Russia settles with ExxonMobil in tax dispute

A legal dispute concerning over-taxation of more than USD 600 million has been resolved in a "a mutually beneficial compromise," informs the Russian Ministry of Finance.

Photo: ritzau/AP/Alexei Druzhinin

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German wind prices rise by one fifth

After dramatic price declines and major criticism of German onshore wind auctions, the average price saw a significant boost in the first auction since the provisional tightening of the rules for citizen projects. Solar power is thus cheaper than wind.

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