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The Motley Fool December 17, 2004 Rich Smith |
YUKOS' Hollow Victory The Russian company wins a legal skirmish. The trick will be to figure out how to legally require a sovereign nation like Russia to agree to international arbitration of an internal (albeit possibly illegal) tax claim against one of its own domestic companies. |
The Motley Fool December 20, 2004 Rich Smith |
YUKOS Cored The Russian oil giant is stripped of a key production asset. It was a heretofore unknown company called BaikalFinansGroup that placed the winning (and only) $9.3 billion bid for Yuganskneftegaz. |
The Motley Fool December 23, 2004 Rich Smith |
Russian Shell Game Someone's playing "hide the oil company." Investors in Russia this week can be forgiven for thinking they're playing against the house in a rigged game of chance. Because they are. And it is. |
BusinessWeek August 2, 2004 |
A New Blow To Investors In Russia Russian oil company Yukos is about to be financially destroyed |
BusinessWeek June 14, 2004 |
Yukos' Troubles Hit Russia's Market Russia's stock market has nosedived amid growing fears that Yukos, Russia's largest oil company by market capitalization, is on the brink of bankruptcy. |
The Motley Fool July 9, 2004 Bill Mann |
YUKOS' Slippery Situation The world's fourth-largest oil company teeters on the brink of bankruptcy. Is it all for governmental revenge? |
BusinessWeek December 20, 2004 Jason Bush |
The Bigger Gazprom Grows, the Further Russia Backslides Yugansk, the main production subsidiary of the troubled Russian oil company Yukos, looks almost certain to be acquired by Gazprom, Russia's giant state-dominated gas concern. If the deal goes through, serious market reform is endangered. |
The Motley Fool November 29, 2004 Rich Smith |
YUKOS' American Brain Drain The company is in the midst of a full-scale exodus of top officers, including both of YUKOS' American-citizen managers -- the chief financial officer and the chief executive -- despite neither one being under any official indictment. |
The Motley Fool November 22, 2004 Rich Smith |
Death and Taxes in Russia Fateful words. Over the past month, Russia's tax police have been very busy, "discovering" huge arrears in taxes owed for fiscal years 2002 and 2003. Total tax demands on YUKOS now stand at roughly $25 billion. |
BusinessWeek October 11, 2004 Jason Bush |
The Yank Caught in Yukos' Nightmare The job of rescuing the Russian oil giant has fallen to an American who arrived in Moscow just over a year ago. Now, CEO Steven Theede has a thankless job: Trying to hold the company together. |
BusinessWeek August 16, 2004 Jason Bush |
The Kinks In Russia's Oil Pipeline If Yukos is dismembered, the surviving private companies are bound to think twice before investing. Global oil markets -- and Russia -- would suffer as a result. |
BusinessWeek July 12, 2004 |
Stepping Up The Pressure On Yukos A Moscow court ruled on June 29 that oil company Yukos must pay $3.4 billion in back taxes and fines. |
The Motley Fool July 28, 2004 Bill Mann |
YUKOS: From Dismal to Worse The Russian government claims it doesn't want to take down YUKOS, but that's what it's doing. |
BusinessWeek October 10, 2005 Jason Bush |
Underwriting Putin's Oil Lured by future fees, Western banks are funding the Kremlin's energy deals. |
The Motley Fool September 13, 2004 Rich Smith |
Russian Bear Gains Weight Despite a spate of bad news, Russia's economy continues to grow. By buying into some gold-standard U.S. companies, an investor can partake of Russia's growth while considerably limiting the risk of suffering a "YUKOS." |
The Motley Fool October 18, 2004 Rich Smith |
Russia Names Its Price YUKOS provides a real-life example of expropriation by taxation. |
The Motley Fool December 22, 2004 Bill Mann |
Deconstructing YUKOS Consider what happened with YUKOS. It's important to consider a country's political stability and property rights when you invest overseas. Just remember, your rights may not be protected. |
The Motley Fool November 17, 2005 Bill Mann |
International Superstar Stocks: A Cautionary Tale International investors beware -- some countries place corporate power grabs over shareholder rights. |
The Motley Fool July 12, 2004 Rich Smith |
Russian Market in Gulag Investors have been punishing such fine companies as telecoms Mobile Telesystems, VimpelCom, and dairy king Wimm-Bill-Dann for the sins of the oil barons who run Russia's oil and gas sector. |
The Motley Fool December 29, 2004 Rich Smith |
Russians Invade West Virginia Major Soviet steelmaker continues U.S. buying spree. |
BusinessWeek May 31, 2004 Kranz & Bush |
When Powers Collide: Putin vs. Khodorkovsky Many in Moscow say the real reason for the Kremlin's attack was the tycoon's campaign last summer to stymie all efforts to raise taxes on the oil industry, which was raking in billions of extra profits as the price of crude rose. |
BusinessWeek July 19, 2004 |
Yukos: The Moment Of Reckoning Tax and loan bills for Russia's second-largest oil company are now past due. How will Putin choose to wield his ax? |
BusinessWeek October 4, 2004 |
Total Makes A Move In Russia's Oil Patch French oil giant Total has bought about 25% of Novatek, Russia's largest independent gas producer, for an estimated price of $1 billion. |
BusinessWeek February 28, 2005 J. Bush & W. Zellner |
Russia: So Much For The Oil Giants' Next Frontier For global oil companies desperate to replace their dwindling reserves, Russia is increasingly tipped as the next frontier. |
BusinessWeek October 11, 2004 |
Buying A Piece Of Russia ConocoPhillips bought a 7.59% stake in Russia's biggest oil company, and may up its stake to 20% within two or three years. |
BusinessWeek July 25, 2005 Jason Bush |
What's Holding Back A Flood Of Russian Oil If Russia is pumping so much crude, why does oil cost $60 a barrel? One reason is that Russia's oil boom has been followed by a dramatic crunch. |
BusinessWeek April 10, 2006 Jason Bush |
Rosneft: A Deal Both Tempting And Troubling Russian oil giant Rosneft has vast reserves, but its controversial past has investors wary. |
The Motley Fool July 12, 2005 Rich Smith |
Investing in Russia? Try Funds Reuters says Russia's on sale. But how do you buy? Go with one of these Morningstar-rated funds: ING Funds Russia... Third Millennium Russia... |
The Motley Fool February 10, 2005 Rich Smith |
Russia's Sistema Ain't YUKOS The parent company of the largest Russian cellular provider has a lot going for it as it goes public. So, is it a buy? |
Geotimes April 2004 Naomi Lubick |
Russian Oil Rumbles With the recent arrest of a Russian oil "oligarch" and the disruption of a merger between two of the country's largest oil companies, the seeming shift in the Russian government's attitude toward its oil companies may herald future change in how the western oil industry does business there. |
BusinessWeek September 13, 2004 Jason Bush |
Getting Past Yukos At a time when oil prices are spiking and new fields are scarce, the global oil companies are looking hungrily at Russia despite the Putin vs. Yukos debacle. |
BusinessWeek October 25, 2004 Jason Bush |
The Great Russian Deal Bazaar Never mind Yukos. As equities soar, bankers flock to Moscow. |
BusinessWeek October 20, 2003 Jason Bush |
Murky Dealings In Russia's Oil Patch Why is the Kremlin going after giant Yukos just when it may be on the verge of a megadeal with Exxon? |
Knowledge@Wharton |
Yukos and the Wild, Wild East: Can Putin Win the Showdown? Wharton faculty and others offer different interpretations of the reasons for Russian oil tycoon Mikhail Khodorkovsky's jailing and the potential fallout for Russian businesses and foreign investors. |
The Motley Fool January 24, 2007 Vitaliy Katsenelson |
Russia: We Don't Need the West Anymore Did the Russian government muscle Shell out of Sakhalin? Here is a look at the $7.5 billion sale and the long-term implications if Russia disregards Western investment. |
The Motley Fool September 28, 2005 Stephen D. Simpson |
A Gazprom Date Putin takes another step forward in bringing more of Russia's energy assets under government control. From the looks of it, Gazprom is getting a good deal. Investors, take note. |
BusinessWeek March 7, 2005 Jason Bush |
In Russia, The Taxman Cometh -- Again And Again More companies in Russia are getting slammed by back-tax bills. As long as Putin cares more about political control than about Russia's investment climate, businesses will continue to wonder if they could be the next Yukos. |
BusinessWeek April 23, 2007 Jason Bush |
Business In Russia Just Got Riskier Former Yukos auditor PwC could face criminal charges in a politically tinged case. |
National Real Estate Investor December 4, 2003 |
Investor Group Bags Enron Building for $55.5M Houston's Enron Building has fetched $55.5 million from a group of investors. The 50-story glass tower was sold via private auction on Tuesday, but the sale must still be approved by a New York federal bankruptcy court judge. The investor group is led by a Houston cardiologist. |
The Motley Fool July 1, 2005 Rich Smith |
Russia's Taxing Quarter It looks like 29% of revenues go directly to the state treasury before pre-tax profits are even calculated. While that may not make Lukoil or its investors very happy, it makes Russian oil analysts' jobs a whole lot easier. |
BusinessWeek September 22, 2003 Jason Bush in Moscow |
Russia's Stock Market Is Full of Gas With prices up and fear of Kremlin meddling in business fading, investors are pouring into Russian stocks. Will it last? |
The Motley Fool September 15, 2004 Rich Smith |
Russia Combines Oil and Gas Gazprom and Rosneft will merge and trade freely, but rather than being tempted to buy into the rapidly appreciating Gazprom, investors should consider sitting this oil rush out. |
BusinessWeek July 4, 2005 |
Is The Economic Boom Ending For Russia? Concerns are growing about Russia's economy. |
BusinessWeek May 30, 2005 Jason Bush |
The Coming Out Of Corporate Russia In Russia, the IPOs are finally flowing, and foreigners are lapping them up. |
BusinessWeek May 2, 2005 Jason Bush |
Mixed Messages From The Kremlin As Putin tries to win back foreign investment, nationalist forces seem to be pushing it away. But foreign investors also know that with Russia, patience can pay off. |
BusinessWeek November 17, 2003 |
Ups And Downs For Russia's Yukos Investors in Russian oil giant Yukos were cheered on Nov. 3, when imprisoned Chief Executive Mikhail Khodorkovsky resigned and news leaked that Simon Kukes, a well-known Russian-American oil man, would take his place. But Yukos' troubles aren't over. |
The Motley Fool December 31, 2004 Rich Smith |
VimpelCom Calls in the Cavalry Investors in the Russian telecom should be reassured by the nine-fold reduction in their company's tax assessment. It's strong evidence that their company, at least, does have some friends in the Kremlin. |
BusinessWeek November 10, 2003 Jason Bush in Moscow |
Russia: A Big Chill For Business? Putin's move against Khodorkovsky probably won't extend to others. |
BusinessWeek March 21, 2005 Jason Bush |
Cracks In The Kremlin A messy battle over the control of oil assets is the latest sign that Putin's administration is in disarray. |
The Motley Fool July 28, 2004 Rich Smith |
ConocoPhillips Looks East The oil and gas company is rumored to be preparing a big investment in Russia's Lukoil. |