Greenland Drilling Delayed by Regulatory Hurdle | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded19 Aug 2026

Publisherfeeds.acast.com ↗

Handlerec:20065929

Show notes

Greenland Energy’s big oil drilling push in East Greenland just got delayed until 2027 after equipment arrived without government approval—halting plans that once aimed for a 2026 start. The Jameson Land Basin, partnered with British firm 80 Mile Plc, holds potential for up to 13 billion barrels of oil, but regulatory hurdles and environmental reviews can’t be rushed. A July barge drop-off sparked the pause, as authorities demanded prior permission for future operations. Once bullish with a rig and Halliburton on board, the company now faces a long wait—but the stakes remain enormous. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d0721656c5aeddf1

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.