Russia&#39;s Rosneft Buys Winning Bidder for Yukos Unit, IFX Says
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OAO Rosneft, Russia&#39;s state-owned oil company, bought the winning bidder for the confiscated unit of OAO Yukos Oil Co., Russia&#39;s largest petroleum exporter, Interfax reported, citing an unnamed Rosneft official.
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A little known company has bought the main production asset of embattled Russian oil company Yukos, paying 260.75 billion rubles, or $9.35 billion, at auction.
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Battered Russian oil major YUKOS  YUKO.RTS said on Friday that Russian state oil firm Rosneft's  assumption of control over key unit Yuganskneftegaz was  tantamount to an "illegal seizure" of its asset.
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The Russian government has approved a plan for the merger of Gazprom_ Russia's largest company_and the state-owned Rosneft oil company, a news agency reported Thursday.
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MOSCOW : Russia moved to bolster its role in the strategic energy sector as gas giant Gazprom said it would acquire state oil firm Rosneft, handing the government control of the world&#39;s largest gas producer.
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Russia's anti-trust body said on  Saturday it had approved the state oil firm Rosneft's purchase  on Thursday of the obscure buyer of the key production unit of  beleaguered YUKOS oil company.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos' most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas giant Gazprom.
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The Russian natural gas company Gazprom on Tuesday said it would buy one of the country&#39;s top oil companies, a move that would create a state-owned energy juggernaut.
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A little known company has bought the main production unit of embattled Russian oil company Yukos, for around USD9.35bn. Little is known about the auction winner Baikalfinansgroup - named after a Siberian
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Russia's president Vladimir Putin says the purchase of Yukos' main asset by state-owned oil group Rosneft was done in accordance with free market principles.
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Russian press reports say oil company Surgutneftegaz is the mystery purchaser of the main assets of Russia&#39;s Yukos empire, which was auctioned for $9.35 billion to a shell company at the weekend.
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State-controlled oil company Rosneft insisted Thursday that it had no specific bids from an Indian company for a 15 percent stake in a production unit that belonged to Yukos until it was auctioned by the government.
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Russia's United Company RUSAL said on Friday it would go ahead with the purchase of a stake of 25 percent plus one share in Norilsk Nickel  from Mikhail Prokhorov's Onexim Group.
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Russia&#39;s state-controlled gas giant Gazprom approved a plan to bid for Yukos&#39; core production unit Wednesday amid reports that the company was negotiating to secure a euro10 billion (US$13 billion) loan from a group of Western banks to support its offer.
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Russian state oil firm Rosneft moved on Friday to take control of stricken oil major YUKOS's key unit, Yuganskneftegaz, bought at a controversial auction which YUKOS is challenging in the U.S. courts.
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MOSCOW: Russia forged ahead yesterday with the weekend auction of the core asset of crippled oil giant Yukos despite a US court order barring the sale, as the state-controlled gas monolith Gazprom entered the bidding.
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The state-owned oil company Rosneft has acquired the unknown front company that won a controversial auction Sunday for a major production unit of the besieged oil giant Yukos.