Yukos Said to Halt Some Exports to China
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Russia&#39;s Yukos oil company is suspending oil exports to the Chinese National Petroleum Corp. because it cannot afford to pay transport expenses, a news agency reported Sunday.
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MOSCOW: Foreign investors may take part in the sale of assets in Russian oil major Yukosâ main production unit, which could be offered at a 60% price discount to settle back taxes, Russian television reported on Monday.
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Russian oil major YUKOS said on  Wednesday it had filed for bankruptcy protection in a U.S.  court and would seek an order from the court to halt the Dec.  19 sale by the Russian state of its main oil unit.
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Yukos issued a fresh warning yesterday that it could be forced to cut output, after a court ruling allowing authorities to seize up to $2.
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Russia's embattled Yukos oil giant raised the stakes in its bitter standoff with the Kremlin as the company slashed supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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The Natural Resources Ministry threatened Friday to revoke the extraction permits held by Yukos&#39; main production unit because it stopped paying taxes.
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Chinese officials urged Russiaâs biggest oil exporter Yukos Oil Company to stand by its earlier commitments to export crude oil to China.
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MOSCOW, Russia -- Embattled Russian oil giant Yukos is set to learn if a US bankruptcy court will try to block the sale of its main production unit this weekend.
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Russian oil major Yukos&#39; crippling tax debts finally forced a much-feared production cut on Wednesday, but its exports to Europe looked safe after it cut a barter deal with the pipeline monopoly.
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China's state oil firm may get a 20% stake in Yukos' former oil production unit, a Russian minister says.
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China has agreed to step in and pay Russian rail fees to ensure that it continues to receive Yukos oil if the company is unable to cover the transport costs, officials at Russia's rail transport monopoly said 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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China's biggest oil and gas producer could be offered a 20 percent stake in a Russian state company that will control Yukos' former key subsidiary, a Russian minister said Thursday, in an apparent attempt by authorities to avoid legal fallout from the disputed auction of the Yukos unit.
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Russian President Vladimir Putin has hinted at Chinese involvement in the exploitation of the confiscated assets of the Yukos chief oil producing unit, marking a shift in Moscow&#39;s traditional closed-door policy to its Asian neighbor.
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MOSCOW  - Embattled oil giant Yukos' shipments to China have been suspended until at least Oct. 20, company and government officials confirmed Thursday.
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The board of Russia&#39;s embattled oil giant Yukos will halt crude supplies to Baltic refinery Mazeikiu Nafta until the end of the year, the Interfax agency reported Monday - just hours after Yukos confirmed a similar move involving a Chinese company.
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HOUSTON -- A US bankruptcy judge has issued a temporary restraining order to halt the planned auction of Russian oil company Yukos&#39; main oil-producing subsidiary, Yuganskneftegaz, Reuters reports.