Yukos top managers leave Russia fearing arrest
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MOSCOW - The top management of oil major Yukos has left Russia fearing arrest under a Kremlin drive to &quot;decapitate&quot; the country&#39;s largest oil exporting company, a Yukos source said on Thursday.
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Moscow - Russia&#39;s justice ministry announced plans Tuesday to break up the Yukos oil giant in a fatal blow to Russia&#39;s largest oil producer and its former Western investor darling who once dared challenge President Vladimir Putin&#39;s rule.
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The flight to London of CE Steven Theede and chief financial officer Bruce Misamore leaves Yukos rudderless as it faces ruin under a $25bn back tax demand.
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The American chief executive of Yukos, the embattled oil producer whose top executives left Russia a week ago because they feared government prosecution, said yesterday that he &quot;fully intends
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THE refugee directors of Yukos, the embattled Russian oil group, are set to scatter across the globe this week in a desperate bid to save the company from destruction.
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Russia's embattled Yukos oil giant raised the stakes in its bitter standoff with the Kremlin as the company slashed supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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MOSCOW : Russia announced plans to break up Yukos in a crippling blow to Russia&#39;s largest oil producer and its billionaire founder who dared to challenge President Vladimir Putin&#39;s rule.
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Russia left YUKOS and its investors  guessing as to its next move on Monday after selling its main  oil production unit to Baikal Finance Group, a mystery firm  registered at a grocery in provincial Russia.
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One of Moscow's two major stock exchanges delisted Yukos on Friday, the Interfax news agency reported, and the Prosecutor-General's office said a new criminal investigation had been opened against the oil company's jailed former CEO Mikhail Khodorkovsky.
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Russia's justice ministry announced plans to break up the Yukos oil giant in a fatal blow to Russia's largest oil producer and former Western investor darling that once dared challenge President Vladimir Putin's rule.
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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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Oil major Yukos, Russiaâs largest oil exporter, believes prosecutors want the âtotal destructionâ of the firm, but says the management board will continue to run it for as long as possible.
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One year after Mikhail Khodorkovsky's arrest at gunpoint on a Siberian airport runway, the politically charged face-off between authorities, Russia's richest man and the Yukos oil giant has left the nation's No.1 oil company a hair's-breadth from destruction.
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Rosneft, the state-owned Russian oil company, has reportedly moved to take control of Yuganskneftegaz, formerly Yukos&#39;s most important oil production plant.
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The main shareholder in Yukos, the Russian oil company, on Sunday threatened to sue whoever buys its main subsidiary, which the government has forced it to sell by the end of this week.
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Accounts held by Yukos have been seized and the company could be forced to halt production, the Russian oil giant warned today. A Moscow court granted a state prosecutor&#39;s request &quot;to seize
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The top management of oil major YUKOS has left Russia fearing arrest under a Kremlin drive to &quot;decapitate&quot; the country&#39;s largest oil exporting company, a YUKOS source said on Thursday.