AGP Executive Report
Last update: 9 hours agoUkraine–Russia Energy Strikes: Ukrainian forces hit Russia’s Saratov oil refinery and the Engels airbase, with fires reported, and also struck a Kaluga oil depot; drones later targeted Bashneft-UNPZ in Ufa, underscoring how conflict is tightening supply and raising risk for global oil flows. Iraq–Türkiye Pipeline Deal: Ankara and Baghdad extended the Kirkuk–Ceyhan crude pipeline agreement for one year, aiming for at least 750,000 bpd and positioning Ceyhan as a key export outlet amid Hormuz-linked shipping disruptions. Ghana Refining Push: Ghana’s Tema Oil Refinery returned to full operations after refurbishment and the arrival of a Jubilee crude cargo, as President Mahama framed the move as shifting from exporting raw resources to local value addition. India Solar Surge: India’s solar capacity jumped to 162.15 GW by June 30, 2026, with 37 GW added in 2025, and a new floating solar-plus-storage push approved under PM-SSY. Power & Fuel Costs Watch: Western Cape says it’s on track to add about 1,800 MW in 2026/27 and reach 5,700 MW by 2035; in Nigeria, LPG supply is improving but uneven, while some fuel retailers cut petrol prices despite higher crude. Gas Supply Disruption (Nigeria): A gas supply drop shut down the Geometric Power plant in Aba, plunging parts of the city into darkness.
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.