Unknown wins bid for major Yukos unit
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MOSCOW Russia completed the dismantling of Yukos, its largest oil producer, on Sunday, selling its main subsidiary to a company that was essentially unheard of until three days ago.
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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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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 battle between the Kremlin and Yukos takes a twist as reports hint oil firm Surgutneftegas may be the buyer of Yukos' main subsidiary.
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The Russian gas giant Gazprom said its board of directors had given its go-ahead for the state-controlled firm to bid for the main production unit of embattled oil group Yukos.
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Russia&#39;s state-controlled gas monopoly, Gazprom, announced today that it is planning to bid for the main production facility of troubled oil company Yukos.
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A little known company has bought the main production unit of embattled Russian oil company Yukos, for around USD9.35bn. Little is known about the auction winner Baikalfinansgroup - named after a Siberian
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YUKOS and its investors were left guessing as to Russia&#39;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 mystery company has bought the main production arm of the Russian oil giant Yukos. Baikal Finance Group has paid the equivalent of USD9.3bn for the production operation Yuganskneftegas at an auction.
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Russia completed the dismantling of Yukos Oil today, selling off the country's largest oil subsidiary to a company that was essentially unheard of until three days ago.
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Description: Yukos Oil&#39;s main asset is sold at auction to a little-known firm, the Baikal Finance Group. A US State Department spokesman says the Russian company&#39;s breakup has &quot;eroded Russia&#39;s reputation as
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A mysterious investment group formed just last month bought a majority stake in the core production unit of the Russian oil giant Yukos Oil Co. for $9.3 billion Sunday at a Moscow auction.
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Russia&#39;s state-controlled gas giant Gazprom approved a plan to bid for Yukos&#39; core production unit Wednesday amid reports that the company was negotiating to secure a euro10 billion (US$13 billion) loan from a group of Western banks to support its offer.
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MOSCOW  - Russia's little-known BaikalFinansGroup bought the core production unit of oil giant Yukos at auction for &#36;9.3 billion US on Sunday, gaining control of one of Russia's most prized oil assets.
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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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ISN SECURITY WATCH (27/12/04) - Russia&#39;s state-owned Rosneft oil company announced on Thursday that it had fully bought Baikal Finance Group, the mysterious shell firm that had won the 20 December controversial auction for Yuganskneftegaz, the core
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BaikalFinansGroup won the auction for Yuganskneftegaz on Sunday, agreeing to pay $9.3 billion for the main production unit of Yukos, Russia&#39;s largest oil producer, according to published reports.