AGP Executive Report
Last update: 12 minutes agoMiddle East Oil Shock: Oil prices pushed higher for a fourth straight day as US-Iran ceasefire hopes faded and Strait of Hormuz risks returned, rattling markets from India to Southeast Asia. Market Fallout: India’s Sensex and Nifty slid again, while the Philippines’ PSEi fell 1.7% on rising crude and a weaker peso. Grid & Policy Moves: India’s Central Electricity Authority notified new cybersecurity rules for power sector entities (including large energy storage) starting April 1, 2027, and the Philippines’ energy regulator set a “no-adjustment” approach for long-term gas supply deals to keep electricity rates fixed for up to 25 years. Energy Infrastructure & Industry: Origin Energy will automate inspections across 750 km of Queensland gas pipelines using a digital twin, while Lloyd’s Register is supporting an LNG carrier-to-FSU conversion for Gabon’s offshore gas push. Renewables & Manufacturing: Websol Energy shifted a planned 4 GW solar cell/module plant from Andhra Pradesh to West Bengal, and Kenya tripled its long-term renewable target to 5,500 MW. Security & Supply: Bulgaria said it’s ready to increase gas transit to Ukraine, and Iraq approved a three-month plan to export crude via alternate routes as Hormuz disruptions persist.
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.