Greenland Rebukes Trump-Linked Oil Company Over Unauthorized Drilling Plans
Greenland's mineral resources authority has issued a sharp rebuke to Greenland Energy, a Texas-based oil company linked to President Trump, for transferring drilling equipment to East Greenland without prior approval. The company plans to explore for oil in the Arctic basin, claiming potential reserves worth $1 trillion. The Greenlandic government emphasized that all logistical activities must be pre-approved, highlighting the political sensitivity surrounding the project. The company's chairman, Larry Swets, reportedly has connections to Trump's circle, raising concerns about the geopolitical implications of the venture.