Yukos plunges on fears of asset sales
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Talk intensifies that oil company will sell its key Siberian unit for low price to pay back taxes. MOSCOW  - Shares of Russian oil company Yukos fell Monday as fears intensified that the firm&#39;s key
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US officials have expressed concern about the fate of Yukos, the Russian oil company. Yukos shares have dropped sharply in value since the Russian government demanded it pay nearly three and a half billion dollars in back taxes. Russian authorities accuse ...
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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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Russia&#39;s embattled Yukos oil giant raised the stakes in its bitter standoff with the Kremlin as the company slashed supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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Russian oil giant Yukos teetered nearer to collapse as the company said its shareholders would vote on whether the company should file for bankruptcy or liquidation next month.
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Embattled Russian oil giant Yukos cut its 2004 oil production target from 90 million tonnes to 86 million tonnes, saying its inability to access its frozen accounts had forced the firm to reduce operating costs.
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LONDON, September 20  - Russian oil giant, OAO Yukos Oil Company (YUSA.FSE), has partly suspended its rail shipments to China, leading to increased supply disruption risks in the global oil market.
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The Russian oil giant Yukos said on Sunday that it would immediately reduce some of its rail exports of crude oil to China. It appears to be the first time that Yukos&#39;s
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Description: Yukos Oil&#39;s main asset is sold at auction to a little-known firm, the Baikal Finance Group. A US State Department spokesman says the Russian company&#39;s breakup has &quot;eroded Russia&#39;s reputation as
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MOSCOW : A top Western bank asked to value Yukos&#39;s core asset said the Russian government chose the lowest price possible for a planned sale of the oil giant&#39;s crown jewel in a move that has shaken investors.
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MOSCOW Sept. 27, 2004 - Assets of Russia&#39;s beleaguered Yukos oil company should be sold for at least $15 billion, a senior official said Monday, as the company&#39;s main production unit is evaluated for sale against a crushing back-tax bill.
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Yukos has lost its main asset, Yuganskneftegaz, sold in an auction held by the Russian Fund of Federal Property, for $9.35 billion.
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Russian oil company Yukos drops the threat of legal action against five banks it had accused of involvement in the sale of its key Yugansk unit.
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MOSCOW  - Assets of Russia's beleaguered Yukos oil company should be sold for at least &#36;15 billion US, a senior official said Monday, as the company's main production unit is evaluated for sale against a crushing back-tax bill.
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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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MOSCOW, DECEMBER 20: Russia Left Yukos and its investors guessing as to its next move on Monday after selling its main oil production unit to Baikal Finance Group, a mystery firm registered at a grocery in provincial Russia.
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YUKOS and its investors were left guessing as to Russia's next move Monday after its main oil production unit was sold off to Baikal Finance Group, a mystery firm registered in a provincial city.