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Greenland Energy

All articles tagged with #greenland energy

energy1 hour ago•8 min saved

Greenland Energy Halts Drilling After Dr. Phil Podcast Sparks Political Backlash

Greenland Energy has suspended all drilling operations until 2027 after a promotional partnership with Dr. Phil triggered a political crisis in Greenland. CEO Robert Price, who holds exclusive rights to the Jameson Land basin, faced backlash from local regulators and the public due to the company's ties to Trump allies and the high-profile media campaign. The project, which targets up to 13 billion barrels of oil, is now stalled as the company attempts to repair its regulatory standing.

via CNN|

#arctic-oil #dr-phil #energy

world1 month ago•8 min saved

Greenland Energy Arctic Oil Venture Delayed by Regulatory Hurdles

Greenland Energy’s planned onshore drilling in Greenland’s Jameson Land Basin is paused as regulators say the necessary approvals aren’t in place after equipment was moved without authorization, delaying any start until at least winter 2027. The government issued a stern warning to the licensee to obtain proper approvals for all future logistics, while the U.S.-linked project draws international attention amid broader geopolitical tensions over Greenland’s oil potential.

via Yahoo News UK|

#greenland-energy #greenland-government #jameson-land-basin

world2 months ago•4 min saved

Greenland warns against unpermitted drilling as Trump-linked oil firm preps to drill

Greenland Energy, a Texas-based company linked to Donald Trump, has begun moving drilling equipment into Jameson Land without formal permission, prompting Greenland’s government to issue a strong warning that all landings and drilling require approval from the mineral resources authority. The firm plans two wells with about $60 million in funding, claiming large oil reserves, while regulatory clearance is still being sought, amid environmental protections and political pressure over Arctic resources.

via The Guardian|

#donald-trump #greenland #greenland-energy