AGP Executive Report
Last update: 10 hours agoGas Supply Watch: Azerbaijan reported natural gas output of 20.935 bcm in January–May 2026, with exports rising to 10.381 bcm but revenues down as prices soften. Oil Market Pulse: Iran resumed crude loading from Kharg Island after a US Navy blockade was lifted, with multiple VLCCs seen at the terminal—an early sign of supply lines reopening. EU Sanctions Politics: EU leaders agreed to renew Russia sanctions on a 12-month cycle, easing internal veto leverage but raising the stakes on enforcement and loophole-closing. Energy Security Deal-Making: Bulgaria’s energy minister said the BOTAS gas agreement with Turkey should be fully renegotiated within 1–2 months to reflect new market conditions. Solar Tech Push: Oxford PV and Fraunhofer ISE unveiled perovskite-silicon tandem modules using Fraunhofer’s Matrix Shingle interconnection at Intersolar in Munich. Heatwave Strain: France imposed emergency alcohol restrictions as Europe sweltered, with Germany and Italy also issuing public warnings and disruption measures.
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