Greenland Energy

Environmental surveys in East Greenland have been completed, marking a key step before any decision on oil or gas drilling in the region. The findings are expected to inform authorities weighing whether to approve exploration off Greenland's east coast. The announcement is likely to draw attention from both energy firms and environmental groups concerned about Arctic drilling.

The chief executive of Greenland Energy has publicly declared that 'the world needs oil', a statement drawing attention given ongoing debates over the global energy transition and the push to phase out fossil fuels. The remarks underscore tension between continued oil demand and climate commitments, and have been picked up by international outlets.