Yukos 'fails to halt sell-off'
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Russian oil giant Yukos has reportedly lost a court case against the sale of its main production unit.
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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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The majority owner of embattled Russian oil company Yukos threatened legal action Monday against potential suitors for its main subsidiary, which is to be auctioned off by the government next Sunday.
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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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Investors refrained from trades in Yukos as they awaited a critical court decision on whether Russia's embattled oil giant could use its contested stake in a rival company to pay off its crushing tax bill.
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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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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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Russia&#39;s Federal Property Fund said Friday it will go ahead with an auction of the embattled Yukos oil giant&#39;s major unit Yuganskneftegaz despite a US court decision to halt the sale, the Itar-Tass news agency reported.
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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 despite a U.S. bankruptcy court decision to block it for  several days.
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MOSCOW  - Russia forged ahead with the weekend auction of the core asset of crippled oil giant Yukos despite a disputed US court order barring the sale, with state-controlled gas giant Gazprom entering the bidding.
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MOSCOW - Russia said on Friday it would go ahead with an auction to sell the key asset of embattled oil company Yukos despite a US bankruptcy court decision to block it for several days.
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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 US bankruptcy court blocking the sale for 10 days, an official said on Friday.
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MOSCOW  - Russia&#39;s Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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Embattled Russian oil major YUKOS   should hear later Thursday whether a U.S. bankruptcy court will  back its last-ditch attempt to halt the sale due Sunday of its  main production unit.
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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  despite a U.S. bankruptcy court decision to block it for several days.
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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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Russia pressed ahead yesterday with controversial plans to break up the country&#39;s biggest oil company Yukos, setting a date of December 19 for an auction of its main production unit at a bargain basement starting price of $8.65bn (Â£4.88bn).