New rumours swirl in Yukos battle
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The battle between the Kremlin and Yukos takes a twist as reports hint oil firm Surgutneftegas may be the buyer of Yukos' main subsidiary.
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Russian gas giant Gazprom pushed ahead with plans to bid for the main production unit of embattled oil group Yukos, a takeover that would create a state-controlled oil and gas behemoth to rival Saudi Arabia's Aramco.
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Yukos&#39; future has been thrown into fresh doubt amid reports that Russia is planning to sell 77% of its key oil production unit by the end of November.
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American courts came into direct conflict with Russia yesterday, after Russia insisted it would push on with plans to sell off the main chunk of stricken oil giant Yukos
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Business & money: Â· Miners also accused of exaggerating reserves   Â· Fears of renewed Kremlin attack on resources sector
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Russia's economy minister German Gref is trying to halt plans for the Gazprom monopoly to bid for the main production unit of embattled Yukos, but is unlikely to succeed, analysts said.
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A planned sale of Russian energy giant Yukos&#39; main asset has become clouded by confusion over the price, the participants and the legality of the sale.
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MOSCOW  - Russia&#39;s economy minister German Gref is trying to halt plans for the Gazprom monopoly to bid for the main production unit of embattled Yukos, but is unlikely to succeed, analysts said.
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Yukos trading came to a near standstill as investors tired of endless rumours over the fate of Russia's largest oil producer and a Moscow court stuck another dagger in the heart of the wounded giant.
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MOSCOW, Feb. 5 -- Russian prosecutors have leveled new charges against imprisoned oil tycoon Mikhail Khodorkovsky and one of his partners, accusing the fallen businessmen of money laundering and embezzlement in the theft of $20 billion from Yukos, the company they ran.
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Shares in Yukos, the Russian oil group beset by difficulties, dropped sharply yesterday after reports that the authorities had launched fresh tax claims against it, totalling up to $7 billion.
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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.
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YUKOS YUKO.RTS, the Russian oil  company under siege by the Kremlin, faces a key test in its bid  to stave off destruction when a U.S. court begins hearings on  Wednesday on whether to proceed with its legal case.
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MOSCOW  - Russia&#39;s Yukos does not begin the week teetering on the edge of ruin where it has been for months now. The oil giant is flat on its back, gasping for its last breaths of air.
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Competition heated up for the foreign assets of shattered oil company OAO Yukos on Thursday, while its board chairman hinted that a mystery investor could make a last minute offer to buy the company's billion-dollar debts as bankruptcy loomed.
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Russian oil and gas company Yukos is due in a US court on Thursday as it continues to fight for its survival.
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Observers say the cases against Yukos and Mikhail Khodorkovsky are part of a two-pronged Kremlin drive aimed at clipping Khodorkovsky&#39;s wings after he funded opposition parties last year