Support CleanTechnica's work through a Substack subscription, on Patreon, or on Stripe. Help us produce all of the high-quality, original content we publish week after week despite the challenges of content-scraping AI, antisocial media, inflation, and other hurdles.
Whelp, that was fast. If US President Donald Trump planned to enter Greenland through a catering container, as it were, he just failed. The self-declared US firm “Greenland Energy Company” was all set to drill for oil in Greenland, without a permit, which is totally on brand for Trump, who reportedly has a personal connection to the firm. As may be expected, the plan soon unraveled and Greenland Energy put the plan on hold — while passing the buck to another company, of course.
Greenland Energy’s Oil Scheme Flops, Bigly
Here’s the entire scoop from Greenland Energy Company, posted by the press release distribution firm prnewswire:
DENVER, Aug. 11, 2026 /PRNewswire/ — Greenland Energy Company (the “Company”) (NASDAQ: GLND) today announced that it has received an update from its JV partner, 80 Mile plc (AIM: 80M), which is leading the permitting process for the Company’s Greenland project. Based on information received by 80 Mile from the Government of Greenland, the project’s complexity will require a more extensive, comprehensive review process. The partners are now working toward a targeted permit timeline for winter 2027.
