AGP Executive Report
Last update: 6 hours agoMiddle East Supply Shock: Oil jumped toward $90 a barrel as Strait of Hormuz reopening hopes faded and shipping attacks added risk premium, with the EIA warning severe Hormuz constraints could persist through August and keep hundreds of thousands of barrels per day offline. Libya Energy Security: Drone strikes hit western Libya’s power plant and oil refinery near Zawiya, sparking major fires and underscoring how fragile infrastructure security is. US Gas Infrastructure Oversight: Indiana regulators rejected NIPSCO’s $741 million plan to improve natural gas transmission, distribution and storage, saying the utility didn’t prove proposed projects were cost-justified. Argentina Gas Buildout: TGN’s Tratayén–La Carlota pipeline is moving via a renamed SPV under the RIGI incentive regime, aiming to expand Vaca Muerta gas transport to northern provinces. Philippines Local Energy Emergency Funding: LGUs can use 20% of development funds for eligible energy projects during the national energy emergency, but not for regular fuel or operating costs. Renewables on the Ground: TotalEnergies finished a 4.1 MW solar-plus-battery project at Sonoma State University, boosting campus resilience and California’s net-zero push.
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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