AGP Executive Report
Last update: 41 minutes agoCCUS push for Asia-Pacific: UK consultancy Xodus says carbon capture, utilisation and storage can accelerate across the region, but projects need help turning ambition into investable plans—especially on storage characterisation, regulation, specialist engineering and FEED, plus CO₂ transport and shipping. Fuel price relief fight: Australia’s Coalition unveiled a “Fuel Price Shield” to automatically halve fuel excise when Brent averages above US$100 for two weeks, cutting about 27c/L (and setting the heavy vehicle road user charge to zero) for up to three months, funded via a tobacco excise cut. Energy security amid conflict: Reports of Ukraine-Russia drone strikes hitting oil refining and elections-linked targets underline how quickly disruptions can ripple into fuel shortages and price pressure. Grid-scale batteries and renewables momentum: L&T completed fabrication and delivery of 110 modules for Project CERES, while other coverage points to Australia’s expanding battery pipeline and the push to keep the renewables transition on track. AI governance at UN level: Prime Minister Albanese is urging US-China cooperation on a global AI risk framework as he heads to the UN General Assembly, tying tech safety to Australia’s broader energy-and-infrastructure future.
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