AGP Executive Report
Last update: 11 hours agoHormuz Shock Hits Iraq Exports: Iraq’s new oil minister Basim Mohammed Khudair says April exports through the Strait of Hormuz fell to about 10 million barrels from roughly 93 million monthly before the Iran war, with output down to ~1.4 mbpd as tankers stay away on insurance fears. Grid Stress in the Philippines: The Philippines’ Energy Secretary ordered a full probe after May 13 trippings of two 500-kV lines cut 2,462 MW of gas capacity and worsened Luzon-to-Visayas power transfers. India Pushes Clean Power Buildout: MNRE issued operating guidelines for an INR 2,584.60 crore small-hydro scheme targeting ~1,500 MW, while Punjab’s PSPCL auction awarded 500 MW/1,000 MWh BESS to Stockwell Solar, Rama Reflection India and Ceigall India. Manufacturing & Renewables Momentum: SLR Solar inaugurated an 800 MW AI-driven TOPCon module plant in Rajasthan; Pertamina NRE is exploring Bangladesh renewables via an MoU. Markets React to Oil Spike: European stocks slid the most since March as oil prices jumped and inflation fears returned.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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