Gas giant Gazprom gets go-ahead for Yukos bid
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Russian gas giant Gazprom pushed ahead with plans to bid for the main production unit of embattled oil group Yukos, a takeover that would create a state-controlled oil and gas behemoth to rival Saudi Arabia's Aramco.
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The oil wing of Russia's state-controlled natural gas giant Gazprom does not intend to pull out of this weekend's auction of the main production unit of the embattled Yukos oil company, the ITAR-Tass news agency reported Friday.
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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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Russian gas firm Gazprom is aiming to grab a greater share of the UK market.
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MOSCOW  - Russia&#39;s economy minister German Gref is trying to halt plans for the Gazprom monopoly to bid for the main production unit of embattled Yukos, but is unlikely to succeed, analysts said.
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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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Russia&#39;s state-owned Gazprom monopoly has announced it will bid for Yukos&#39;s main oil production unit, which is being auctioned off by the government.
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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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MOSCOW Gazprom, the leading Russian gas company, said Tuesday that it would buy one of the country&#39;s largest oil producers, a move that forms a state-controlled energy juggernaut and signals the first step toward ending a ban on foreign ownership of
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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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The nascent petroleum division of natural gas giant Gazprom will bid for the crown jewels of the battered Yukos oil empire, its chief said yesterday -- a move that could put the heart of the company jailed billionaire Mikhail Khodorkovsky created in Kremlin-friendly hands.
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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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Gazprom, Russia's gas monopoly, says it will bid in the $8.65bn government sale of the main production arm of embattled oil firm Yukos.
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Russia&#39;s state-controlled gas monopoly, Gazprom, announced today that it is planning to bid for the main production facility of troubled oil company Yukos.
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The Russian natural gas company Gazprom on Tuesday said it would buy one of the country&#39;s top oil companies, a move that would create a state-owned energy juggernaut.
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Russia's economy minister German Gref is trying to halt plans for the Gazprom monopoly to bid for the main production unit of embattled Yukos, but is unlikely to succeed, analysts said.
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The state oil company Zarubezhneft announced Wednesday it would most likely be folded into natural gas monopoly Gazprom, a move that lays the foundation for a state-controlled energy giant and increases foreign investors' access to its shares.