Russia to sell part of Yukos&#39;s core asset
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MOSCOW : Russia announced plans to break up Yukos in a crippling blow to Russia&#39;s largest oil producer and its billionaire founder who dared to challenge President Vladimir Putin&#39;s rule.
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Moscow. (Interfax-China) - The assets of Yuganskneftegaz, the core production unit of Yukos sold at an auction on December 19, will be transferred to a separate, wholly state-owned company, the Russian Industry
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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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Russia set a date for the auction of Yukos's main unit in a move that will pluck the embattled firm's crown jewel and effectively destroy what last year was considered the nation's best-run oil company.
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Description: The Russian government announces the sale of many of the most valuable portions of the oil company Yukos, the firm built by embattled tycoon Mikhail Khodorkovsky.
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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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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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Russia oil company YUKOS assets may be sold partially by the Russian Justice Ministry in order to cover its outstanding tax bill. The selling-off will probably touch YUKOS main oil subsidiary Yuganskneftegaz.
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Russian tax authorities yesterday scheduled the equivalent of a fire sale at what was once the nation&#39;s largest oil company, offering the main production facility at Yukos Oil
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RBC, 30.11.2004, Moscow 12:09:36.Gazpromneft will take part in an auction on selling YUKOS&#39; oil producing subsidiary Yuganskneftegaz.
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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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The Russian Justice Ministry will sell part of the Yukos oil company&#39;s assets to cover its back taxes,the Interfax news agency reported Tuesday.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country's notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season's greetings to the Kremlin from his courtroom cage.
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Russia is pressing ahead with the last step in the destruction of YUKOS, saying it will auction the oil major&#39;s main Siberian unit on December 19 for $8.65 billion (4.66
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Russia sets a date and price for the auction of embattled Russian oil giant Yukos' main unit, as it seeks payment of a massive tax bill.
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Russia completed the dismantling of Yukos Oil today, selling off the country's largest oil subsidiary to a company that was essentially unheard of until three days ago.
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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