Licence to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland

🌐 The Guardian (GL) —
Licence to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland

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Greenland Energy, a Texas company linked to Donald Trump, claims to have permits to drill oil in Greenland, though local authorities in Nuuk deny these permits. The firm is deploying significant drilling equipment to prove substantial crude oil reserves beneath Greenland territory.

Greenland Energy says billions of barrels of crude lie beneath territory and claims it has exploration permits – a claim flatly denied by Nuuk On 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. “So,” Robert Price said via an interpreter, “we have a project to drill for oil here.” The Texas oil company that Price represents, Greenland Energy, hopes to prove that billions of barrels of crude lie underground by bringing in 300 shipping containers of drilling kit. Continue reading...

World Security Conflict Politics Real Estate Commodities Energy Shipping Greenland oil drilling Greenland Energy drilling permits Trump-linked crude oil territorial dispute shipping containers

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