Russian State Firm Buys YUKOS Unit
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Russian state oil firm Rosneft has bought YUKOS's core unit, effectively nationalizing 11 percent of the country's crude output and dealing a heavy blow to YUKOS's attempts to halt its own dismemberment.
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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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MOSCOW - China&#39;s state oil company could be offered a 20 per cent stake in the recently auctioned main production unit of former Russian oil giant Yukos.
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Russian state oil firm Rosneft moved on Friday to take control of stricken oil major YUKOS's key unit, Yuganskneftegaz, bought at a controversial auction which YUKOS is challenging in the U.S. courts.
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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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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.
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Description: The Russian government announces the sale of many of the most valuable portions of the oil company Yukos, the firm built by embattled tycoon Mikhail Khodorkovsky.
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MOSCOW, Oct 14  - The Russian government will sell a controlling stake in Yuganskneftegaz, the key holding of the troubled Yukos oil giant, for just over four billion dollars, Interfax reported Thursday without disclosing its sources.
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The buyer of the main asset of embattled Russian oil firm Yukos is reportedly sold to state-owned Rosneft.
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The Russian Competition Institution has approved the sale of Baykal Finans Group, which had purchased Yuganskneftgaz, the main oil production of Yukos, to state company Rosneft.
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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.
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China's state-owned oil company may get a 20% stake in Yukos' former oil production unit, a Russian minister says.
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Russia looks ready to sell the key production unit of beleaguered oil group YUKOS on Sunday and put it back in state hands after almost a decade under private management.
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Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos&#39; most important production unit, Russian news agencies reported late Wednesday, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas
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The US oil giant ConocoPhillips on Wednesday won an auction to purchase state-held stake of Russia&#39;s second largest oil producer Lukoil.
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MOSCOW  - Russia&#39;s anti-monopoly agency approved state oil company Rosneft&#39;s acquisition of the firm which won an auction for the embattled Yukos oil giant&#39;s core asset.
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MOSCOW - Russian state-owned oil company Rosneft has bought the mysterious buyer of Yukos&#39; most important production unit, Russian news agencies reported, in a deal that appeared to move the unit one step closer to ownership by state-controlled gas giant