Trump Announces “Massive” Greenland Oil Exploration Plans

“Massive” oil, gas, and minerals exploration will soon begin in Greenland, U.S.

President Donald Trump said on Wednesday, claiming that the territory has enormous resources of readily available oil.

Last month, the United States, Denmark, and Greenland signed an agreement to strengthen defense and security in the Arctic and North Atlantic, easing months of tensions over President Trump’s frequent threats to seize the Danish territory.

The agreement reaffirmed Danish sovereignty and the right to self-determination of Greenland… Home Oil Prices Oil Futures Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Geopolitics Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Company News Breaking News Premium Articles My Account Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S.

Blends WTI Crude • 11 mins 95.33 +1.19 +1.26% Brent Crude • 11 mins 106.5 +0.81 +0.77% Murban Crude • 16 mins 110.6 -1.67 -1.49% Natural Gas • 11 mins 3.301 +0.018 +0.55% Heating Oil • 11 mins 4.955 +0.021 +0.42% Gasoline • 12 mins 3.252 +0.002 +0.05% Click Here for 150+ Global Oil Prices Gasoline • 12 mins 3.252 +0.002 +0.05% Heating Oil • 11 mins 4.955 +0.021 +0.42% WTI Midland • 4 hours 95.24 +0.42 +0.44% Opec Basket • 1 day 112.3 -1.73 -1.52% Indian Basket • 7 days 121.1 +3.47 +2.95% Click Here for 150+ Global Oil Prices What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… “Massive” oil, gas, and minerals exploration will soon begin in Greenland, U.S.

President Donald Trump said on Wednesday, claiming that the territory has enormous resources of readily available oil.

Last month, the United States, Denmark, and Greenland signed an agreement to strengthen defense and security in the Arctic and North Atlantic, easing months of tensions over President Trump’s frequent threats to seize the Danish territory.

The agreement reaffirmed Danish sovereignty and the right to self-determination of Greenland residents.