Yukos Appeal of Tax Claim Is Postponed
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The Yukos oil company's appeal of its crushing 2000 back-taxes bill was put off until next month, the Interfax news agency reported Tuesday.
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A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant's core subsidiaries.
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Moscow. (Interfax) - Yukos&#39;s key production unit Yuganskneftegaz for now will not be able to fulfill the Natural Resources Ministry&#39;s claim and repay its debt on the mineral resources extraction tax, Yukos CEO Steven Michael Theede told Interfax.
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On Monday, November 1, the Russian Tax Ministry presented embattled Yukos Oil Company with additional tax claims worth $10 billion, bringing the oil companyâs total tax bill to $17.
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A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant&#39;s core subsidiaries.
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Russia&#39;s Natural Resources Ministry has postponed consideration of whether to suspend the licenses of the main subsidiary of the troubled giant oil firm Yukos.
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NEW YORK/HOUSTON  - Russian oil company YUKOS will  go before a U.S. bankruptcy judge on Thursday, seeking to keep  alive its claims to the empire now dismantled by Moscow in the  ongoing tax dispute there.
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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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Oil firm YUKOS will continue to fight  against the Russian government in the courts to regain its  property whatever the outcome of a U.S. bankruptcy hearing this  week, a YUKOS executive said on Tuesday.
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Shares in the beleaguered Russian oil company Yukos fell Monday following a report that tax officials are preparing a separate &#36;3 billion tax claim against its main subsidiary.
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The Russian government delays a decision on whether to revoke Yukos' Siberian oil licences by three months.
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Yukos will on Thursday seek an injunction from a US court in a last-gasp bid to block the forced auction of its main operating unit by the Russian government on Sunday.
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Representatives of the loser of Ukraine's presidential election said Wednesday that they would delay filing complaints challenging Viktor Yushchenko's victory because the hundreds of volumes of documents were not yet ready.
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Russian oil major YUKOS has filed for bankruptcy protection in a US court and will seek an injunction to stop Russia from auctioning off its main production unit on Dec. 19, it said on Wednesday.
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A Moscow court on Tuesday delayed a hearing into a $22.5 billion lawsuit by Russia's federal customs service against Bank of New York to November after the plaintiffs asked the Foreign Ministry to intervene.
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Russia pressed ahead on Friday with the  last step in the destruction of oil major YUKOS, saying it will  auction its main Siberian unit on Dec. 19 for $8.65 billion and  hit it with a new tax claim.
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Beleaguered Russian oil giant Yukos on Monday faces a court-imposed deadline to pay a multi-billion dollar tax bill.