Source:
BBC NewsOpposition win Greenland election
Page last updated at 05:01 GMT, Wednesday, 3 June 2009 06:01 UKThe left-wing Inuit Ataqatigiit (Community of the People, IA) party has won Greenland's parliamentary elections, official results show.
The party ousted the Social Democratic Suimut Party, which has governed the territory for 30 years.
With all districts counted, the IA had nearly 44% of the vote and Suimut just over 26%, the election commission said.
IA will be the first party to govern the semi-autonomous Danish territory under an expanded home rule agreement.
IA leader Kuupik Kleist told supporters celebrating in the capital Nuuk: "Greenland deserves this."
Current Prime Minister Hans Enoksen had called the election early, after Greenland voters approved plans in November to give their government more powers.
He said he had wanted to give islanders the chance to decide who would be leading them into the "new era".
Read more:
http://news.bbc.co.uk/2/hi/europe/8080434.stm
Why homerule is becoming important in Greenland? OIL!
December 27, 2007
Geologists believe known reserves off Greenland could be just tip of iceberg
Robin Pagnamenta and Peter Stiff Geologists believe that deep beneath the Arctic seas lie untapped reserves of oil and gas. These icy waters are among the world’s most treacherous and the source of the iceberg that sank the Titanic in 1912. With temperatures plunging below -30C in winter and immersed in total darkness for months at a time, it is hard to imagine a more hostile environment.
These days, however, it is not just huge icebergs that loom large on the horizon, but the powerful forces of Big Oil. With oil prices close to $100 a barrel, the economics of such high-risk and technically difficult ventures are beginning to look attractive.
ExxonMobil, the world’s largest oil company, and Chevron of the US, Husky and Encana of Canada, Dong of Denmark and the UK’s Cairn Energy are among those that have either already won or applied for exploration licences from Greenland’s Bureau of Minerals and Petroleum for acreage.
“We’re (10-15) years from realising the area’s potential (but) it looks like an excellent offshore opportunity,” said Graham White, a spokesman for Husky Energy, which this summer started prospecting for oil on two large blocks more than 100 km offshore of Disko Bay, off the northwest coast near Greenland’s tiny capital of Nuuk.
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3097509.ece