Rosneft denies China Yugansk link
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Confusion about the role of Chinese banks in the sale of Russia's Yuganskneftegas deepened on Wednesday.
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MOSCOW  - China's biggest oil and gas producer could be offered a 20 per cent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant&#39;s core subsidiaries.
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Russian oil major YUKOS denied on Wednesday reports it planned to sell its Lithuanian refinery Mazeikiu Nafta to help cover its huge back tax bill.
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Andrey Illarionov, Economic Advisor to President Putin, told reporters he did not see any real reason to sell Yuganskneftegaz, YUKOSâs key production asset.
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SINGAPORE (Dow Jones)--The suspension by troubled Russian oil giant Yukos (YUKO.RS) of some crude exports to China has largely failed to move Asia&#39;s oil market as doubts surface over the company&#39;s grounds for its decision, industry sources said Monday.
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Russia pledged on Friday to ignore a US court ban on the looming auction of oil giant Yukos&#39; key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was
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Gas giant Gazprom's absorption of Russia's state-owned Rosneft hit a snag amid Kremlin infighting over a looming redistribution of the country's lucrative energy sector.
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LONDON, September 24  - Vladimir Putin has denied speculations about the government&#39;s plans to re-nationalize the beleaguered oil giant, OAO Yukos Oil Company (YUSA.
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Russian President Vladimir Putin  strongly defended the takeover by state oil firm Rosneft of  stricken oil major YUKOS' key production unit, Yuganskneftegaz,  calling it a legitimate business deal.
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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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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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BEIJING, Dec. 23 -- Russian state-owned oil company Rosneft has reportedly bought the little-known company Baikal Finance Group which bought Yukos&#39; most important production unit Yuganskneftegaz.
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China's foreign exchange regulator denied Wednesday that Beijing has manipulated the value of its tightly controlled currency, a politically volatile issue with the country's trading partners.
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Russia&#39;s giant Gazprom gas company does not plan to buy any assets from the Yukos oil company if they are sold, Gazprom&#39;s CEO said Tuesday.
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Russia's anti-trust body said on Saturday it had approved the state oil firm Rosneft's purchase on Thursday of the obscure buyer of the key production unit of beleaguered YUKOS oil company.
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MOSCOW  - Russia&#39;s anti-monopoly agency approved state oil company Rosneft&#39;s acquisition of the firm which won an auction for the embattled Yukos oil giant&#39;s core asset.