politics
Greenland forces Trump-linked US oil firm to delay drilling
US envoy had claimed Americans could be extracting crude by as early as next year
TL;DR
- Greenland authorities have postponed drilling plans for US oil company Greenland Energy, linked to Donald Trump.
- The necessary regulatory process and approvals could not be completed before the planned start of drilling.
- Environmental and social impact assessments were a concern for Greenlandic officials.
- Drilling could now potentially commence in winter 2027, delayed from earlier predictions.
- Greenland Energy brought drilling equipment ashore in July without full permission, drawing a warning.
- The company and its partner 80 Mile remain committed to the project, citing ongoing regulatory processes.
- Connections to the Trump administration include a Wall Street billionaire investor and a US navy veteran on the board.