Chevron Shows Interest In Bankrupt Yukos

Law360, New York (February 9, 2007, 12:00 AM EST) -- Starting what could become an international bidding war for the last parts of what was once the crown jewel of Russia's oil industry, Chevron Corp. has expressed an interest in buying assets of bankrupt OAO Yukos.

“We have received a letter from Chevron and a number of other big international companies about their interest in buying some of Yukos's assets, specifically in upstream," said Nikolai Lashkevich, a spokesman for Yukos’ bankruptcy supervisor, Eduard Rebgun.

Chevron could not be reached for comment.

Rebgun, who is acting as...
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