AGP Executive Report
Last update: 32 minutes agoOil Shock: Brent crude climbed above $111 a barrel as Iran claimed seven vessels were hit in the Gulf and Strait of Hormuz, while a drone attack near Saudi Arabia’s Shaybah oil field killed two people. The field’s operations were unaffected, but renewed attacks are stoking supply fears. Gas Supply: Indonesia expects new projects to add 290 million cubic feet of gas a day, while Malaysia is preparing a roadmap to strengthen domestic supply and LNG resilience. Grid & Storage: India’s power authority proposed phased digital upgrades for distribution networks. In the US, a storage expert warned that rapid battery growth is outpacing workforce training. Energy Investment: Spain’s Bruc Alter secured €222 million to support operating solar assets and build 651MWh of battery storage. The UK also approved gas production at the Jackdaw field off Scotland, renewing debate over domestic supply and environmental concerns.
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