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    <title>World Bank funds best invested in desert power?</title>
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    <pubDate>Thu, 22 Nov 2012 15:34:18 +0400</pubDate>
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        Earlier this week, the World Bank published a report warning of the dramatic consequences of climate change and called on governments around the world to redirect the $1 trillion spent overall every year on subsidies for fossil fuels to developing alternative energy sources.
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    <title>GCC to award over $50bn in oil and gas contracts in 2013</title>
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    <pubDate>Sun, 04 Nov 2012 11:56:54 +0400</pubDate>
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        Two huge projects scheduled to get underway in Kuwait and Oman next year will help spur a major increase in the value of contracts awarded in the GCC’s oil, gas and petrochemical projects market in 2013, according to a new report by MEED Insight. 

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    <title>GCC petchem production jumps 13.5%</title>
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        GCC petrochemicals production capacity grew 13.5% last year to nearly 116 million tons, according to a new report.
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    <title>Energy efficiency to prove new focus for UAE's Oil and Gas industry </title>
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    <pubDate>Mon, 04 Jun 2012 11:26:19 +0400</pubDate>
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        Energy efficiency is set to become a new focus for the UAE’s oil and gas industry, with an increase in exports as well as a growth in domestic consumption affecting the market.
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    <title>Deloitte:  Oil and gas sector faces talent shortage</title>
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    <pubDate>Thu, 10 May 2012 08:58:23 +0400</pubDate>
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        Surveyed oil and gas executives ranked managing human capital and expanding into new markets as top strategic concerns, according to a new report by Deloitte. Executives also found that a looming talent shortage exists in many fields; notably operations (81%), IT (61%), risk and regulatory (62%) and research and development (60%).
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