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Keyword: yukos

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  • What Is Mine Is Mine, What Is Yours Is Negotiable

    07/30/2003 10:19:38 AM PDT · by DPB101 · 27 replies · 619+ views
    Rosbalt News ^ | 7/30/03 | Peter Lavelle
    The Kremlin-Yukos conflict, almost a month old now, has shaken the conventional wisdom many had come to accept about the Vladimir Putin presidency. In a nutshell, the standard interpretation before this happened was the following: Putin's 2000 agreement with the oligarchs called for strengthening the state without big business getting overly involved in politics. In turn, the state would not meddle too much in the affairs of the business empires - basically, in the Russian economy. Of course, there are many nuances, but, essentially, the Yukos fracas has put this 'social contract,' as it were, into question. Eventually, most likely...
  • Khodorkovsky: Putin Is Driving Russia Toward Repeat of 1917 Revolution

    10/03/2014 5:09:42 AM PDT · by WhiskeyX · 7 replies
    The Moscow Times ^ | Oct. 03 2014 15:25 | The Moscow Times
    Former oil tycoon Mikhail Khodorkovsky has warned that President Vladimir Putin's current policies threaten to trigger a repeat of Russia's 1917 revolution. In an interview with Bloomberg, the former Yukos CEO described Putin as an authoritarian leader "forced to burn the field" all around himself in order to retain power. "All authoritarian regimes, especially ones like this that aren't based on an ideology but on an individual person, are highly unstable," Khodorkovsky, 51, was cited as saying. Citing dismal economic conditions exacerbated by Western sanctions imposed on Russia over the conflict in Ukraine, Khodorkovsky told Bloomberg the country was on...
  • Russian Tycoon: We Must Prepare For Putin’s Inevitable Downfall

    10/07/2014 2:24:46 AM PDT · by elhombrelibre · 7 replies
    The Daily Beast ^ | 4 Oct 14 | Josh Rogin
    The man who spent 10 years in prison for crossing Putin says the Russian regime will fall, one way or the other, and those who want a democracy to replace it need to get organized now. In December 2013, when Vladimir Putin released Mikhail Khodorkovsky from prison after 10 years, the former oil tycoon and political prisoner said he would not enter politics.... “When I left prison, I announced that I am not interested in engaging in politics. I never promised anyone I wouldn’t engage in it and I continue to be not interested in engaging in it,” Khodorkovsky told...
  • I Am Ashamed Of What Russia Has Become

    11/27/2010 12:37:38 PM PST · by devere · 11 replies · 1+ views
    Business Insider ^ | November 6, 2010 | Mikhail Khodorkovsly
    I can recall October 2003. My last day as a free man. Several weeks after my arrest, I was informed that president Putin had decided: I was going to have to “slurp gruel” for 8 years. It was hard to believe that back then. Seven years have gone by already since that day. Seven years – quite a long stretch of time, and all the more so – when you’ve spent it in jail. All of us have had time to reassess and rethink many things. Judging by the prosecutors’ presentation: “give them 14 years” and “spit on previous court...
  • Less Russian oil for Germany

    08/24/2007 6:31:36 PM PDT · by NCjim · 10 replies · 458+ views
    UPI ^ | August 24, 2007
    BERLIN, Germany (UPI) -- Russia has cut oil supplies to Germany by as much as one-third in recent weeks, worrying energy security experts the move is part of an overall energy strategy change in Moscow. The drop in Russian oil deliveries was first reported in Friday`s Sueddeutsche Zeitung newspaper. The Munich-based newspaper quoted an official from a German refinery who said oil deliveries via the Druzhba oil pipeline network dropped significantly. The refinery, based in Schwedt, near the Polish border, was able to operate on full capacity, but only by relying on domestic and North Sea oil. Owned by BP,...
  • Russia cuts oil supplies to Germany

    08/24/2007 9:54:51 PM PDT · by bruinbirdman · 21 replies · 637+ views
    The Financial Times ^ | 8/24/2007 | Hugh Williamson and Isabel Gorst
    Last updated: August 24 2007 18:58 Russia has made significant cuts to oil supplies sent to German refineries recently, rekindling concerns in Germany over the reliability of Russian energy supplies. Lukoil, Russia’s second largest oil producer, on Friday acknowledged that supplies to Germany had been reduced by about one-third in July and August but refused to explain why the reduction had occurred. Analysts said Lukoil’s decision not to provide previously contracted quantities of oil could be aimed at extracting higher prices from German refineries or be part of Lukoil’s efforts to acquire stakes in German and European refineries. Germany’s economics...
  • russian oil magnate forced to sell to putin loyalist, he says.

    07/31/2007 1:17:41 PM PDT · by ken21 · 6 replies · 386+ views
    new york times ^ | july 31, 2007 | andrew e. kramer
    Mikhail S. Gutseriev, who was once in the tight coterie of Russian billionaires known as oligarchs but has since fallen from favor, accused the government of President Vladimir V. Putin of forcing him out of the company using trumped-up tax claims. The critical letter was the first significant public challenge to Mr. Putin from an influential businessman since the imprisonment four years ago of Mikhail B. Khodorkovsky, the former chairman of Yukos Oil, who is serving an eight-year sentence in Siberia. The development left analysts wondering what the future holds now for Mr. Gutseriev.
  • Chevron Interested in Buying Assets of Oil Giant OAO Yukos, Russian Bankruptcy Official Says

    02/09/2007 4:16:31 AM PST · by Brilliant · 6 replies · 306+ views
    AP via Yahoo! ^ | February 9, 2007 | AP
    MOSCOW (AP) -- U.S. oil company Chevron Corp. has expressed interest in acquiring assets of oil giant OAO Yukos, a Russian bankruptcy official said Friday. Nikolai Lashkevich, a spokesman for Yukos bankruptcy supervisor Eduard Rebgun, told The Associated Press that several international companies had inquired about participating in any auction or selloff of the assets of Yukos, once Russia's largest oil producer. "The receiver's office has received letters expressing interest in acquiring certain Yukos assets from a number of large international companies, including from the U.S. company Chevron," Lashkevich told AP.
  • US State Dept Condemns New Charges Against Khodorkovsky

    02/05/2007 5:44:33 PM PST · by bd476 · 4 replies · 216+ views
    Robert Amsterdam (Khodorkovsky's Attorney) ^ | 5 February 2007 | Sean McMcCormack US Dept Of State
    Today US State Department Spokesman Sean McCormack issued the following comments in response to the new charges applied to Mikhail Khodorkovsky: QUESTION: Do you have any comment on Mikhail Khodorkovsky and the charges that were brought against him today? MR. MCCORMACK: As a matter of fact, I do have something right here. I have something prepared on this. Let me read it to you. As we have commented in connection with the original trial, the continued prosecution of Mikhail Khodorkovsky and the dismantlement of Yukos raise serious questions about the rule of law in Russia. Khodorkovsky and his associate, Platon...
  • Dead Russian spy planned blackmail: acquaintance ['60 minutes' working for Putin]

    01/06/2007 2:12:56 AM PST · by AdmSmith · 13 replies · 872+ views
    Reuters ^ | January 05 2007 | unknown
    NEW YORK (Reuters) - An acquaintance of a former Russian agent killed by radiation poisoning in London said in a television interview that Alexander Litvinenko, who accused Russian President Vladimir Putin of ordering his murder, had planned to blackmail a wealthy Russian businessman. Russian Julia Svetlichnaya said she was a graduate student in London when she spoke to Litvinenko -- a former Russian state security officer who died on November 23 in London after ingesting polonium 210 -- about a book she was writing. "He told me ... he's doing a project for blackmailing one of the Russian oligarchs (exiled...
  • More Prison Time for Khodorkovsky?

    12/28/2006 12:10:56 PM PST · by sergey1973 · 4 replies · 341+ views
    The Moscow Times ^ | December 28, 2006 | Nabi Abdullaev
    Jailed Yukos founder Mikhail Khodorkovsky is looking at a possible 15-year prison term in connection with a money-laundering inquiry. The prison term would come on top of the eight years he is already serving. Prosecutors on Wednesday questioned Khodorkovsky as part of their inquiry. "Khodorkovsky is suspected of stealing oil revenues from Yukos subsidiary firms and then laundering these funds by donating them to Open Russia," Khodorkovsky's lawyer, Yury Shmidt, said by telephone from the regional capital, Chita.
  • Russia links YUKOS boss to Litvinenko

    12/27/2006 12:26:05 PM PST · by A. Pole · 33 replies · 630+ views
    Reuters ^ | Wed Dec 27, 2006 | Guy Faulconbridge
    MOSCOW, Dec 27 (Reuters) - Russian prosecutors said on Wednesday that Leonid Nevzlin, a former top manager of the YUKOS business empire, could have ordered the poisoning of former Russian agent Alexander Litvinenko. "A version is being looked at that those who ordered these crimes could be the same people who are on an international wanted list for serious and very serious crimes, one of whom is ... Leonid Nevzlin," Russia's prosecutor-general's office said in a statement posted on its Web site [...] A trusted business partner of jailed Russian oil tycoon Mikhail Khodorkovsky, Nevzlin has provoked the Kremlin's...
  • Spanish court issues arrest warrant for Russian lawyer

    11/27/2006 8:14:54 AM PST · by A. Pole · 8 replies · 324+ views
    RIA Novosti ^ | November 25, 2006
    MADRID, November 25 (RIA Novosti) - Spain's National Court has issued a warrant to arrest a Russian attorney detained in a major ongoing crackdown on Georgian and Russian organized crime groups in the country, his lawyer said Friday. Spanish police detained nine people Wednesday night, including Alexander Gofshtein, a lawyer for the bankrupt oil firm Yukos who arrived from Moscow for a meeting in the Soto del Real jail near Madrid with his client, Zakhar Kalashov, who is believed to be a Georgian mafia boss. "No charge has yet been brought against him. Alexander is suspected of involvement in a...
  • Putin's superpower play

    10/28/2006 1:56:40 AM PDT · by bd476 · 17 replies · 615+ views
    The Business Online ^ | 26 October 2006 | Richard Orange & James Forsyth
    Putin’s superpower play By : Richard Orange & James Forsyth26/10/2006Russia has a new weapon with which to bully the West: its vast energy reserves. As the world’s biggest supplier of oil and gas, the Kremlin is determined that industrial muscle will succeed where Marxism failed When a 32-year-old KGB agent called Vladimir Putin was invited to attend the Red Banner Institute in Moscow, one of the Soviet Union’s elite spy colleges, he couldn’t believe his luck. It was 1984 and the young but deeply ambitious Putin was soon being groomed as a specialist in economic and technological espionage. His...
  • The "Yukos Affair", its Motives and Implications

    09/18/2006 11:05:49 AM PDT · by lizol · 34 replies · 629+ views
    CES ^ | August 2006 | Wojciech Kononczuk
    The "Yukos Affair", its Motives and Implications Key points 1. When interpreting the "Yukos affair", it is hard to focus on any single particular motive or explanation that would easily rationalise the government's actions against the company. The "Yukos affair" is a multi-layered process with a number of different reasons for its cause. When one scrutinises the events around the company, the impression may be obtained that the Kremlin seemed at first not to have had any ultimate strategy; the authorities' position evolved as time went by. At first, the conflict was mainly of a political nature; economic factors did...
  • Pichugin Faces Life Sentence in Killings(Yukos-Khodorkovsky)

    08/17/2006 4:25:16 AM PDT · by GarySpFc · 2 replies · 150+ views
    The Moscow Times ^ | 8/17/2006 | Catherine Belton, Staff Writer
    The Moscow City Court is due to hear the verdict Thursday in the politically charged trial of former Yukos security chief Alexei Pichugin, who stands accused of a series of contract killings, including the 1998 murder of Nefteyugansk mayor Vladimir Petukhov. The case is a key part of the state's efforts to link former Yukos CEO Mikhail Khodorkovsky's chief lieutenant, Leonid Nevzlin, to the killings. State prosecutor Kamil Kashayev has asked the court to hand down a life sentence for Pichugin, who is already serving 20 years in jail after being convicted last year of organizing the double murder of...
  • Slovakia says to buy pipeline stake from YUKOS

    08/09/2006 10:43:15 AM PDT · by lizol · 1 replies · 266+ views
    Reuters ^ | 2006-08-09 | Peter Laca
    Slovakia says to buy pipeline stake from YUKOS 2006-08-09 19:19 By Peter Laca BRATISLAVA, Aug 9 (Reuters) - The Slovak government reached a deal with bankrupt Russian oil firm YUKOS on Wednesday to buy back a 49 percent stake in Slovak oil pipeline operator Transpetrol. Economy Minister Lubomir Jahnatek said after negotiations with officials of YUKOS Finance, which formally owns the Transpetrol shares, that the deal was still subject to approval by a U.S. judge overseeing part of YUKOS bankruptcy proceedings. "We need a ruling by a U.S. bankruptcy judge for finalising the matter, and for signing the necessary documentation,"...

    08/04/2006 2:01:49 PM PDT · by sergey1973 · 5 replies · 373+ views
    Jamestown Foundation ^ | 08-04-2006 | Igor Torbakov
    A court decision declaring Yukos -- once Russia’s largest oil company -- bankrupt has finally brought to an end the sad story of confrontation between private business and a powerful state. But the ruling also highlighted the unhealthy nature of the country’s raw-materials-based socio-economic system. On August 1, the Moscow Arbitration Court ordered the bankruptcy and liquidation of Yukos, a decision that various commentators gloomily described as either a “death sentence” for the company or as its “funeral.” As was widely expected, the court upheld a vote one week earlier by Yukos’s creditors. The latter, led by Russia’s Federal Tax...
  • Russia: Rosneft Debuts On London Stock Exchange

    07/20/2006 10:30:36 AM PDT · by sergey1973 · 3 replies · 237+ views
    RFERL ^ | 07-19-2006 | RFERL
    PRAGUE, July 19, 2006 (RFE/RL) -- The controversial initial public offering (IPO) of Russia's Rosneft oil company on London's Stock Exchange was launched today after a last-ditch attempt to derail the flotation failed. The beleaguered Russian oil company Yukos contested the IPO, saying it amounted to the sale of stolen property because Rosneft acquired Yukos's main oil-production arm in a disputed auction. But that argument was shot down by a British court.
  • Russia: Rosneft's Successful Gamble

    07/14/2006 1:02:40 PM PDT · by sergey1973 · 5 replies · 239+ views
    Radio Free Europe Radio Liberty ^ | July 13, 2006 | Roman Kupchinsky
    The suspense and hype surrounding the initial public offering of Russian state-owned oil giant Rosneft -- now expected to take place next week -- has mounted as major oil companies British Petroleum (BP), China National Petroleum Corp., and Malaysia's Petronas have expressed a firm interest in participating. Reports say BP wants to buy a $1 billion stake in the company. The price for one share of Rosneft has risen to the upper end of the $5.85- $7.85 range. The company says it expects to raise well over $11 billion from the sale of up to 14.9 percent of its shares....