An American oil company linked to Donald Trump wants to explore for oil in eastern Greenland despite opposition from local authorities. Greenland Energy, a Texas company founded in 2025, aims to drill in the remote Jameson Land region, where it claims a huge hydrocarbon deposit may be located.
Before drilling can begin, however, various permits will be needed. And the Greenlandic government has already sent a “strong warning” to the company involved in the project: some equipment intended for the construction and operation of the logistics camp was transferred to the Nerlerit Inaat area without having previously obtained all the necessary authorizations from the competent authorities.
The Greenland government then formally recalled White Flame Energy, the company that holds the mining licenses involved in the project, specifying that all subsequent logistical operations will have to be discussed and approved by the mineral resources authority before being carried out.
The “trillion dollar” oil
Greenland Energy presents Jameson Land as one of the great unexplored frontiers of the oil industry. According to estimates released by the company itself, there could be resources worth over 13 billion barrels of oil underground, with a theoretical value that could reach the order of one thousand billion dollars.
In 2021, the Greenland government has in fact decided to stop issuing new licenses for oil and gas exploration. The decision was based on both environmental and climatic reasons and doubts about the economic convenience of extracting hydrocarbons in one of the most remote and difficult regions on the planet.
However, the Jameson Land project can continue because it uses rights granted before the stop. The licenses are attributable to White Flame Energy, a company linked to the British 80 Mile.
Trump’s environmental ties
Jeff Landry, governor of Louisiana and presidential envoy to Greenland, has publicly expressed interest in the project.