Russia to decide TNK-BP&#39;s Kovykta fate on Friday
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BP Plc&#39;s Russian venture is likely to  lose its license for the giant Kovykta gas field on Friday,  although Moscow could postpone the tough action until after the  G8 Summit and its landmark economic forum.
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The Russian government says it may withdraw British oil major BP's licence to exploit the giant Kovytka gas field.
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Russia will forge ahead with an auction on Sunday to sell the key asset of stricken oil company YUKOS despite an order from a US bankruptcy court blocking the sale for 10 days, an official said on Friday.
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NEW YORK/HOUSTON  - Russian oil company YUKOS will  go before a U.S. bankruptcy judge on Thursday, seeking to keep  alive its claims to the empire now dismantled by Moscow in the  ongoing tax dispute there.
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Russia said on Friday it would go ahead  with an auction to sell the key asset of embattled oil company  YUKOS despite a U.S. bankruptcy court decision to block it for  several days.
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MOSCOW The stakes are high in the much-publicized feud between the Kremlin and the Russian oil giant Yukos - so high that the outcome of that battle will shape how the country&#39;s energy industry grows in 2005 and beyond.
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HAMISH ROBERTSON: But first to Moscow where the future of Russia&#39;s largest oil company, Yukos, isn&#39;t looking too bright this weekend.
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Russia's parliament is expected to vote overwhelmingly on Friday to approve President Vladimir Putin's nominee for prime minister, political unknown Viktor Zubkov.
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Russia said it would deliver a response  on Tuesday to Britain&#39;s decision to expel four of its  diplomats, amid signs that it will not allow the diplomatic row  to affect booming economic ties.
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A US court  will rule on whether to block the forced auction of Yukos assets on Thursday,  the company says.
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The executive board of Russian gas monopoly Gazprom may discuss making a bid for the main production unit of oil major YUKOS at a meeting today, a Gazprom source says.
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Russia moved ahead Friday with plans to break up the country&#39;s largest oil producer, announcing it would auction off a majority stake in the main production unit of oil giant OAO Yukos next month.
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MOSCOW: Embattled Russian oil major Yukos should hear later today whether a United States bankruptcy court will back its last-ditch attempt to halt the sale due on Sunday of its main production unit.
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Russian authorities meet to decide whether to withdraw a licence for BP's joint venture in the Kovykta gas field in East Siberia.
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Ukraine's Supreme Court is expected to rule on Friday on whether to overturn the result of a disputed presidential election that has plunged the country into turmoil and generated distrust between Russia and the West.
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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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Russia pressed ahead yesterday with controversial plans to break up the country&#39;s biggest oil company Yukos, setting a date of December 19 for an auction of its main production unit at a bargain basement starting price of $8.65bn (Â£4.88bn).