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US oil company holds key to Trump's Greenland drilling ambitions

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 […]

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“Our new and wonderful Greenland,” US President Donald Trump said as he announced preparations for large-scale mineral exploration on the world's largest island. Actually, it was thanks to the desire of the American president to gain control of the island that many people in the world began to wonder what is so special about this Greenland and whether penguins live there. Lviv writer, business coach and traveler Lyudmila Kalabukha told about the…

·Kyiv, Ukraine
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Fox Business broke the news in New York, United States on Saturday, October 24, 2026.
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