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Business News

Greenland ready with spill plan

Greenland said last night it would publish its oil spill response plan, in a move which could dampen some of the controversy surrounding oil exploration in its waters.

In June the environment group Greenpeace lodged a complaint with the Greenland parliament calling for the release of an oil spill response plan, as it argues that cleaning up a spill in remote Artic waters would be difficult.

Cairn Energy has faced protests from Greenpeace over the past 12 months as it has drilled a number of wells off the coast of Greenland, none of which has yet found oil.

Bigger oil rivals such as ExxonMobil of the US have also acquired exploration acreage in Greenland.