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Oil Firm regrets Trump-Greenland row overshadowing drilling project

Summary by Newsweek
The company holds a license to an area in East Greenland that developers say could hold $1 trillion in oil.

4 Articles

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A small U.S. company wants to start funding against Greenland laws in a timely manner. It is closely interwoven with the Trump administration.

·Berlin, Germany
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"Can a seal skin unlock the richest oil deposits in the Arctic?" This unexpected geopolitical question is the strategy of a Texas energy company, which... The "seal skin diplomacy" - The American trick for drilling in the Arctic - NAVTEMPORIKI

The chairman of an American oil company has proposed to the White House that it lift the ban on seal skin imports. He believes that lifting the ban will strengthen relations between the United States and Greenland.

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Newsweek broke the news in New York, United States on Friday, August 21, 2026.
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