Putin claims the right to re-nationalise Yukos
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The Russian president on Thursday hit out at the flawed privatisations of the early 1990s and argued that the state had every right to make amends by re-nationalising Yukos&#39;s core assets.
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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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VLADIMIR Putin, the Russian president, yesterday used his end-of-year press conference to accuse western states of attempting to isolate and destabilise his country.
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President Vladimir Putin said on Friday Russian state firms should be allowed to buy assets of oil major YUKOS (YUKO.RTS: Quote, Profile, Research) if they are put up for sale to cover the firm&#39;s huge back tax bill.
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Russian state oil firm Rosneft has bought the core unit of Yukos, nationalizing more than 10 percent of the country&#39;s crude output and dealing a shattering blow to a once flourishing private enterprise.
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President Vladimir Putin announced radical changes to Russia&#39;s democratic institutions yesterday that will give the Kremlin greater power than at any time since the fall of the Soviet Union.
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Russia does not aim to nationalise embattled oil giant Yukos but state firms could bid for assets of the company if they are sold to pay off the company's multi-billion-dollar tax debts, President Vladimir Putin said.
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President Vladimir Putin outlined plans Monday to &quot;radically&quot; change the Russian political system in a way that would increase his own power, portraying the moves as
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Russian President Vladimir Putin throws a question mark over the future of Yukos, saying state-owned companies should be allowed to buy the oil firm's assets.
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NEW DELHI, 5 December 2004 - Russian President Vladimir Putin clarified his stand yesterday on Moscow favoring Indiaâs membership of the UN Security Council.
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Russian President Vladimir Putin is winning support for his plan to ease restrictions on foreign ownership of OAO Gazprom, the nation&#39;s largest gas producer.
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Russian president Vladimir Putin has backed plans to end restrictions on the foreign ownership of shares in Russian energy giant Gazprom.
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The core shareholder group of the Russian oil company Yukos has launched legal proceedings against the Kremlin under the international energy charter and says it will sue the company that wins its main production unit at auction next month, in a last
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President Vladimir Putin has claimed Sochi's victory in the race to host the 2014 Winter Olympics as an international endorsement of Russia's economic resurgence.
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MOSCOW : Russia does not aim to nationalise embattled oil giant Yukos but state firms could bid for assets of the company if they are sold to pay off the company&#39;s multi-billion-dollar tax debts, President Vladimir Putin said.
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CHELYABINSK, Russia  - President Vladimir Putin's chosen successor, Dmitry Medvedev, dismissed fears on Thursday that the Kremlin would nationalize Russia's economy and said the state would not "grab everything for itself".
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Russia's liberal economy minister joined a growing backlash against the effective re-nationalization of the country's top oil exporter Yukos and argued that state energy companies should be privatized.