Trump Says Greenland’s Oil Rush Is Beginning. The Only Company Positioned to Drill Still Needs Permission.
Trump’s Greenland Oil Rush Still Exists Mostly on Paper Donald Trump made Greenland’s energy future sound imminent. “Massive Oil, Gas, and Mineral Exploration is getting ready to begin,” the president wrote on Truth Social this month. There is now an American company with a project that gives that announcement something tangible to point toward — but drilling has not started, and Greenland has not yet approved it.
Greenland Energy Company, working with British company 80 Mile, plans to drill an exploratory well in Jameson Land in East Greenland in 2027. CEO Robert Price told Fox Business that the company is moving through Greenland’s permitting process and would operate the project if approval is granted.
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