Licence to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland
Summary
A Texas oil company linked to President Donald Trump is trying to drill for oil in Greenland. The company says it has permission to bring equipment and wants to start drilling soon, but Greenland’s government says no active permits have been granted. The situation raises tension over American business interests and political influence in Greenland.Key Facts
- Greenland Energy, a Texas oil company tied to President Trump’s backers, plans to drill for oil in Greenland.
- The company claims it has a permit to bring drilling equipment but has not received final approval to start drilling.
- Greenland’s resources ministry denies there are any active permits or permissions for exploration.
- The company is shipping equipment to Greenland’s east coast on an Arctic-capable vessel, planning to begin drilling in October.
- Jeff Landry, President Trump’s special envoy to Greenland, promotes the idea Greenland could soon export 2 million barrels of oil per day.
- Greenland stopped issuing oil exploration licenses in 2021 due to environmental concerns after 50 years of unsuccessful attempts.
- Some Greenlanders are worried about American companies and political efforts threatening their peaceful way of life.
- President Trump has expressed interest in Greenland for its natural resources and potential strategic importance.
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