Putin&#39;s real intent surfaces in seizing of Yukos unit
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Creating false appearances to cloak an undesirable reality is a fine tradition of Russian governance. The Russians invented the original Potemkin villages, elaborate fake settlements constructed by a Russian
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LONDON (CBS.MW) -- Russian President Vladmir Putin told a group of media executives &quot;the state&#39;s goal has not been, is not and will not be&quot; to nationalize the country&#39;s emabattled oil giant Yukos (YUKOY) , AFX News reported, though said that state firms
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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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President Vladimir Putin affirmed the legality of the &#36;9.3 billion sale of the crown jewel of the Yukos oil empire to a mysterious company, suggesting Tuesday that the subsidiary's new owners could eventually link up with another Russian energy company &#151; or even a Chinese conglomerate.
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MOSCOW - President Vladimir Putin delivered a tough defense Thursday of the secretive transfer of the crumbling Yukos oil empire&#39;s most lucrative fields to a state company, adding acidly that a US judge who sought to block the sale most likely couldn&#39;t
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President Vladimir Putin during a meeting with Energy Minister Victor hristenko earlier this month. Analysts suggest that the governmentâs action in humbling Yukos and its owner, Mikhail hodorkovsky, is
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President Vladimir Putin on Thursday strongly defended the purchase of Yukos oil assets by a state-owned company, saying the state was protecting its interests in moving to get control of the one of the biggest production facilities in Russia.
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The last week was marked with a very important event in Russia. It took the state a year to accomplish that: President Putin virtually acknowledged at the press conference in the Kremlin that the main objective
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Russia has pressed ahead with the last step in the break-up of oil major YUKOS, saying it will auction its main unit for $8.65 billion.
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The mysterious auctioning off of part of Russia's Yukos oil giant dominates many editorials today. Some papers even point the finger at Russia's President Vladimir Putin.
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Description: Russian officials make it clear they plan to proceed with an auction of oil company Yukos&#39; main production unit, despite a restraining order from a US court.
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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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During a meeting in the Kremlin with Iraqi Prime Minister Iyad Allawi, Russian President Vladimir Putin has expressed hope that &quot;the interests of Russian companies will be heeded both by the present Iraqi leadership and by the future government of Iraq
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MOSCOW A top economic adviser to Russian President Vladimir Putin yesterday slammed the state&#39;s takeover of oil giant Yukos&#39; main asset as the &quot;swindle of the year&quot;.
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As YUKOS contemplates a staggering $17.5 billion tax bill, the spectre of bankruptcy has never seemed closer for Russia&#39;s biggest oil company.
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The US ruling to block the sale of the mainproduction asset of Yukos injected fresh intrigue into the demise of Russia&#39;s largest oil company.
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The nationalisation of Russian oil major YUKOS&#39;s main unit has cast doubt over the timing of plans to create a huge state energy holding and liberalise trade in the shares of gas monopoly Gazprom, analysts said on Friday.