Kremlin Reasserts Hold on Russia's Oil and Gas
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A judge in Houston tried to temporarily halt Russia's planned auction of the most profitable unit of oil giant Yukos.
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When the Russian government&#39;s 7.6 per cent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - is auctioned Wednesday in the country&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.
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Russian President Vladimir Putin has defended the acquisition of Yuganskneftegaz, core asset of embattled oil major Yukos by the state-run Rosneft, saying that the state was protecting its interests in moving to get control of one of the biggest
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A little-known group bought the main production unit of Russia's largest oil producer for $9.3 billion on Sunday, gaining control of one of Russia's most prized assets for half of what foreign auditors say it is worth.
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Russia is seeking to re-establish its grip on ex-communist countries in Central Europe through its near monopoly on oil and gas, a former Polish chief spy says.
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Konstantin Grigorishin, owner of Energetichesky Standart, the Ukrainian partner of Russia's Unified Energy Systems, is seeking to regain control over his Ukraine-based assets from allies of outgoing President ...
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Russia looks ready to sell the key production unit of beleaguered oil group YUKOS on Sunday and put it back in state hands after almost a decade under private management.
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President Vladimir V. Putin on Thursday strongly defended Russia&#39;s takeover of the main subsidiary of the Yukos oil company by a state oil company.
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Russia&#39;s state-owned Gazprom may complete takeovers next month that will give it almost one-fifth of the nation&#39;s oil output, worth more than $20 billion this year.
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Russian gas monopoly Gazprom is to sell key oil subsidiary Gazpromneft in a move that may redraw the domestic petroleum industry.
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A Russian plan to re-route a significant amount of natural gas from a huge new field originally intended for the US market to Europe is a political move linked to deteriorating US-Russian relations, analysts have said.
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MOSCOW  - China's biggest oil and gas producer could be offered a 20 per cent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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MOSCOW, December 19 - Russia completed the dismantling of Yukos Oil today, selling off the country&#39;s largest oil subsidiary to a company that was essentially unheard of until three days ago.
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The Russian Justice Ministry has completed an assessment of the Yukos oil company and will sell off some of the company's assets, the ministry said in a statement Tuesday carried by the Interfax news agency.
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Directors at Gazprom, the largest natural gas company in the world, approved the creation of an oil holding company Friday, setting the stage for the creation of a state-controlled oil and gas giant and cementing the Russian government's influence in the politically important oil sector.
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President Vladimir Putin gave his blessing on Friday for Russian state energy firms to bid for oil major Yukos&#39;s assets if bailiffs put them up for sale to recover a huge back-tax bill.
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China lent Russia &#36;6 billion to help the Kremlin renationalize the key unit of oil major YUKOS, officials said on Tuesday, underpinning oil-hungry Beijing's efforts to tap into Russia's huge energy business.