Yukos Said to Halt Some Exports to China
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MOSCOW - 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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MOSCOW  - Beleaguered Russian oil company Yukos announced Monday that it had reduced its crude output forecast for the year as bailiffs continued to collect cash against the company's crushing back taxes bill from its frozen bank accounts.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will cut deliveries to China&#39;s biggest oil company next month after a government freeze on its bank accounts prevented it from paying railway bills.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, cut its oil production target and capital spending for this year, the first sign its struggles to meet a $3.
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Russian President Vladimir Putin has hinted at Chinese involvement in the exploitation of the confiscated assets of the Yukos chief oil producing unit, marking a shift in Moscow&#39;s traditional closed-door policy to its Asian neighbor.
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A U.S. bankruptcy court is likely to revoke its temporary ban on the sale of Russian oil group YUKOS's main production unit, lawyers said on Friday.
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Russia'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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Russia's embattled Yukos oil giant said it was slashing its oil shipments to China, suspending deliveries to the China National Petroleum Company, because of difficulty in paying for transport costs.
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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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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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Russian oil major YUKOS again warned on Thursday that it may be forced to cut output after saying that a Moscow court ruled this week that &#36;2.6 billion of company funds could be seized by the authorities.
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Russian oil major YUKOS on Monday cut  its oil output forecast for this year by 4.5 percent and said  it would slash capital expenditure by more than a third due to  its tax dispute with the state.
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China&#39;s biggest petroleum company plans to demand compensation from OAO Yukos for losses resulting from the Russian oil giant&#39;s suspension of crude shipments, state media reported Monday.
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MOSCOW : The battered Russian oil giant Yukos said a Moscow court had frozen its 34.5 percent stake in rival Sibneft, halting a reversal of their merger that would provide cash for Yukos to settle massive tax bills.
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Yukos warned yesterday that it is no longer able to pay staff wages and that oil production could stop any day. The latest problems to beset Russia&#39;s biggest oil company sent the price of crude racing ahead again on the global markets.
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MOSCOW The Russian oil giant Yukos has said that it would immediately reduce some of its rail exports of crude oil to China in what appears to be the first time that Yukos&#39;s ability to transport oil has been affected by its tax dispute with the Russian
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Russian oil major Yukos&#39; crippling tax debts finally forced a much-feared production cut on Wednesday, but its exports to Europe looked safe after it cut a barter deal with the pipeline monopoly.