Identity of Yukos Buyer Remains a Mystery
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Analysts around the capital sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.
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Yukos'  future is thrown into fresh doubt amid reports that Russia is planning to sell 77% of its key oil production unit for $4bn by the end of November.
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RBC, 13.10.2004, Moscow 14:13:45.A new company may be created so that it will take part in the auction for selling YUKOS&#39; major oil producing subsidiary Yuganskneftegaz.
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Battered Russian oil major YUKOS  YUKO.RTS said on Friday that Russian state oil firm Rosneft's  assumption of control over key unit Yuganskneftegaz was  tantamount to an "illegal seizure" of its asset.
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Yukos&#39; future has been thrown into fresh doubt amid reports that Russia is planning to sell 77% of its key oil production unit by the end of November.
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Competition heated up for the foreign assets of shattered oil company OAO Yukos on Thursday, while its board chairman hinted that a mystery investor could make a last minute offer to buy the company's billion-dollar debts as bankruptcy loomed.
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Top Russian oil exporter YUKOS  threatened to escalate its legal battle abroad on Tuesday as  the mystery surrounding the buyer of its core asset began to  lift with newspapers linking it to Russia's No. 4 oil firm,  Surgutneftegaz.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos' most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas giant Gazprom.
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A mysterious investment group formed just last month bought a majority stake in the core production unit of the Russian oil giant Yukos Oil Co. for $9.3 billion Sunday at a Moscow auction.
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Russia will forge ahead with an auction  on Sunday to sell the key asset of stricken oil company YUKOS  despite an order from a U.S. bankruptcy court blocking the sale  for 10 days, an official said on Friday.
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Russia won an incremental victory in the legal struggle for what remains of the foreign subsidiaries of Yukos. A Dutch court approved a request by the Russian bankruptcy administrator, Eduard K. Rebgun, to represent Yukos in court in the Netherlands. While most of Yukosâs assets have been unraveled and sold at auction, a company bank account in the Netherlands holding about $1 billion from the sale of a Lithuanian refinery is still in dispute. A Dutch court has yet to rule on Mr. Rebgunâs claim to the property, according to a statement by Yukos shareholders. The money is also claimed by Yukos shareholders and creditors.
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Russia&#39;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 acknowledged on Monday that its crude shipments were slowing.
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News had just broken that the country&#39;s top oil producer, Yukos, had fallen to an the obscure company. His man on the spot seemed just as mystified.
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The Russian government yesterday night appeared to be preparing to sell the main asset of Yukos, the countryâs embattled oil company, for as little as $4 billion - a fraction of its fair value â-n a move analysts branded as âdaylight robbery
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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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Top Russian oil exporter YUKOS  threatened to escalate its legal battle abroad Tuesday as the  mystery surrounding the buyer of its core asset began to lift  with newspapers linking it to Russia's No. 4 oil firm,  Surgutneftegaz.
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Speculation over the possible sale of Latvia's strategic oil port to a Russian investor has picked up in recent weeks, with several analysts guessing the likely identity of the buyer.