Roundup: CF Industries / The Boot Doubles Military Placements / Greenland Drill Delay
The companies now aim for winter 2027 permits after Greenland officials warned that drilling gear was landed without required approvals.
- Greenland Energy Company and 80 Mile delayed drilling plans for the Jameson Land Basin until winter 2027 after Greenland's government issued a "strong warning" regarding unauthorized equipment landings.
- White Flame Energy landed drilling equipment near the Nerlerit Inaat airport without securing necessary permits from Greenland's mineral resources authority, triggering the formal government notice.
- Shares of Greenland Energy closed more than 44% lower Wednesday, while 80 Mile fell over 20%, amid scrutiny over the firm's ties to President Donald Trump and Greenland Energy Chairman Larry Swets.
- Greenland Energy Company CEO Robert Price said the firm will "take the warning very seriously," pledging to refine plans and work closely with local authorities moving forward.
- Even as U.S. Special Envoy to Greenland Jeff Landry promotes renewed exploration, Greenland maintains a 2021 moratorium on new licenses, with 21 previous wells proving unsuccessful.
33 Articles
33 Articles
Drilling activity in the Arctic is postponed despite statements by the president's envoy about taking oil next year. More information: Greenland, rare earth paradise and gateway to Arctic control: why Trump wants to conquer it.
Greenland warns that an oil company linked to Trump is attempting to start drilling in its territory without a licence Greenland has forced a controversial U.S. oil project to start drilling in its territory without a license in the interest of the U.S. to annex this Danish autonomous territory. “The Naalakkersuisut (Groendian Government) estimates that the exploration activities proposed by Greenland Energy in Nunap Qeqqa (Jameson Land, East Gr…
The government of Nuuk blocks until next winter the drillings of the American Greenland Energy, tied to the entourage of the US president: "The cards are missing." On the stock exchange the title loses a third of the value. And the comparison between the public accounts of Washington and Copenhagen reveals who can really afford to enrich the island
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