AGP Executive Report
Last update: 34 minutes agoEast Mediterranean Gas Pivot: Cyprus says the Cronos field off its coast will start supplying European markets as early as March 2028, with Eni and TotalEnergies pushing a pipeline to Egypt’s Zohr and then LNG shipments via Damietta. Heatwave Shock to Power and Food: Record heat and drought across Europe are already hitting energy production and agriculture; Triodos estimates heat-related disruption could shave about 1% off EU GDP, with Italy among the countries facing substantial losses. Italy’s Seafood Under Pressure: Southern Europe’s heat is killing clams and mussels in the Po River Delta lagoons, threatening staples like spaghetti alle vongole and spaghetti allo scoglio. Energy Markets Under Geopolitical Strain: ADNOC Gas reports a 52% profit drop in Q2 as Strait of Hormuz disruptions weigh on sales, while it plans major 2026-2030 investment to expand output. EU Climate Cost Reality Check: Economists warn 2026’s repeated heat, drought and wildfire episodes are compounding damage across power, shipping, public health and transport.
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.
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