Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jordan Blum

A small Texas company’s bid to create a Greenland oil boom—and a Dr. Phil documentary—is delayed but undaunted

(Credit: Emil Stach/Ritzau Scanpix via AP)

Amid the tensions spurred by President Donald Trump’s proclaimed desire to annex Greenland, one Texas driller made plans to create an oil boom along the Danish territory’s sparsely populated east coast. But those aspirations are now facing repeated delays in the face of regulatory and community pushback.

The first test well was slated to be drilled this summer with a camera crew overseen by producer Phil “Dr. Phil” McGraw to document the effort. As local opposition escalated and permitting slowdowns took hold, the drilling was delayed to the winter—upon the government’s request—and now, after an additional kerfuffle this week concerning the movement of drilling equipment, the project was further pushed back until the end of 2027, essentially an 18-month delay.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.