President Donald Trump said “massive” oil, gas and mineral exploration was preparing to begin in Greenland, calling it “our new and beautiful Greenland.” He did not identify companies, permits or projects involved. Greenland is a self-governing territory within the Kingdom of Denmark, and the United States’ recent security agreement with Denmark and Greenland grants no special drilling rights. Greenland banned new oil exploration in 2021. Companies have struggled to develop resources there, citing harsh conditions, limited infrastructure and difficult geology.
Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.
