YUKOS Awaits Russia&#39;s Next Move
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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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Russian President Vladimir Putin is ready to go after other oil companies the way he has hammered Yukos, a top Kremlin official has said.
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Russia prepares for the forced auction of a prize oil asset - the main production unit of beleaguered oil giant Yukos.
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Russia will forge ahead with an auction on Sunday to sell the key asset of stricken oil company YUKOS despite an order from a US bankruptcy court blocking the sale for 10 days, an official said on Friday.
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MOSCOW Directors at Gazprom, the world&#39;s biggest natural gas company, are united and ready to vote on a proposed bid for Yukos&#39;s main production unit, Yuganskneftegaz, officials at the gas company said on Thursday, as the company seeks to create an oil
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YUKOS and its investors were left guessing as to Russia's next move Monday after its main oil production unit was sold off to Baikal Finance Group, a mystery firm registered in a provincial city.
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A planned sale of Russian energy giant Yukos&#39; main asset has become clouded by confusion over the price, the participants and the legality of the sale.
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MOSCOW: Embattled Russian oil major Yukos should hear later today whether a United States bankruptcy court will back its last-ditch attempt to halt the sale due on Sunday of its main production unit.
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MOSCOW - Russia is vowing to proceed with an auction of oil giant Yukos&#39; key production subsidiary, saying a US court ban is irrelevant.
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MOSCOW, DECEMBER 20: 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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MOSCOW The government on Friday set the stage for the resolution of the &quot;Yukos affair,&quot; setting an auction date for the prize asset of Yukos, the country&#39;s No.
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Russia is toying with China and Japan, both of which are courting its oil, in a pipeline drama that could see the downtrodden giant Yukos and its assets play the clinching role.
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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 which seeks to  halt Sunday's auction for at least 10 days.
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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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Beleaguered Russian oil giant Yukos on Monday faces a court-imposed deadline to pay a multi-billion dollar tax bill.
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MOSCOW -- A half-dozen executives of Yukos, the embattled oil giant, have left Russia and the company's chief financial officer said he won't return until he learns whether the government plans to charge him.
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The Russian Government is going ahead with the sale of a large part of oil giant Yukos in order to recover an $18 billion tax debt.