Yukos awaits US ruling on break-up order
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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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Embattled Russian oil group YUKOS should  hear later on Thursday whether a U.S. bankruptcy court will  attempt to hold up the sale of its main production unit this  weekend, but lawyers and analysts expect Moscow will go ahead  anyway.
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Embattled Russian oil group YUKOS (YUKO.RTS: Quote, Profile, Research) should hear later on Thursday whether a US bankruptcy court will attempt to hold up the
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Russian natural gas monopoly Gazprom  GAZPq.L on Saturday filed an appeal in U.S. district court  seeking to overturn a bankruptcy judge's order temporarily  blocking the auction of Yukos' YUKO.RTS main oil producing  subsidiary, planned for Sunday.
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Russia&#39;s Federal Property Fund said Friday it will go ahead with an auction of the embattled Yukos oil giant&#39;s major unit Yuganskneftegaz despite a US court decision to halt the sale, the Itar-Tass news agency reported.
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Lawyers for the embattled Yukos oil giant requested a new judge Monday as Russia&#39;s Tax Ministry sought to enforce $1.4 billion US ($1.
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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 that seeks to halt  Sunday's auction for at least 10 days.
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Russian oil company Yukos, possibly making its last stand to prevent Russia from selling its main production unit in a tax dispute, asked a US bankruptcy judge Thursday to block a scheduled auction of the unit.
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The legal battle over the future of Yukos, the troubled Russian oil giant, intensified yesterday as first Deutsche Bank filed to dismiss Yukos&#39; claim of bankruptcy protection in the US and then
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Russia is set to go ahead with a sale of the main production asset of Yukos, the countryâs embattled oil company, despite an injunction issued late yesterday by a US court.
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MOSCOW, Dec. 17 -- Russia pledged Friday to  ignore a U.S. court ban on the looming auction of oil giant Yukos' key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was expected to buy the unit.
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[Presenter] Hearings on the Yukos case are to resume in a Houston court in a couple of hours. The court is expected to look today at the possibility of temporary suspension of all transactions involving the
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Investors refrained from trades in Yukos as they awaited a critical court decision on whether Russia's embattled oil giant could use its contested stake in a rival company to pay off its crushing tax bill.
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Yukos will on Thursday seek an injunction from a US court in a last-gasp bid to block the forced auction of its main operating unit by the Russian government on Sunday.
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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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Description: Russian officials make it clear they plan to proceed with an auction of oil company Yukos&#39; main production unit, despite a restraining order from a US court.
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A majority stake in the embattled Russian oil company Yukos' main production unit will be sold at an auction scheduled for Dec. 19, an announcement in the official government newspaper said Friday, confirming the country's largest oil producer will be broken up as part of a politically charged battle for control over the strategic resource.