AGP Executive Report
Last update: 4 hours agoOil and Supply Risks: Brent hovered above $104 a barrel after a sharp rise, as Hurricane Isaias shut in about 63% of U.S. Gulf oil output and Iran reported attacking an LPG tanker in the Strait of Hormuz. Prices eased after President Trump ruled out strikes on Iran before the U.S. midterms, but supply risks remain. Clean Energy Push: The Philippines plans to auction 25 GW of renewable capacity over the next year, spanning solar, wind, biomass and geothermal. Australia also announced solar and battery projects for remote communities in Papua New Guinea, Bougainville and Fiji. Powering AI: Black Hills plans 564 MW of new gas-fired capacity and a 2.1 GW microgrid to serve Google’s planned Wyoming data center, in a project valued at $1.8 billion. Regional Investment: Malaysia allocated RM5.33 billion to water and energy infrastructure, including efficiency measures and upgrades to ageing pipes.
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