Gazprom Retains Head of Oil Company
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Russia&#39;s Gazprom natural gas monopoly said Monday that the chief executive of a state oil company it is set to absorb would retain his job.
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Oil major Yukos, Russiaâs largest oil exporter, believes prosecutors want the âtotal destructionâ of the firm, but says the management board will continue to run it for as long as possible.
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The process of Gazprom, Rosneft merger will see no changes following Yuganskneftegaz acquisition by the latter. The respective decision was taken at the yesterday&#39;s sitting of Gazprom&#39;s BOD, Russia&#39;s Industry
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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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The oil wing of Russia's state-controlled natural gas giant Gazprom does not intend to pull out of this weekend's auction of the main production unit of the embattled Yukos oil company, the ITAR-Tass news agency reported Friday.
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The previously unknown company that made the winning bid for beleaguered Yukos Oil Co.&#39;s core production facility is likely to make it available to state-controlled Gazprom natural
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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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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.
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In a dramatic shift, Russia said Thursday it won&#39;t give the main asset of embattled oil giant OAO Yukos to gas company OAO Gazprom, instead using it to create a new government-owned oil company in which it will offer a minority stake to China&#39;s state
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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 transfer of the embattled Yukos oil company's key subsidiary to a state-owned buyer has caused no production hiccups, a senior Russian Cabinet member said in an interview published Monday.
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Russian natural gas monopoly Gazprom ended weeks of speculation by announcing it will bid for struggling oil company Yukos&#39;s main production unit when it goes on the auction block this month.
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On Tuesday, November 30, the Board of Directors of Russiaâs natural gas monopoly Gazprom has approved the decision to take part in the auction for the sale of 76.8 percent of shares of Yuganskneftegaz, the main production asset of embattled Yukos Oil
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Jeroen van der Veer, chief executive of Royal Dutch/ Shell, has opened the door to future deals with Gazprom, the Russian gas group, by welcoming its rapid expansion into the oil sector.
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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's largest gas producer.
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Russian gas monopoly Gazprom is to sell key oil subsidiary Gazpromneft in a move that may redraw the domestic petroleum industry.
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MOSCOW, November 1 (Itar-Tass) - Gazpromâs chief Alexei Miller has signed a document that founds the open joint stock company Gazpromneft and appoints as its director general Sergei Bogdanchikov, president of Rosneft, PRIME-TASS reported on Monday.