The risk assessments of oil companies drilling around Greenland are becoming outdated fast as massive chunks of ice splinter from the glaciers, says a recent report.
The estimated 50 billion barrels of oil and gas are tempting oil companies to the hostile environment, but events such as happened last month when an iceberg - almost twice the size of Motutapu Island in the Hauraki Gulf - broke off from the mainland, are making this an extremely dangerous exercise.