Yukos&#39;s Theede Says Putin May Agree to Save Yugansk
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OAO Yukos Oil Co., battling to avert bankruptcy, said the Russian government may be considering ways to settle a $7.5 billion tax bill without taking over the company&#39;s biggest oil-producing unit.
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Russian President Vladimir Putin said Tuesday that a Chinese state oil company could participate in developing oilfields of the Yukos oil group&#39;s main asset sold at auction at the weekend.
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Despite reports that the beleaguered oil giant Yukos could receive yet another back tax bill in addition to the &#36;7.5 billion in claims it already faces, the company's stock rallied slightly Thursday on a new statement by President Vladimir Putin that he is not seeking the company's bankruptcy.
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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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Russia said on Friday it would go ahead  and sell Yuganskneftegaz, the main oil production unit of  YUKOS, despite a U.S. bankruptcy court order seeking to block  Sunday's auction for 10 days.
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MOSCOW A senior Russian official said Thursday that China&#39;s state oil company could be offered a 20 percent share in the giant subsidiary of Yukos that was confiscated and auctioned off in December.
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State-controlled companies have every right to bid for Yukos assets if they are sold to pay off the firm&#39;s whopping tax debt, although the government is not seeking to nationalize the company, President Vladimir Putin said Friday.
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President Vladimir Putin of Russia suggested that the secretive buyers of the largest subsidiary of the oil giant Yukos might transfer the assets to other owners.
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Russia said on Saturday it would welcome more offers for the assets of oil major YUKOS as the only declared bidder, Gazprom, inked a cooperation deal with India's state-run ONGC oil firm.
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The chairman of beleaguered Russian oil giant said the owners of the company could seek to resolve their conflict with the Kremlin by selling their stakes.
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Moscow. (Interfax) - The start price for common shares in Yukos production subsidiary OAO Yuganskneftegaz at auction may be the same as the debt owed by Yukos, a source familiar with a draft agreement between
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Russia does not aim to nationalise embattled oil giant Yukos but state firms could bid for assets of the company if they are sold to pay off the company's multi-billion-dollar tax debts, President Vladimir Putin said.
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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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MOSCOW - President Vladimir Putin delivered a tough defense Thursday of the secretive transfer of the crumbling Yukos oil empire&#39;s most lucrative fields to a state company, adding acidly that a US judge who sought to block the sale most likely couldn&#39;t
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LONDON, September 24  - Vladimir Putin has denied speculations about the government&#39;s plans to re-nationalize the beleaguered oil giant, OAO Yukos Oil Company (YUSA.
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President Vladimir Putin gave his  blessing on Friday for Russian state energy firms to bid for  oil major YUKOS's assets if bailiffs put them up for sale to  recover a huge back-tax bill.
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Gazprom is considering a recommendation from Deutsche Bank that it buy Yuganskneftegaz, Yukos&#39; main production unit, as part of a wider strategy to increase its presence in the oil sector, a company official said Monday.