YUKOS Calls Meeting to Mull Bankruptcy
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Oil major YUKOS will hold a shareholders meeting on Dec. 20 to consider whether to file for bankruptcy or liquidate the firm after it was hit with huge
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Embattled Russian oil giant Yukos has launched bankruptcy proceedings in a Houston, Texas court, the company has said. Claire Davidson, a spokeswoman for the company in London, did
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A Russian court on Tuesday was to consider the beleaguered Yukos oil company&#39;s appeal to suspend government efforts to collect $3.4 billion in back taxes - a massive bill that has put Russia&#39;s largest oil producer on the verge of ruin.
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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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Washington - US bankruptcy law, invoked by Russian oil group Yukos on Wednesday, allows a company in financial difficulties to continue functioning while it seeks an agreement with creditors.
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Russian oil giant Yukos files for bankruptcy protection in the US in a last ditch effort to stop the Kremlin auctioning its main production unit.
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Stricken Russian oil firm YUKOS may ask  a U.S. judge on Wednesday to find Gazprom in breach of a court  order for participating in the weekend sale of YUKOS's core  asset, which could expose the state gas giant to asset  seizures.
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YUKOS shareholders gave warning yesterday that the oil giantâs attempt to seek bankruptcy protection in the US was unlikely to prevent the Russian Government-ordered
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Competition heated up for the foreign assets of shattered oil company OAO Yukos on Thursday, while its board chairman hinted that a mystery investor could make a last minute offer to buy the company's billion-dollar debts as bankruptcy loomed.
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The Russian oil giant Yukos said on Friday that management was putting together an emergency plan to continue running the company for a few months, even after the auction of its prize asset next month.
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Oil major YUKOS will hold a shareholders meeting on Dec. 20 to decide whether to file for bankruptcy or liquidate the firm after it was hit with huge new
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The floundering Russian oil giant Yukos filed for Chapter 11 bankruptcy protection in Houston Wednesday in an effort to stop the Russian government from selling its core production unit at an auction this weekend. Analysts predicted the move would have no real impact on the planned sale.
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YUKOS oil company announced December 15 it has filed for bankruptcy protection today. Please see the company&#39;s statement below.
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Russian oil major YUKOS said on Wednesday it had filed for bankruptcy protection in a US court and would seek an order from the court to halt the Dec. 19 sale by the Russian state of its main oil unit.
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MOSCOW - Embattled Russian oil giant Yukos filed for bankruptcy protection in a US court in a last-ditch bid to avert auction of its core production unit.
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The Yukos oil company has filed for bankruptcy in the United States and appealed for a temporary restraining order against the auction of its main production unit that is scheduled for Sunday &#151; dramatically challenging the Russian government to enter arbitration proceedings.
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The Russian government aims to bankrupt oil giant Yukos and seize its main assets for the state, its chairman Viktor Gerashchenko said in a newspaper interview published.