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Dutch Court Overturns $50B Yukos Award Against Russia
Wednesday, April 20, 2016A Dutch court overturns an order that Russia pay $50 billion to shareholders in defunct oil company Yukos.

Rosneft Hires 10 Banks for $2B Debt Refinancing
Monday, February 04, 2008Rosneft has hired 10 banks to arrange a $2 billion pre-export loan facility to refinance existing debt. The new facility is to refinance part of the funding put in place to back Rosneft's acquisition of assets from bankrupt oil company Yukos.

Rosneft to Cut $9.2B of Debt with Yukos Sale Proceeds
Wednesday, June 27, 2007Rosneft has received the first tranche of proceeds as a creditor from the Yukos bankruptcy.

Moving into Russian Upstream, Eni Acquires Yukos Assets for $5.83B
Wednesday, April 04, 2007Eni S.p.A. on Wednesday announced that EniNeftegaz (60% Eni, 40% Enel S.p.A.) has successfully acquired Lot 2 in the Yukos liquidation procedure for a total price of 151.536 billion rubles ($5.83 billion).

Chevron Enters the Race for Yukos Assets
Friday, February 09, 2007Chevron has expressed interest in buying the assets of bankrupt Russian oil producer OAO Yukos, Yukos' court-appointed liquidator said Friday, making Chevron the first U.S. company to publicly enter the race for the remnants of Yukos.

Haasbeek and Shacklett Join Transmeridian Board
Tuesday, December 12, 2006Transmeridian Exploration Incorporated said that J. Frank Haasbeek, 71, and Alfred L. Shacklett Jr., 58, have been appointed to its Board of Directors upon recommendation of the Nominating & Governance Committee.

Today's Analysis: Gazpronism: The New Cold War
Monday, December 20, 2004The New Cold War won't be so much about weapons. It will be about crude oil, and natural gas. And Russia is the new big sheriff in town.

Yukos Files For Bankruptcy Protection
Wednesday, December 15, 2004Yukos Oil Company filed a voluntary petition for reorganization under Chapter 11 of Title 11 of the United States Bankruptcy Code.

Is Gazprom Going To Get Yukos?
Tuesday, November 30, 2004According to multiple reports, state owned Russian natural gas behemoth Gazprom is the leading player in the hunt for the beleaguered Yukos.

Statement by YUKOS Chairman Viktor Gerashchenko
Thursday, November 04, 2004In view of the announcements published by a number of mass media about the resignation of YUKOS' Board Members, and about the Company's bankruptcy allegedly "approved" by the Board of Directors, I deem it necessary to make a statement that these announcements do not correspond to the reality.

Russian Ministry to Sell Part of YUKOS Unit
Tuesday, October 12, 2004Russia's Justice Ministry said Tuesday it intended to sell part of OAO YUKOS' largest oil unit, in an unexpected turn that could speed up the resolution of Russia's conflict with the country's largest oil company.

Russian Government May Revoke YUKOS Unit's Licenses
Friday, September 10, 2004Russia's Ministry of Natural Resources, or MPR, may move to withdraw operating licenses from OAO YUKOS' largest production asset due to its growing tax debts, a person familiar with the situation said Friday.

Yukos Receives Default Notice on $1.6 Billion Trade Finance
Wednesday, August 11, 2004YUKOS Oil Company has received a notice dated August 6, 2004 from the facility agent under the YUKOS $1.6 billion pre-export facility secured term loan stating that the lender under that facility considers that an event of default has occurred as a result of recent well publicized events and their actual or potential impact on YUKOS' business and assets.

Yukos Makes Statement About Financial Situation
Thursday, July 22, 2004YUKOS believes that it fully complied with all tax laws and common business practices in effect at the time but reiterates that, as a law-abiding company, it will comply with the now effective ruling of the Arbitration Court regarding the collection of taxes, surcharges and penalties in the amount of RUR 99.4 due for the year 2000.

Russian Court Seizes Yukos' Bank Accounts
Friday, July 02, 2004The Court Bailiffs Service for the Central Administrative District of Moscow today presented an Execution Act and began execution proceedings for YUKOS Oil Company's liability to pay RUR 99.4 billion in taxes, surcharges and penalties for the year 2000 pursuant to the ruling of the Court of Arbitration of Moscow of May 26 and June 29, 2004.

Russia Orders Shell, Lukoil, Yukos to Sign New Agreements
Tuesday, June 29, 2004Russia's ministry of natural resources said Tuesday it has completed an investigation of licenses held by Yukos, Lukoil and Shell at three separate oilfields with a demand that investors sign new agreements for each project.

Moscow Court Order Yukos to Pay 99 Bln Rubles in Back Taxes
Wednesday, May 26, 2004The Moscow Arbitration Court has fined YUKOS over 99 billion Rubles in taxes, penalties and fines.

YUKOS Receives Notice of Potential Loan Default
Wednesday, May 19, 2004YUKOS Oil Company reports that it had received a notice related to YUKOS' $1.6 billion pre-export facility secured term loan that it was considered by the lender that a Potential Event of Default has occurred.

Yukos' Production Up 9.3% in the First Quarter Of 2004
Monday, May 17, 2004YUKOS' production was 21.1 million metric tons (154.3 million barrels) of crude oil and gas condensate, including 0.4 million metric tons (3.0 million barrels) of YUKOS' interest in the production of equity affiliates in the first quarter of 2004, which is 9.3% more than in the corresponding period of 2003.

YUKOS Board Names Director Nominees
Thursday, April 29, 2004Yukos says the nominees for directors include individuals who have extensive experience within or related to the international oil industry and others who are respected for their contribution to the Russian economy.

YUKOS Receives Notice of Potential Default from Lenders
Monday, April 26, 2004YUKOS Oil Company has received a notice dated April 23, 2004 from the lenders participating in YUKOS' $1 billion pre-export facility secured term loan that the lenders consider that a Potential Event of Default has occurred.

YUKOS Records Strong Reserve Replacement in 2003
Thursday, April 15, 2004YUKOS Oil Company announced that it replaced 338% of its production in 2003 and increased its proved oil and gas reserves to 16.0 billion barrels of oil equivalent on a SPE basis.

YUKOS CEO Issues an Open Letter to All Shareholders
Wednesday, April 14, 2004The chief executive officer of YUKOS Oil Company, issued, through the Financial Times newspaper, an open letter to all shareholders.

YUKOS & Partners Reach Agreement on Talakan Field
Monday, April 05, 2004YUKOS Oil Co., Surgutneftegas and the government of the Sakha Republic (Yakutia) signed an agreement to settle the issues relating to the development of the Talakan field.

YUKOS to Pursue All Legal Options
Monday, March 29, 2004The extraordinary shareholders meeting of Sibneft that YUKOS had requested to call on March 28 was declared invalid by the organizers due to the lack of quorum.

YUKOS Board Approves 2004 Budget
Friday, February 27, 2004The Board of Directors of YUKOS Oil Company at its meeting held on February 26, 2004 approved the cash capital expenditures budget and financial plan for 2004.

YUKOS and Gazprom Discuss Prospects for Cooperation on Gas
Tuesday, February 17, 2004YUKOS and Gazprom discuss plans for joint cooperation to develop the two companies' gas businesses.

Yukos CEO Shrugs Off Russian Govt's Tax, License Reviews
Monday, February 09, 2004The tax regime and oil field license reviews that Russian authorities have undertaken aren't cause for concern, the chief executive officer of OAO Yukos said Monday.

Siberian Court Freezes Shares Of Yukos Subsidiary
Monday, January 26, 2004Late last week a Siberian court froze shares in a subsidiary of OAO Yukos, which it holds through its Sakhaneftegaz unit.

YUKOS Responds to Russian Tax Ministry Inquiry
Wednesday, January 14, 2004YUKOS Oil Company has sent to the Tax Ministry objections against the Act of Tax Audit provided to YUKOS on December 29, 2003 that accuses YUKOS of designing an unlawful (as the Tax Ministry maintains) tax minimization scheme.

Russia Prosecutors Want Khodorkovsky's Detention Extended
Friday, December 19, 2003Russian prosecutors have asked the Moscow Basmanny court to extend the detention of Mikhail Khodorkovsky, the largest shareholder in, and former chief executive of, OAO Yukos.

Surgutneftegaz Wins Awarded Talakan License
Friday, December 12, 2003Surgutneftegaz was awarded a license for the huge east Siberian Talakan oilfield, after the 900-million-barrel field was stripped from Russian major Yukos.

Russian Prosecutors End Khodorkovsky Investigation
Tuesday, November 25, 2003The Russian Prosecutor General's Office Tuesday finished its investigation into the criminal case against OAO Yukos' former chief executive Mikhail Khodorkovsky.

Yukos Board Express Support for Company Management
Thursday, October 30, 2003The Board of Directors of Yukos Oil Company expresses its full support for and confidence in the Company's management.

Sibneft and Yukos Finalize Merger Transaction
Friday, October 03, 2003The principal shareholders of OAO Sibneft and Yukos Oil Company have finalized the previously announced transaction creating YukosSibneft Oil Company, Russia's largest oil and gas group.

Yukos Arranges US $1 Billion Loan Facility
Wednesday, September 24, 2003Yukos Oil Company has arranged a US $1 billion pre-export facility secured term loan.

Yukos Acquires 34% Stake in Geoilbent
Wednesday, September 17, 2003Yukos has signed an agreement with Harvest Natural Resources to acquire a 34% interest in Geoilbent.

Yukos Denies Rumors of Equity Stake Sale
Tuesday, September 16, 2003Yukos says it has no written or verbal agreements to sell a substantial block of Company shares, nor is it aware of any such agreements signed by its shareholders.

Yukos Acquires Stake in Sibneft
Thursday, September 04, 2003Yukos has acquired a 20% stake, less 1 share, in OAO Sibneft.

OMV and Yukos to Build New Pipeline
Wednesday, August 13, 2003OMV and Yukos have agreed to a crude supply deal that includes building a new pipeline between the Slovak Republic and Austria.

China & Russian Ink Long-Term Pipeline Deal
Thursday, May 29, 2003China and Russia have agreed on the final key deals paving the way for a US$2.5 billion oil pipeline that will link Siberia and China.

Russian Resources Ministry Urging Arctic Exploration
Monday, May 19, 2003The head of Russian Resources Ministry, Rinat Murzin, is urging the government to approve the Arctic shelf exploration program.

Sibneft & Yukos Reach Agreement for Creation of YukosSibneft
Wednesday, May 14, 2003The principal shareholders of OAO Sibneft and YUKOS Oil Company have signed definitive agreements for the creation of YukoSibneft.

Yukos and Sibneft Agree in Principle to Merge
Tuesday, April 22, 2003Yukos and Sibneft core shareholders announced that they have agreed in principle to combine the two businesses in the largest-ever industrial transaction in Russia.