latest news in Arctic Drilling

US Oil Firm Ignores Greenland Rules to Target One Trillion Dollars in Arctic Oil

US Oil Firm Ignores Greenland Rules to Target One Trillion Dollars in Arctic Oil

Nuuk, Sunday, 9 August 2026.
Greenland issued a formal warning to a US-backed oil firm after it landed unauthorized drilling equipment to target an estimated $1 trillion in crude, despite a 2021 exploration ban.