Apple (TG:APC)
Historical Stock Chart
From Dec 2019 to Dec 2024
India's Enzen Global Solutions Scores with "Rising Star Award"
NEW YORK, Dec. 3 /PRNewswire-FirstCall/ -- It was a two-run homerun for Houston-based independent oil and gas exploration and production company Anadarko Petroleum Corporation (NYSE:APC) at tonight's 2009 Platts Global Energy Awards held at the Cipriani Wall Street. Not only did the firm win Energy Company of the Year, but helmsman James Hackett was bestowed CEO of the Year honors before an audience of more than 500 energy executives from 20 countries.
"It's no surprise that the judges found James and his firm to be exemplary of not only leadership, but execution," said Larry Neal, president of Platts. The judges pointed to Anadarko's three-year transformation following its acquisition of two major competitors, noting that with Hackett at the rudder, the firm had successfully steered through numerous divestitures, exceeded its production targets, restored its balance sheet and maintained its commitment to exploration, which paid off in one of the world's top 10 discoveries offshore Ghana.
The energy industry's most prestigious annual awards program, now in its 11th year, is hosted by Platts, the world's leading energy and metals information provider, which is celebrating its 100th anniversary this year. The awards honor outstanding achievement in the energy industry, recognizing corporate and individual accomplishments, innovation and entrepreneurship.
"We at Platts congratulate each of this year's winners, and the finalists as well, for achieving above-the-bar performance, especially in an economic environment of heightened market volatility and uncertainty," said Neal.
The winners in a total of 17 award categories were chosen by an independent international panel of judges from a record number of nominations from 22 countries. The winning companies came from India, Italy, the Netherlands, South Korea, Spain, Thailand, and the United States.
Double honors were also bestowed on Chesapeake Energy Corporation (NYSE: CHK), the Oklahoma-based natural gas exploration and production company and one of the United States' largest natural gas producers and most active drillers of new wells. It won 2009 Energy Producer of the Year for its expertise in shale gas plays, its very high success rate in its exploration activities, and its consistent production growth for nearly 20 years. Chesapeake also garnered a second award, Industry Leadership of the Year, impressing judges with its "masterful job" campaigning for natural gas to become the fuel of the future.
The Lifetime Leadership Award was shared by two gentlemen whose contributions to the industry are vast - Tom Casten and Lee R. Raymond. As the founder and president of several energy companies, Casten has succeeded since 1975 in simultaneously slashing power costs and greenhouse gas emissions, and as an author and the founder of numerous advocacy groups, he has precipitated policy changes that have advanced industrial energy recycling and efficiency. During his 42-year career, Raymond, retired chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), set new standards for capital and cost-efficiency that have made the company the top performer it is today. This, together with countless other accomplishments, made Raymond a clear front-runner for the Lifetime Achievement Award.
The Rising Star Award, which honors an upcoming young company for its accomplishments and potential, went to three-year-old Enzen Global Solutions Private Limited, an India-based consulting and services company. Enzen snagged the 2009 Rising Star Award for its meteoric financial performance, which was driven largely by its success in developing innovative solutions to reduce power theft in India, aid compliance with the UK Traffic Management Act, and help utilities companies mitigate aggregate, technical and commercial losses.
The 2009 Platts Global Energy Awards featured several new or updated categories - Green Energy Initiative of the Year, Deal of the Year; Infrastructure Project of the Year; and Energy Producer of the Year. Capgemini served as the program's principal sponsor for the seventh consecutive year and was joined this year by co-sponsors, Elster Group and SolArc, Inc.
The winners in all 17 categories were:
CEO of the Year:
James Hackett
Anadarko Petroleum Corporation (USA)
Commercial Technology of the Year:
Repsol (Spain) - Kaleidoscope Project
Community Development Program of the Year:
PTT Public Limited Company (Thailand)
Deal of the Year:
Enel SpA (Italy) - Endesa Acquisition
Downstream Business of the Year:
S-OIL Corporation (South Korea)
Energy Company of the Year:
Anadarko Petroleum Corporation (USA)
Energy Efficiency Program of the Year - Consumer:
Johnson & Johnson (USA)
Energy Efficiency Program of the Year - Supplier:
Pacific Gas and Electric Company (USA)
Energy Producer of the Year:
Chesapeake Energy Corporation (USA)
Engineering Project of the Year:
Mirant Corporation (USA) -- Potomac River Generating Station Virtual Stack
ENR Energy Construction Project of the Year:
Shell Exploration & Production (Netherlands) - Perdido
Green Energy Initiative of the Year:
Naval Facilities Engineering Command (USA) - Energy and Water Management
Program for the Department of the Navy
Industry Leadership Award:
Chesapeake Energy Corporation (USA)
Infrastructure Project of the Year:
Entergy Corporation (USA) - New Orleans Underground Natural Gas Service
Infrastructure
Lifetime Achievement Award:
Tom Casten
Recycled Energy Development
Lee Raymond
Exxon Mobil Corporation
Marketing Campaign of the Year:
Peabody Energy (USA) - "Coal Can Do That" Campaign
Power Company of the Year:
FPL Group (USA)
Rising Star Award:
Enzen Global Solutions Private Limited (India)
Sustainable Technology Innovation of the Year:
Energy Storage & Power (USA) - Energy Storage Technology
The awards ceremony was preceded by the third annual Platts Global Energy Outlook Forum on December 2, during which industry leaders, economists and government officials held wide-ranging roundtable discussions on the outlook for sustainability.
For complete awards results, including the judges' rationale, please go to Platts Global Energy Awards:
Website -- http://geaweb.platts.com/GEAWeb/Homepage.do
Media kit -- http://platts.com/MediaKits.aspx?xmlFile=mediaGEA.xml
About Platts: Platts, a division of The McGraw-Hill Companies (NYSE:MHP), is a leading global provider of energy and commodities information. With a century of business experience, Platts serves customers across more than 150 countries. An independent provider, Platts serves the oil, natural gas, electricity, emissions, nuclear power, coal, petrochemical, shipping, and metals markets from 17 offices worldwide. Platts' real-time news, pricing, analytical services and conferences help markets operate with transparency and efficiency. Traders, risk managers, analysts, and industry leaders depend upon Platts to help them make better trading and investment decisions. Additional information is available at http://www.platts.com/.
About The McGraw-Hill Companies: Founded in 1888, The McGraw-Hill Companies (NYSE:MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at http://www.mcgraw-hill.com/.
DATASOURCE: Platts
CONTACT: Kathleen Tanzy of Platts, +1-212-904-2860,
Web Site: http://www.platts.com/