AGP Executive Report
Last update: 6 hours agoCCUS Shift: A new look at carbon capture, utilization and storage shows momentum moving from demos to bigger networks, with more capture and storage capacity coming online in 2026 even as total potential still lags and direct air capture remains costly. Oil Market Pressure: BP says it pulled out of the Bay du Nord offshore project off Newfoundland to stay disciplined, even as it reported sharply higher profits tied to disruptions in global energy markets. Gas Prices Watch: Ontario drivers may see a drop of about 10 cents a litre by Thursday, with analysts pointing to easing fuel-price expectations if Strait of Hormuz talks progress. Suncor Pipeline Uncertainty: Suncor CEO Rich Kruger says it’s still too early to tell how a West Coast pipeline deal and related carbon capture commitments will affect growth plans. EV Charging Security: Emobi and OmniTrust are partnering to push Plug & Charge adoption with a security-first approach for the EV charging ecosystem. Renewables/Industrial Bioenergy: CHAR Tech says installation is complete at its Thorold biocarbon facility, targeting commercial operations by late September 2026. Critical Minerals Funding: Canada is investing nearly $5M to connect Quebec critical minerals to market, aiming to speed up infrastructure that can otherwise delay projects. Grid Stress in Cannabis: A report says electricity costs are squeezing cannabis economics as power rates rise while wholesale prices fall.
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.