Trump says 'massive' oil, gas and mineral exploration to begin in Greenland
Trump said the island holds vast oil and mineral reserves as his administration seeks to expand U.S. security and defense access there.
- On Wednesday, President Donald Trump announced that major oil, gas, and mineral exploration is set to begin in Greenland, writing on Truth Social that the region is "our new and beautiful Greenland."
- This announcement follows a September agreement between the United States, Denmark, and Greenland that expands the American military presence while reaffirming Danish sovereignty over the territory.
- Washington plans to establish two additional military sites at Narsarsuaq and Mestersvig to support Trump's proposed "Golden Dome" missile defense system, which he claims will intercept future threats.
- While Greenland holds significant rare earth elements and potential oil reserves, experts note that severe Arctic conditions and high extraction costs complicate commercial viability, with no established production on the island.
- As diesel averaged $6.2787 a gallon on Wednesday, critics urge the administration to reverse recent deals involving Russia to supply fuel markets, complicating the energy-focused strategy.
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388 Articles
Trump announces upcoming energy exploration and defense expansion in Greenland
WASHINGTON — President Donald Trump declared Wednesday that “massive” energy and mineral exploration is preparing to begin in Greenland, touting the island’s potential for vast, untapped oil reserves while framing its geography as vital to Western national defense. In a post on Truth Social, Trump praised the strategic importance of the Arctic territory, asserting that… The post Trump announces upcoming energy exploration and defense expansion i…
Greenland Mines Applauds President Trump's Focus on Greenland Mineral Exploration, Reinforcing Its Importance to U.S. and Allied Security
Company highlights Sarfartoq rare earths and Skaergaard precious metals as potential contributors to secure Western mineral supply chains CHARLOTTE, N.C., Oct. 14, 2026 (GLOBE NEWSWIRE) — via IBN — Greenland Mines Ltd (Nasdaq: GRML; FSE: HK6) (“Greenland Mines” or the “Company”) today applauded President Donald J. Trump’s statement highlighting preparations for expanded mineral exploration in […]
President Donald Trump of the United States continues to try to lower the price of oil and fuel on the eve of the mid-term congressional election.
President Trump is toying Greenland as both a military shield and a resource bonanza. "Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland!" Trump noted in a Truth Social post early Wednesday, claiming that some experts believe the island's easily captured oil...
Massive exploration in Greenland by the United States will begin to find natural resources; it will also serve as a point for military intervention.
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