Oil companies turning their backs on Greenland
Greenland’s hopes of developing into the world’s next big oil excavation centre are turning sour, with three large energy companies pulling the plug o...
Greenland unlikely to gain independence from Denmark
Greenland is unlikely to be granted economic independence from Denmark despite its mineral wealth and offshore oil.
Statoil given Greenland exploration licence
Statoil has been handed a licence to carry out an oil exploration programme off the northeast coast of Greenland.
Cairn Energy makes deal for two Greenland rigs
Cairn Energy has announced a significant step forward in its hunt for oil in Greenland after securing two rigs for its drilling campaign.