Update 1: Court Freezes Yukos&#39; Stake in Sibneft
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A Russian court has frozen the Yukos oil company&#39;s stake in one-time merger partner Sibneft, setting the stage for the possible confiscation of those shares by prosecutors, the business daily Vedomosti reported Wednesday.
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Fears of a management bailout at the embattled oil giant Yukos loomed large Thursday after the company&#39;s chief financial officer said he had delayed his return to Moscow indefinitely after Russian prosecutors had summoned him for questioning.
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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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A U.S. bankruptcy judge on Thursday  dealt a blow to YUKOS' YUKO.RTS bankruptcy case, ruling the  embattled Russian oil company cannot seek information about  whether oil monopoly Gazprom GAZPq.L illegally took part in  the sale of YUKOS' main oil producing unit.
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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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Russia pledged on Friday to ignore a US court order intended to block the looming auction of oil giant Yukosâ key production subsidiary, but a consortium
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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  - A Western bank consortium led by Deutsche Bank has frozen a planned credit line to Gazprom, Russia's state-controlled natural gas giant, following a U.S. bankruptcy court injunction against the sale of the Yukos oil company's main production subsidiary, the ITAR-Tass news agency reported Friday.
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MOSCOW  - Shares in the Russian oil group Yukos plunged by more than 30 percent in midday trading on the Moscow stock exchange to below a dollar per share.
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Russia's Federal Property Fund said on Friday it intended to go ahead with an auction of oil major YUKOS' main unit Yuganskneftegaz despite a U.S. court decision to freeze the state-imposed sale.
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Russian authorities have brushed aside a US court ruling seeking to halt the sale of the core asset of the embattled Yukos Oil company.
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Accounts held by Yukos have been seized and the company could be forced to halt production, the Russian oil giant warned today. A Moscow court granted a state prosecutor&#39;s request &quot;to seize
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MOSCOW/SCHLESWIG, Germany  - Russian President  Vladimir Putin threw his weight behind the controversial sale  of top oil firm YUKOS's core asset Yugansk on Tuesday despite a  threat from the stricken company to escalate its legal battle  in foreign courts.
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The main shareholder in Yukos, the Russian oil company, on Sunday threatened to sue whoever buys its main subsidiary, which the government has forced it to sell by the end of this week.
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Russia's Federal Property Fund said on  Friday it intended to go ahead with an auction of oil major  YUKOS' main unit Yuganskneftegaz despite a U.S. court decision  to freeze the state-imposed sale.
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NEW YORK, December 22  - Russiaâs gas giant, Gazprom (GAZ.FSE), said yesterday that it had sold the holding structure that took part in the sale of Yukoâs main production unit two days before the auction, in a move aimed at avoiding
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The protracted legal battle over Russian oil giant Yukos appeared to enter its final phase Friday when the government set a date to auction off a majority stake in the company&#39;s