22 July 2026

BluePress

Yukos unit fetches $9bn at auction

Yukos unit fetches $9bn at auction

A little-known Russian company has bought the main production unit of oil giant Yukos at auction in Moscow. Baikal Finance Group outbid favourite Gazp…

Khodorkovsky ally denies charges

Khodorkovsky ally denies charges

A close associate of former Yukos boss Mikhail Khodorkovsky has told a court that fraud charges levelled against him are "false". Platon Lebedev has b…

Deutsche attacks Yukos case

Deutsche attacks Yukos case

German investment bank Deutsche Bank has challenged the right of Yukos to claim bankruptcy protection in the US. In a court filing on Tuesday, it said…

Minister hits out at Yukos sale

Minister hits out at Yukos sale

Russia's renationalisation of its energy industry needs to be reversed, a senior government figure has warned. Economy minister German Gref told the K…

Yukos seeks court action on sale

Yukos seeks court action on sale

Yukos will return to a US court on Wednesday to seek sanctions against Baikal Finance Group, the little-known firm which has bought its main asset. Yu…

Putin backs state grab for Yukos

Putin backs state grab for Yukos

Russia's president has defended the purchase of Yukos' key production unit by state-owned oil firm Rosneft, saying it followed free market principles.…

Yukos sues four firms for $20bn

Yukos sues four firms for $20bn

Russian oil firm Yukos has sued four companies for their role in last year's forced state auction of its key oil production unit Yuganskneftegas. Yuko…

Yukos accused of lying to court

Yukos accused of lying to court

Russian oil firm Yukos lied to a US court in an attempt to stop the Russian government selling off its key production unit, the court has heard. The u…