Rosneft: No Solid Offer for Yuganskneftegaz
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State-controlled oil company Rosneft insisted Thursday that it had no specific bids from an Indian company for a 15 percent stake in a production unit that belonged to Yukos until it was auctioned by the government.
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A top Gazprom official ended weeks of speculation, saying aid that the natural gas company wanted to bid in the auction for Yukos&#39;s main subsidiary, Yuganskneftegaz.
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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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RBC, 30.11.2004, Moscow 12:09:36.Gazpromneft will take part in an auction on selling YUKOS&#39; oil producing subsidiary Yuganskneftegaz.
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Russia&#39;s Federal Property Fund said Friday it will go ahead with an auction of the embattled Yukos oil giant&#39;s major unit Yuganskneftegaz despite a US court decision to halt the sale, the Itar-Tass news agency reported.
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A company so small that it did not seem to have an office bid successfully yesterday to buy the second- biggest oil production facility in Russia
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Russia is vowing to proceed with an auction of oil giant Yukos' key production subsidiary, saying a U.S. court ban is irrelevant. But the expected winner of Sunday's auction, the state-run Russian gas company Gazprom, may not be able to pay after a consortium of Western banks reportedly put on hold billions of dollars in credit it needs to fund its bid.
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Yukos has lost its main asset, Yuganskneftegaz, sold in an auction held by the Russian Fund of Federal Property, for $9.35 billion.
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MOSCOW : A top Western bank asked to value Yukos&#39;s core asset said the Russian government chose the lowest price possible for a planned sale of the oil giant&#39;s crown jewel in a move that has shaken investors.
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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 that seeks to halt  Sunday's auction for at least 10 days.
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Gazpromâs oil arm Gazpromneft is set to take part in the auction for Yuganskneftegaz, Yukosâ main production unit, despite a ruling by a US bankruptcy court to halt the sale for 10 days.
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Russia faces major challenges to structure the $9.4 billion purchase by state firm Rosneft of stricken oil major YUKOS&#39;s key unit after Western lenders got cold feet, analysts said on Wednesday.
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China is interested in participating in the bidding for Yuganskneftegaz, the top oil-producing subsidiary of the Russian oil giant Yukos, a Chinese economic official was quoted as saying in a report Thursday by the Russian news agency Interfax. The ...
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Russia&#39;s anti-trust body said on Saturday it had approved the state oil firm Rosneft&#39;s purchase on Thursday of the obscure buyer of the key production unit of beleaguered YUKOS oil company.
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The Russian Federation Federal Antimonopoly Service has approved the acquisition by the Rosneft state oil company of Baykalfinansgrup, which won the auction for the sale of the controlling package of shares in the Yuganskneftegaz company, Interfax has
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RBC, 13.10.2004, Moscow 14:13:45.A new company may be created so that it will take part in the auction for selling YUKOS&#39; major oil producing subsidiary Yuganskneftegaz.
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LONDON, December 29  - Deutsche Bank yesterday sought the dismissal of Russian oil giant Yukosâ (YUSA.FSE) bankruptcy protection filing in a Houston court on grounds of lack of jurisdiction.