Russia's oil company Surgutneftegaz may bid for Yukos assets
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MOSCOW  - Cash-flush Surgutneftegaz, Russia's fourth-largest oil company by production and reserves, might consider buying the core production unit of embattled oil giant Yukos, the company's deputy chief said Tuesday.
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Russian gas giant Gazprom is to bid in the government's $8.65bn sale of a key stake in stricken oil firm Yukos.
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China's state-owned oil company may get a 20% stake in Yukos' former oil production unit, a Russian minister says.
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Two little-known firms will join Russia gas monopoly Gazprom in the auction for the key unit of stricken oil giant Yukos, federal authorities say.
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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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India's biggest oil exploration firm, Oil & Natural Gas Corp., says it is in talks to buy the former assets of troubled oil producer Yukos.
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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.
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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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Russia&#39;s gas monopoly Gazprom is talking to Western banks to raise up to $10 billion to fund the purchase of the key oil unit of embattled oil major Yukos, industry sources said on Wednesday.
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Assets of Russia&#39;s beleaguered Yukos oil company should fetch at least $15 billion, a senior official said Monday, as the company&#39;s main production unit is evaluated for sale to offset a crushing back-tax bill.
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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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Russia prepares for the forced auction of a prize oil asset - the main production unit of beleaguered oil giant Yukos.
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Foreign investors may be allowed to bid for the main assets of Russian oil major Yukos, Russia&#39;s privatization agency said Monday, amid speculation about a fire sale to settle Yukos&#39; back taxes.
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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 which seeks to  halt Sunday's auction for at least 10 days.
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Russia may auction 76.8 percent of the capital of Yukos&#39; major subsidiary of Yuganskneftegaz by the end of this month to cover the oil giant&#39;s multi-billion-dollar back taxes bill, Interfax news agency reported Thursday.
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Gazpromâs oil arm Gazpromneft is set to take part in the auction for Yuganskneftegaz, Yukosâ main production unit, despite a ruling by a US bankruptcy court to halt the sale for 10 days.
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Russia said it would welcome Indian and other companies bidding for the assets of Russian oil giant Yukos, the country's biggest oil exporter, due to be sold off later this month.