Trump-Linked Oil Firm Claimed Regulatory Progress; Greenland's Government Says No Approval Was Given

Greenland Energy Company told shareholders on August 6 it was advancing through engagement with regulators. Within days, Greenland's government stated it had given no approval after the firm landed drilling equipment on Greenlandic soil. The contradiction leaves the company's planned 2026 Jameson Land Basin campaign without confirmed permits. Greenland banned oil exploration in 2021 over environmental concerns.