March 14, 2025

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Trump toughens sanctions on Russian oil, gas, banking sectors

  • March 14, 2025

United States President, Donald Trump, is ready to impose more restrictions on Russia’s oil, gas and banking sectors. CBS News reports that Trump’s plan is to restrict Russian access to US payment systems, according to four people familiar with the plans. On Wednesday, the Treasury Department let lapse a 60-day exemption put in place by

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Finance

Cook Inlet gas producer assails royalty rates as another seeks state financing

  • June 2, 2024

Offshore oil platforms in Cook Inlet. (Loren Holmes / ADN archives) John Hendrix was stressed on Thursday. He temporarily shut down a well that produces 50% of his company’s gas from Cook Inlet for a mandatory state test. The well produces large quantities of water and Hendrix didn’t know if gas would flow again. “We

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