Yukos cuts its production forecast
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Beleaguered Russian oil company Yukos said yesterday that it had reduced its crude output forecast for the year as bailiffs continued to collect cash against
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The Russian oil giant Yukos said Monday that its crude oil production would be 4.5 percent less than expected for 2004, the first time the company&#39;s conflict with the
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MOSCOW Yukos said Monday that it would reduce crude oil output by 4.5 percent for 2004, the first time it has given a concrete estimate of the damage its conflict with the Russian government is doing to oil production.
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MOSCOW  - The planned sale of Russian oil giant Yukos' main pumping unit to pay off the parent company's back taxes won't affect production, Russia's energy minister was quoted Tuesday in news reports.
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The board of Russia&#39;s embattled oil giant Yukos will halt crude supplies to Baltic refinery Mazeikiu Nafta until the end of the year, the Interfax agency reported Monday - just hours after Yukos confirmed a similar move involving a Chinese company.
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MOSCOW, NOVEMBER 19: Russia pressed ahead on Friday with the last step in the destruction of embattled oil major Yukos, saying it will auction its main Siberian unit on December 19 at a starting price of $8.65 billion.
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The Russian oil giant Yukos said on Sunday that it would immediately reduce some of its rail exports of crude oil to China. It appears to be the first time that Yukos&#39;s
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Oil giant Yukos is halting two-thirds of its exports to China because of its financial troubles, a move which could raise oil prices.
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MOSCOW - The top management of oil major Yukos has left Russia fearing arrest under a Kremlin drive to &quot;decapitate&quot; the country&#39;s largest oil exporting company, a Yukos source said on Thursday.
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Russia was set to rip the heart out of  its biggest oil producer, YUKOS, on Sunday, with the auctioning  off of its core unit to meet tax bills in a move which will  boost the Kremlin's control of the nation's oil.
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OAO Yukos Oil Co., Russia&#39;s biggest oil exporter, will lower crude-oil deliveries to China National Petroleum Corp. this month and supply no oil in October because the Russian company
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Russian oil producer Yukos is cutting back its production and slashing its expenditure, as the company battles for survival.
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Embattled Russian oil company warns that it may scale back oil output after more funds seized. MOSCOW  - Russian oil major Yukos again warned on Thursday that it may be forced to cut output after
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Russia's top oil exporter, YUKOS, slid  closer to collapse after a mystery buyer bought its main  production unit in a forced auction and its crude oil shipments  started to slow.
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Russian oil company Yukos's crippling tax debts finally forced a much-feared production cut yesterday, but its exports to Europe looked safe after it made a barter deal with the pipeline monopoly.
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Russia&#39;s Yukos oil company is suspending oil exports to the Chinese National Petroleum Corp. because it cannot afford to pay transport expenses, a news agency reported Sunday.
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The CEO of the shattered Russian oil giant Yukos said Tuesday that the company is pushing ahead with a strategy for its remaining divisions but will be cutting jobs following the government's seizure and auction of its main production subsidiary.