An American company says it's positioned to tap into a potentially massive oil prospect in Greenland next year, following President Donald Trump's announcement that resource exploration "is getting ready to begin" on the Arctic island.Greenland Energy Company is in the permitting process to drill its first well in 2027 in eastern Greenland, according to CEO Robert Price. The company claims that its project, in partnership with British company 80 Mile, holds the sole oil permits for exploratory drilling in Greenland, which makes it a potential key player in Trump's interest in Greenland's resou...
US oil company holds key to Trump's Greenland drilling ambitions
HALO Newsroom
Oct 24, 2026 • 2 hours ago
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