3 weeks ago

Trump-linked oil firm prepares Greenland drilling without approval

Trump-linked oil firm prepares Greenland drilling without approval
Why is Greenland warning a Trump-linked oil company against its secret drilling plans? · indianexpress.com

An American oil company called Greenland Energy is linked to US President Donald Trump.

Greenland is a huge, icy island that is part of the Kingdom of Denmark but has its own government.

The company wants to look for oil under a place called Jameson Land.

Workers brought heavy equipment to the shore without asking permission first.

Greenland's government sent a strong warning that every step must be approved before it happens.

Greenland stopped giving out new oil permits in 2021 to protect nature, and the drilling area is protected by an international wetlands treaty.

The company thinks there could be a trillion dollars' worth of oil underground and plans to spend 60 million dollars to find out.

Greenland's leaders are in a tight spot: saying yes might hurt the environment, but saying no might give Trump a reason to push harder to take over the island.

Trump posted a picture of himself standing over a Greenland village, and his special envoy says Greenland could be pumping oil next year.

Key facts

Company
Greenland Energy — Texas-based, set up last year
Political link
Connected to US President Donald Trump and his circle
Project location
Jameson Land (Nunap Qeqqa), eastern Greenland
Claimed oil value
Up to $1 trillion of crude beneath Jameson Land
Planned investment
$60 million; one exploratory well to start
Exploration rights
Held by UK firm 80 Mile; Greenland Energy to take a majority stake
Greenland oil policy
No new oil licences since 2021; area under Ramsar Convention protection
Approval status
No permission granted; application still under processing

Quotes

Greenland Ministry of Mineral Resources

Official from Greenland’s mineral resources authority

“Recent high‑level meetings between project leadership and Greenlandic regulatory and oversight authorities have been constructive, and we continue to be encouraged by the progress being made toward the remaining approvals required for drilling.”
firstpost.com
“All future logistical matters must be advised and approved by the mineral resources authority – before they are carried out.”
firstpost.com news18.com

Larry Swets

Chair of Greenland Energy

“The project was not connected to any effort to annex Greenland. The company expected to receive permission to drill soon.”
news18.com
“Our enthusiasm for the project led us to communicate in a way that created confusion.”
firstpost.com indianexpress.com

Sources

Related news