A Trump-linked oil venture has delayed plans to begin exploration drilling in Greenland until winter 2027 after local authorities warned its partner for bringing equipment ashore without the required approval.
Nasdaq-listed Greenland Energy Company and London-listed 80 Mile had been preparing to explore the Jameson Land Basin on Greenland's east coast. The companies are now working toward a revised permitting timeline after authorities said the necessary regulatory process could not be completed before the planned drilling campaign.
