Europe / Caspian / CIS
Country profile: Greenland
| Location: | Northern North America, island between the Arctic Ocean and the North Atlantic Ocean, northeast of Canada. Note: land: 2,166,086 sq km (410,449 sq km ice-free, 1,755,637 sq km ice-covered) (2000 est.) |
| Climate: | arctic to subarctic; cool summers, cold winters |
| Terrain: | flat to gradually sloping icecap covers all but a narrow, mountainous, barren, rocky coast |
| Size: | 2166086 sq. km total (Land area: 2166086 sq. km ) |
| Population: | 56,326 (July 2008 est.) |
| Languages: | Greenlandic (East Inuit), Danish, English |
| Government: | parliamentary democracy within a constitutional monarchy |
| Capital city: | Nuuk (Godthab) |
| Legal system: | the laws of Denmark, where applicable, apply |
| Currency: | Danish krone (DKK) |
| Licensing: |
Country profile
Greenland, the world's largest island, is about 81% ice-capped. Vikings reached the island in the 10th century from Iceland; Danish colonization began in the 18th century, and Greenland was made an integral part of Denmark in 1953. It joined the European Community (now the EU) with Denmark in 1973, but withdrew in 1985 over a dispute centered on stringent fishing quotas.
Greenland was granted self-government in 1979 by the Danish parliament; the law went into effect the following year. Denmark continues to exercise control of Greenland's foreign affairs in consultation with Greenland's Home Rule Government.
Energy production and consumption
| Oil | Gas | |
| Production: | ||
| Consumption: | 3,880 bbl/day (2005 est.) | |
| Exports: | 149 bbl/day (2005 est.) | |
| Imports: | 4,013 bbl/day (2005 est.) | |
| Reserves: | ||
| Major fields: |
Greenland - recent news
| 31 Mar 26 |
Greenland Energy Company secures a strategic agreement for advanced rig capacity to support onshore oil exploration programme Greenland Energy Company has announced a strategic drilling agreement with Stampede Drilling Inc., a leading Canadian energy services company, to provide a high-performance rig and expert services for upcoming operations in the Jameson Land Basin. |
| 27 Mar 26 |
Greenland Energy Company commences trading on NASDAQ 80 Mile PLC confirms that Pelican Acquisition Corporation has completed its acquisition of Greenland Exploration Limited and commenced trading on NASDAQ under the name Greenland Energy Company. The transaction consolidates Pelican, GLND, and March GL into a single U.S.-listed entity, focused on the development of the Jameson liquid hydrocarbon project in East Greenland, one of the world's largest and last undrilled onshore hydrocarbon basins. |
| 27 Feb 26 |
Greenland: Greenland Energy expected to commence trading after Pelican shareholder approval on 17 March 80 Mile PLC, the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, confirms that Greenland Energy Company is expected to commence trading on NASDAQ on or around 18 March 2026. |
| 30 Oct 25 |
Greenland: Independent Petroleum Reserves and Resources Evaluation identifies 13 billion barrel potential at Jameson Land Basin, Greenland 80 Mile PLC, the AIM, FSE, and OTC listed exploration and development company with projects in Greenland, Finland and Italy, notes the recent announcement as of October 28th, by its US joint venture partner, March GL Company and Pelican, regarding the results of an independent assessment and prospective resources report prepared by Sproule ERCE confirming the world-class potential of the Jameson Land Basin, located in Eastern Greenland. |
| 11 Sep 25 |
Greenland: Pelican Acquisition Corp announces definitive merger agreement with Greenland Exploration and March GL Pelican Acquisition Corporation, a publicly listed special purpose acquisition company, has announced the signing of a definitive Agreement and Plan of Merger with Greenland Exploration and March GL Company. Upon the closing of the transaction, the combined company will operate under the name Greenland Energy Company. |
Greenland - more news
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