HomeIndustriesEnergyGreenland Energy (PELI) Eyes Mega Oil Field with Halliburton Support

Greenland Energy (PELI) Eyes Mega Oil Field with Halliburton Support

Robert Price, CEO of Greenland Energy Company (PELI), joins the show to discuss the company's efforts to develop what could be one of the largest oil fields in the world, located onshore in Greenland. With an independent engineering report suggesting significant potential, Greenland Energy is repositioning equipment and expects to break ground in the summer of 2026, with Halliburton providing oil field services. Price believes the project's strategic location, combined with its high-quality oil, makes it an attractive alternative to U.S. shale, particularly as the U.S. industry faces concerns about a supply glut and declining reserves.

Market On Close

10 Nov 2025

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