Russia invites foreign Yukos bids
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Overseas firms may be allowed to bid for the key asset of under fire Russian oil firm Yukos, the Kremlin says.
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Russia has pressed ahead with the last step in the break-up of oil major YUKOS, saying it will auction its main unit for $8.65 billion.
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The Russian gas giant Gazprom declared Wednesday it would bid for a major oil production subsidiary of the embattled oil company Yukos when the subsidiary is auctioned off by the government on Dec.19.
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MOSCOW  - State gas giant Gazprom will take part in the Dec. 19 auction of Yukos unit Yuganskneftegaz, the head of the monopoly's new oil division said Tuesday.
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Russia expanded its growing European energy empire Friday, signing two more deals in a drive that is raising fears Moscow could use its vast oil and gas resources to meddle in the affairs of its neighbors.
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MOSCOW - China&#39;s state oil company could be offered a 20 per cent stake in the recently auctioned main production unit of former Russian oil giant Yukos.
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Foreign investors may be allowed to bid for the main assets of Russian oil major Yukos, Russia&#39;s privatization agency said Monday, amid speculation about a fire sale to settle Yukos&#39; back taxes.
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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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Russian state-controlled gas giant Gazprom has announced its intention to be one of the bidders in the auction of the 76.8% stake in Yuganskneftegaz to be held on Dec.19.
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In an attempt to create a state energy leviathan, Russia's natural gas monopoly Gazprom said that it would bid for the prize assets of oil giant Yukos.
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Russian President Vladimir Putin said state-run companies may bid for OAO Yukos Oil Co. assets in any sale to collect back taxes, raising the prospect of further government control over the nation&#39;s oil and gas industry.
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Russia's Yukos has sent the Lithuanian Economy Ministry a written request to use its first option to increase its stake in Mazeikiu Nafta.
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Gazprom, Russia&#39;s state-controlled gas monopoly, could team up with the China National Petroleum Corporation to develop the Yukos oil company&#39;s main production asset, sold to a mystery bidder on Sunday.
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State gas giant Gazprom will participate in the Dec. 19 auction of Yukos unit Yuganskneftegaz, the head of the monopoly's nascent oil division said Tuesday.
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MOSCOW : A deal between French energy group Total and Russian gas firm Novatek shows that oil majors have an appetite for Russia&#39;s energy riches despite the Yukos affair, but also the limited role now possible for foreigners in this strategic sector
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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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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.