Obscure firm acquires Russian oil
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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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MOSCOW, Russia -- The sale of embattled Russian oil company Yukos to a little known bidder has been called a scandal by some observers and led to speculation the government may make a grabbed for its assets.
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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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American oil giant ConocoPhillips has acquired the Russian government&#39;s 7.59 percent stake in Lukoil, one of Russia&#39;s largest crude producers, for $1.
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The US oil giant got a good price, Russia&#39;s No. 1 oil company acquired a savvy partner, and Putin polished Russia&#39;s image.
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the oil giant&#39;s most important production unit - was sold at an auction last Sunday to an obscure company called BaikalFinansGroup for $9.3 billion
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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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If Chevron succeeds, such an acquisition could help close the final chapter on the downfall of Russiaâs largest oil company.
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Baikal Finance Group, an unknown  company, won an auction for Russian oil company's YUKOS's core  asset Sunday with a $9.4 billion bid and analysts said whomever  was behind the bid enjoyed Kremlin favor.
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In a surprising turn of events, an unknown company placed the winning bid for the oil arm of Yukos at a much publicised auction in Moscow on Sunday.
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Analysts sought Monday to identify the mysterious group that bought a $9.3 billion majority stake in the Yuganskneftegaz oil fields in Siberia, the prime asset of the moribund Russian oil giant Yukos.
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News had just broken that the country&#39;s top oil producer, Yukos, had fallen to an the obscure company. His man on the spot seemed just as mystified.
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MOSCOW, June 22 -- The state-controlled energy giant Gazprom on Friday bought a vast natural gas field in Siberia from a unit of  British-based petroleum conglomerate BP, continuing the Kremlin's policy of shifting control of the country's major energy projects from foreign to state hands.
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When the Russian government&#39;s 7.6 per cent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - is auctioned Wednesday in the country&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.
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State-controlled Russian oil company Rosneft said Thursday it acquired licenses formerly held by Yukos to develop a number of eastern Siberian oil fields.
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US oil company is looking to buy up to 25% stake in the Russian oil giant, source says. MOSCOW  - US oil major ConocoPhillips is seeking to buy up to 25 percent in Russian oil giant Lukoil, booking
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US oil major ConocoPhillips bought a 7.6-percent government stake in Russia's second-largest producer LUKoil for nearly two billion dollars in the nation's largest post-Soviet privatization deal.