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Winners Hailed from Australia, Canada, France, India, Spain, Turkey, UAE, UK, and the US
NEW YORK, Dec. 12, 2024 /PRNewswire/ -- S&P Global Commodity Insights, the leading global independent provider of data, insights, analysis and benchmark prices for the commodities and energy transition markets, tonight honored industry excellence in 19 performance categories and winners from nearly a dozen countries at the Platts Global Energy Awards gala held at the Casa Cipriani South Street in downtown New York City.
The Awards program, now in its 26th year and often described as the "Oscars" of the energy industry, recognizes corporate and individual innovation, leadership, and performance in the energy and chemicals industry, and bestowed honors on energy companies from Australia, Canada, France, India, Spain, Turkey, UAE, UK, and the US. For a fourth consecutive year, CNBC correspondent Kristina Partsinevelos, whose reporting appears on television and CNBC's digital platforms, emceed the event, continuing a long history of CNBC guest hosts at the Awards gala.
Mark Eramo, Co-President of S&P Global Commodity Insights, said: "This year's Awards stand on the foundation of the event's quarter-century history as the industry's premier recognition event and celebrate the energy industry's commitment to meeting the needs of future generations with traditional and renewable fuels, flexibility and innovation. We congratulate the winners and finalists alike, and wish them continued success."
Spanish multinational energy and petrochemical company Repsol was the evening's triple winner, walking away with Energy Company of the Year and the Energy Transition – Downstream Award honors, as well as the Strategic Deal of the Year Award, winning praise from the panel of independent judges for its modernization efforts, carbon emission reductions, and strategic investments in sustainable energy solutions. Judges pointed to its biofuels advancements, producing renewable fuels from organic waste and one plant alone preventing 900,000 tons of CO2 emissions annually and its transformation of 4,500 service stations to lower-carbon fuel alternatives. Repsol secured Strategic Deal of the Year Award for its $768 million acquisition of US renewable energy platform ConnectGen, which enhanced its international presence and entry into US onshore wind, with a global goal of reaching 20,000 megawatts of installed wind capacity by 2030 and being a multi-energy leader in sustainability.
In the individual achievement categories of the Platts Global Energy Awards, winners included the below:
Dave Ernsberger, Co-President of S&P Global Commodity Insights, said: "Being an exemplary leader in the current energy environment is no small feat." Pointing to a perspective "The era of 'new molecule' markets" in the events' Commodity Insights Magazine, Ernsberger underscored the commitment, fortitude and innovation it takes to navigate a rapidly changing energy landscape, where the future-of-energy challenges reach beyond the mix of conventional and renewable energy sources to also include emissions, energy origins, and corporate values. "Success will go to those organizations that develop new solutions, insight and information that align financial incentives able to advance the decarbonization objectives that markets, governments and consumers demand."
The judges panel chose the winners of the Platts Global Energy Awards from finalists selected from nominations that represented 33 different countries. S&P Global Commodity Insights nor event sponsors played any role in the judging or selection of winners.
For details of the above and full roster of Awards winners of the 2024 Platts Global Energy Awards, access the S&P Global Commodity Insights December issue of Commodity Insights Magazine, or visit the Platts Global Energy Awards website.
2024 Platts Global Energy Award Winners
Energy Company of the Year
Repsol
Spain
Chief Executive of the Year
Lorenzo Simonelli – Baker Hughes
USA
Chief Trailblazer of the Year
Greg Jackson – Octopus Energy
UK
Lifetime Achievement Award
Jeffrey W. Martin - Sempra
USA
Rising Star Award - Company
LanzaJet
USA
Rising Star Award - Individual
Katherine Mizrahi Rodriguez - Osmoses
USA
Deal of the Year - Financial
Serentica Renewables
India
Deal of the Year - Strategic
Repsol
Spain
Energy Transition Award - Upstream
ADNOC Offshore
UAE
Energy Transition Award - Downstream
Repsol
Spain
Energy Transition Award - LNG
Baker Hughes
USA
Energy Transition Award - Power
Southern Company
USA
Grid Edge Award
LineVision
USA
Corporate Impact Award - Targeted Program
Santos Foundation
Australia
Corporate Impact Award - Comprehensive Portfolio
Tanap Dogal Gaz Iletim
Turkey
Sustainable Chemicals Award - Best Product
The Dow Chemical Company
USA
Infrastructure Project of the Year
Dubai Electricity and Water Authority
UAE
Commercial Technology of the Year
Li-Cycle
Canada
Energy Transition Technology of the Year
Adionics
France
Media Contacts:
Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com
EMEA: Paul Sandell + 44 (0)7816 180039, paul.sandell@spglobal.com
Asia: Melissa Tan + 65-6597-6241, melissa.tan@spglobal.com
About S&P Global Commodity Insights
At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value.
We're a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global.
S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world's leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.
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SOURCE S&P Global Commodity Insights
Copyright 2024 PR Newswire
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