AGP Executive Report
Last update: an hour agoEnergy & Industry: ExxonMobil has awarded about $1.1bn in pre-investment contracts for long-lead upstream equipment for Mozambique’s Rovuma LNG Phase 1, with Italy’s Eni among the Area 4 partners; the deals cover subsea production systems, large-bore valves and offshore line pipe as the project targets a final investment decision before end-2026. Power & Climate: A new Ember analysis says solar output in Europe rose by up to 17% on heatwave days, helping grids handle demand spikes (including Italy up to 28% during late-June heat), even as other generation sources struggled. Renewables & Farming: Italy’s agrivoltaics research is reporting soil temperatures more than 20°C lower under panels, with field trials in Puglia and Calabria testing different crops and photovoltaic setups. Energy Prices: A report on fuel costs links the Iran-war “shock” to higher gasoline and diesel prices across Europe, with country-by-country increases highlighted for 2025 vs 2026.
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