company's core shareholders might sell their controlling stake, a newspaper reported Tuesday.
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MOSCOW : Russia&#39;s justice ministry announced plans to sell a part of the Yukos oil giant to cover the company&#39;s outstanding back taxes, officials said.
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Moscow. (Interfax) - The assets of Yuganskneftegaz, the core production unit of Yukos sold at a December 19 auction, will be transferred to a separate, wholly state-owned company, the Russian Industry and
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Russia appears ready to sell the main asset of Yukos, the country&#39;s embattled oil company, for $4 billion, a fraction of its worth, reports say.
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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 ...
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RBC, 27.09.2004, Moscow 13:37:37.Statements made by Russian President Vladimir Putin about the situation with YUKOS gave a green light to Gazprom and Rosneft to buy the oil company&#39;s assets, Zenit Bank analyst Sergey Suverov believes.
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Managers from a secretive, Kremlin-loyal oil company represented the mystery buyer of the beleaguered Yukos oil giant's core subsidiary, two Russian newspapers reported Tuesday.
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MOSCOW  - The planned sale of Russian 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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The Russian government said on Tuesday that it would sell part of the oil giant Yukos&#39;s most valuable subsidiary by the end of November, but at a price well below what investors and analysts consider its worth.
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MOSCOW  - China's biggest oil and gas producer could be offered a 20 per cent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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Beleaguered Russian energy giant Yukos has warned that it will not produce as much oil as expected this year. It blames bailiffs who are draining its bank accounts to pay its potentially ruinous tax bill.
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Russia will file a claim to the gigantic mineral wealth of the Arctic seabed with the United Nations by the end of the year, Russia's natural resources minister was quoted as saying on Tuesday.
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Reuters reported Thursday that Russian officials confirmed that Houston-based oil giant ConocoPhillips is interested in taking a $2 billion stake in Russian oil major LUKOIL.