UK 04:14 Friday, 30 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Coal gasification play Cluff Natural Resources (CLNR) has signed a memorandum of understanding with Halliburton, the $21 billion (£14 billion) US oilfield services giant, to collaborate in developing AIM-quoted Cluff’s Underground Coal Gasification (UCG) and Southern North Sea gas assets in the United Kingdom. Cluff, spearheaded by veteran entrepreneur and executive chairman Algy Cluff, has so far won eight UK licences for deep UCG covering 613 sq. km., as well as five promote licences covering 11 blocks in the Southern North Sea, and the company cites this new agreement with a major world participant as ‘a significant step’ towards ‘the commercialisation of its deep UCG licences in the UK to unlock the vast energy potential of the country’s un-mined offshore coal resources’.
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