The Yukos oil firm has formally ceased to exist following the completion of the company's liquidation process, the Yukos bankruptcy administrator said on Thursday in Moscow.
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Russia's biggest oil producer, Rosneft, has announced plans to buy hundreds of filling stations and oil-production units that once belonged to the bankrupt oil giant, Yukos.
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Kazakhstan's newly appointed prime minister, Karim Masimov, today ordered his cabinet to ensure that oil producers working in the country meet their contractual obligations.
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