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The Nexus
BUSINESSAug 14 · 07:07 UTCFORTUNEJordan Blum

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

A Texas company planned an oil boom on Greenland’s east coast, but the project has faced multiple delays due to regulatory and community pushback, eventually being pushed back until the end of 2027. Despite significant financial setbacks for Greenland Energy following its public listing, CEO Robert Price stated he remains undeterred regarding the goal of extracting many billions of barrels of oil.

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