StockMarketWire.com - Rose Petroleum, the AIM-listed natural resources company, has been granted a new concession covering circa 657,000 acres in the Weiden Basin, Bavaria, for hydrocarbon exploration. The Licence begins Feb. 1 for an initial period of three years. The terms obligate Rose to carry out a programme of works over a three- year period to include 2D seismic and geophysical measurements designed to create a geological model of the licence area at an estimated cost of about 0.9m euros. Separately, Read more [...]

Picture: www.president.bg Munich. President of the Republic of Bulgaria, Rosen Plevneliev, is on a working visit to Germany where he will take part in the 50Th Munich Security Conference, the press centre of the President’s Office announced. Close to twenty heads of state and government and fifty foreign and defence ministers are expected to participate in the conference. German President Joachim Gauck will open the conference with a speech in the afternoon. Read more [...]

KULMBACH, Germany, Jan. 31 (UPI) -- A planned high-voltage power line seen as a key element of Germany's energy transition this week drew protests from Bavarians along its proposed route.More than 1,000 people Tuesday crowded into the town hall in Kulmbach, Germany, about 70 miles north of Nuremburg, to voice angry opposition to plans from grid operators Amprion and 50Hertz to build a 280-mile high-voltage transmission line in southern Germany.The companies Read more [...]