Greenland has ruled out a 2026–27 winter well at Jameson Land, pushing the proposed drilling campaign toward late 2027. The delay does not prove the basin lacks oil or settle the wider sovereignty dispute,

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. An energy exploration company hoping to begin oil drilling in Greenland next year says U.S. President Donald Trump’s threats ...

A controversial federal decree to restart oil drilling off the coast of California has drawn concern from state and municipal government officials, civil and environmental groups, and local fishermen.

An array of market realities, not the inability to find or drill more oil, may limit U.S. producers long-term.

In August 2026, equipment for the Jameson Land oil project was moved without the necessary government approval, which led Greenlandic authorities to issue a warning. What's False As of August 2026, Greenland Energy had not begun drilling, and there was no ...

If you’re anticipating a big oil and gas drilling boom to happen during the coming second term for President-elect Donald Trump, you would do well to temper that expectation. Those who have been loyal readers of my stories over the years know my firm ...

ExxonMobil (NYSE:XOM) is stepping up its use of automated drilling technology in the Permian Basin as the U. S.

US oil drilling activity has dropped to near post-pandemic lows due to low oil prices and cost inflation, with the rig count falling for over two years. Oil companies are prioritizing shareholder returns through dividends and buybacks, even resorting to ...