EXCLUSIVE Top EU official backs multi-trillion plan to rebuild Ukraine

Rebuilding Ukraine will cost trillions of euros – top EU banks EIB chief Hoyer calls for Marshall-style Plan for Ukraine Urges West and its banks to underwrite Ukraine finances BRUSSELS, May 11 (Reuters) – A top European official has backed a multi-trillion-euro “Marshall” -style plan to rebuild Ukraine, pledging the firepower of the EU lending … Read more

Exclusive: Germany prepares crisis plan for abrupt end to Russian gas

BERLIN, May 9 (Reuters) – German officials are quietly preparing for any sudden halt in Russian gas supplies with an emergency package that could include taking control of critical firms, three people familiar with the matter told Reuters. The preparations being led by the Ministry of Economic Affairs show the heightened state of alert about … Read more

Exclusive right: Chinese refinery avoids new Russian oil trade

Smoke spews from chimneys of oil refinery in Nanjing, Jiangsu Province in eastern China, December 28, 2006. REUTERS / Sean Yong Sign up now for FREE unlimited access to Reuters.com Sign up Sinopec, CNOOC, PetroChina, Sinochem avoid new acquisitions Concerns about sanctions keep state-owned companies in check Some independent refining companies continue to import crude … Read more