AGP Executive Report
Last update: 3 hours agoOil Markets: Brent fell more than 8% as US election results revived hopes of de-escalation in the Iran war; JPMorgan says renewed Gulf supply has returned the market to surplus. Gas Security: The Philippines activated Malampaya Phase 4, adding an estimated 222 billion cubic feet of gas reserves and supporting efforts to curb reliance on imported energy. India’s Clean Power Push: Solar generation rose 48.6% year over year in Q3, but grid bottlenecks are driving curtailments. A new government-backed program will support 92 GWh of storage, while Candi Solar secured $50 million to fund solar-and-battery projects for businesses. Grid Investment: Malaysia plans major network upgrades as peak electricity demand is forecast to rise from about 21 GW to more than 33 GW by 2035, driven in part by data centres and advanced manufacturing. Offshore Wind: Fugro won a multiyear German North Sea survey framework to gather data for future wind farm development.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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