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Licensed to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland

The Guardian Business Thursday 09 July 2026, 13:52 UTC By Tom Burgis 1 min read
Key Points

Greenland Energy says billions of barrels of crude lie beneath territory and claims it has exploration permits – a claim flatly denied by NuukOn 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. “So,” Robert Price said via an interpreter, “we have a project to drill for oil here.

Greenland Energy says billions of barrels of crude lie beneath territory and claims it has exploration permits – a claim flatly denied by Nuuk

On 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. “So,” Robert Price said via an interpreter, “we have a project to drill for oil here.”

The Texas oil company that Price represents, Greenland Energy, hopes to prove that billions of barrels of crude lie underground by bringing in 300 shipping containers of drilling kit.

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Trump (ORG) Texas (LOCATION) Greenland Greenland Energy (ORG) American (ORG) Greenland (LOCATION) Donald Trump (PERSON) Robert Price (PERSON) Price (ORG) Greenland Energy (ORG)
Originally published by The Guardian Business Read original →

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