Russian Oil Firm Buys Mysterious Bid Winner
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The state-owned oil company Rosneft has acquired the unknown front company that won a controversial auction Sunday for a major production unit of the besieged oil giant Yukos, Russian news agencies reported late Wednesday.
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The buyer of the main asset of embattled Russian oil firm Yukos is reportedly sold to state-owned Rosneft.
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Unknown company Baikal Finance Group was  declared winner of an auction for Russian oil firm YUKOS's main  production unit Sunday, outbidding gas monopoly Gazprom, the  widely-viewed favorite.
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Prague, 20 December 2004 (RFE/RL) -- The question everyone in Russia is asking a day after an obscure company won a controlling stake in one of the country&#39;s largest oil producers is: Just who is Baikalfinansgrup?
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ConocoPhillips paid nearly $2 billion at auction for the Russian government's stake in Lukoil, a purchase that could allow Conoco to become the first Western company to return to Iraq's oil fields.
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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
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A Russian state oil firm has bought  YUKOS's core unit, effectively nationalizing 11 percent of the  country's crude output and dealing a heavy blow to YUKOS's  attempts to halt its own dismemberment.
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MOSCOW - Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos&#39; most important production unit, Russian news agencies reported, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas giant
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19 December 2004 -- The Russian firm Baikalfinansgroup has won the bidding to buy a core asset of the Yukos oil company -- Yuganskneftegaz -- as the Russian government today carried out its threat to dismember Yukos.
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American oil company ConocoPhillips acquired the Russian government&#39;s 7.6% stake in Lukoil yesterday, after bidding almost $2bn (Â£1.
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MOSCOW: Russian state oil firm Rosneft has bought the core unit of Yukos, nationalising more than one-tenth of the countryâs crude output and dealing a shattering blow to a once flourishing private enterprise.
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On Saturday, Dec. 25, Russiaâs Federal Anti-Monopoly Service approved the acquisition of Yuganskneftegaz, the core production asset of the embattled Yukos Oil Company , by the state-owned Rosneft Oil Company.
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The Russian parliament will launch an investigation today into the mystery buyer that won Sunday&#39;s auction for the main oil production unit of Yukos with a Â£4.8billion bid.
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Speculation over the possible sale of Latvia's strategic oil port to a Russian investor has picked up in recent weeks, with several analysts guessing the likely identity of the buyer.
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The Russian governmentÂs campaign to tighten control over the countryÂs energy industry claimed its first prize from a foreign energy company today.
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Analysts around the capital sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.
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Analysts sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.