Beacon Energy shares plummet despite ‘excellent’ well findings Beacon Energy PLC, a Germany-focused upstream oil and gas company, experienced a 22% drop in its share price despite announcing ‘excellent’ well findings. The company stated that it could achieve high rates of production from its Schwarzbach-2(2.) well due to the discovery of oil-bearing reservoirs in the […]
UK House Prices Experience Sharpest Annual Drop in 14 Years In a significant blow to the UK housing market, house prices have suffered their sharpest annual drop in 14 years. Data released by Halifax, Britain’s biggest mortgage lender, revealed that prices fell by 4.6% in August, marking the largest year-on-year decrease since 2009. The decline […]
