AGP Executive Report
Last update: 11 hours agoVenezuela Oil Liberalization: Acting President Delcy Rodríguez signed new hydrocarbon regulations that loosen PDVSA’s grip and expand room for private investment as output nears 1.2 million bpd, signaling a major shift away from the state-controlled model. Cuba Power Crisis: Cuba suffered another islandwide blackout for the second time in a week, with officials citing grid failures and fuel shortages that are worsening an already fragile SEN system. Methane Monitoring Push: A new look at global methane shows emissions from fossil operations aren’t trending down despite surveillance and mitigation efforts, raising pressure for faster, enforceable methane controls. Amazon Deforestation Trend: Brazil’s deforestation has fallen sharply under Lula, but the move is under fire from environmentalists as oil exploration expands near the Amazon. Caribbean Rural Solar: Haiti is advancing a solar electrification program for schools, health centers, and police sub-stations in underserved communes, aiming to cut energy gaps with autonomous PV systems. Oil Supply Watch (US-Iraq): US crude imports from Iraq hit zero for a second straight week, while Venezuela remains a key supplier to the US market. Energy Market Risk: Eni warns oil could break out of its $80–$100 band if Middle East conflict persists, lifting inflation risks and complicating demand.
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