Geopolitical Monitor - Topic: Energy Security

As the threat of climate change increases, nuclear power is once again in fashion. But given high costs, long construction periods and lack of tangible incentives to build nuclear capacity, can the technology help cap emissions and avert climate disaster?

July 20, 2010 (Wall Street Journal) - British oil major BP PLC (BP, BP.LN) and partners China National Petroleum Corp. (CNPC.YY) and Iraq’s state-run South Oil Co. expect to issue tenders to drill between 80 and 100 wells in the immense Rumaila oil field this year and next year, a company executive said Monday.

July 16th (BBC News) - BP says it has temporarily stopped oil flowing into the Gulf of Mexico from its leaking well.

July 14th (BBC News) - Nigeria's state oil firm is insolvent, unable to pay debts of $5bn (£3.3bn), a government minister has said.

Al Jazeera (July 13, 2010) - Energy giant BP has installed a new cap atop a ruptured deep-sea oil well in the Gulf of Mexico, which it is hoped will stop the flow of oil after almost three months.

Iraq’s political stalemate continues to jeopardize its long-term security outlook.

Canada’s recent decision to resume civilian nuclear trade with India after an absence of 36 years illustrates how far India has come since the international isolation following its 1974 nuclear test.

WASHINGTON, July 1st (Raw Story) - The US government on Wednesday announced a 5.2 million dollar fine against BP's US subsidiary for making "false, inaccurate or misleading" reports about its energy production on Native American land.

July 1st (Guardian UK) - The British government is subsidising one of the world's largest and riskiest oil-drilling projects in the Atlantic Ocean and would be liable for tens of millions of pounds if a major accident took place.

Officials call for calm and patience as Iraqi citizens’ fury at power outages boils over.