Greenland Warns Trump-Linked Firm over Unauthorized Drilling Plan
A Texas-based oil company chaired by an entrepreneur thought to be close to U.S. President Donald Trump is moving drilling equipment in Greenland in preparation for an oil drilling campaign. However, the drilling plans or the moving of the equipment have not been authorized by the Greenland authorities yet, although a process to do so is under review at present. That’s why Greenland’s government…
A Texas-based oil company chaired by an individual connected to former U.S. President Donald Trump is preparing to drill for oil in Greenland, despite the lack of authorization from local authorities. The Greenland government issued a stern warning, stating that future logistical matters must be approved by the mineral resources authority before implementation.
The company, London-listed 80 Mile, is partnering with U.S. Greenland Energy Company, which has pledged to fund 100% of the costs for up to two exploration wells in the Jameson Land Basin. Greenland Energy confirmed they are actively engaged in technical planning, operational readiness, logistics, and overall project coordination.
The decision to focus on one exploration well during the 2026-2027 winter program was made following discussions with Greenlandic authorities. Despite the potential for significant economic benefits, analysts remain skeptical of the feasibility and economic viability of extracting resources from Greenland, citing the island's remote location, inhospitable climate, and lack of necessary infrastructure.
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