USA's Valero
Energy Corporation is Triple Winner, Taking 'Energy Company of the
Year', 'Corporate Impact Award – Sustained Commitment', and
'Strategic Deal of the Year' Awards
NEW
YORK, Dec. 8, 2022 /PRNewswire/ -- S&P
Global Commodity Insights, the leading global independent provider
of data, insights, analysis and benchmark prices for the
commodities, energy and energy transition markets, tonight honored
industry excellence in 19 performance categories at the Platts
Global Energy Awards gala held at the Cipriani Wall Street in
downtown New York City. The Awards
program, now in its 24th year and often described as the
"Oscars" of energy, recognizes corporate and individual
innovation, leadership, and performance in the energy and
petrochemicals industry, and bestowed honors on energy companies
from the U.S., U.K, Denmark,
Uzbekistan, India, United Arab
Emirates and Singapore. For
a second 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.
The theme for this year's Platts Global Energy Awards and
program, aimed at exemplifying the attributes of the leaders making
a difference in the industry and their communities, is:
Committed. Connected. Charged.
Saugata Saha, President of
S&P Global Commodity Insights, said: "We are proud to
recognize the leadership and innovation of this year's finalists
and winners of the Platts Global Energy Awards. These companies
have demonstrated a commitment to excellence while serving
customers and enabling a balanced energy transition, a key area of
focus for the industry and our teams at S&P Global Commodity
Insights."
One such standout this year was triple winner Valero Energy
Corporation of San Antonio, Texas,
USA, which walked away with Energy Company of the
Year, Strategic Deal of the Year, and
Corporate Impact Award: Sustained Commitment honors.
A "clear and viable roadmap" for advancing a greener future, was
front and center of the independent panel of judges' thinking when
it selected Valero for the 2022 Energy Company of the Year
honors. The company's investments, significant carbon capture
sequestration efforts -- evident through its deal to advance an
industrial-scale carbon capture pipeline system --and renewable
diesel expansion project were said to set Valero apart from its
competitors. In bestowing the Corporate Impact Award-Sustained
Commitment Award, judges pointed to Valero's "profound
commitment" to corporate social responsibility and support of more
than 616 non-profit organizations.
First-time winners of a Platts Global Energy Award and companies
to watch, included USA-based,
freight locomotive manufacturing giant Wabtec Corporation, for
Commercial Technology of the Year, with the judges
panel noting its first-of-kind, heavy-haul, 100% battery-powered
locomotive; and Syzygy Plasmonics, taking Energy Transition
Technology of the Year Award, for its
"chemicals from light instead of heat" electrified chemical reactor
platform using photocatalytic technology. Judges foresee both
technologies promising a positive impact on the future of
energy.
In the individual achievement categories of the Platts Global
Energy Awards, winners included:
- Gurdeep Singh of India's NTPC, who walked away with one of the
most hotly contested awards of the evening: CEO of the
Year. Judges noted his "ability to make real change" at
India's largest power producer and
the industry respect he's won as one of the early proponents of
clean energy in India, refocusing
to green energy from coal.
- Mohamed Jameel Al Ramahi from
Masdar, UAE, was named Chief Trailblazer of the Year
and was lauded by judges for his acumen steering the business into
one of the world's fastest-growing renewable energy and sustainable
development companies.
- Rising Star-Individual for 2022 is Stephanie Perry of Avantus, USA. Described as an energetic and ambitious
leader, judges were impressed by Ms. Perry's stewardship and
strategy, driving the company's plan to develop one of the
USA's largest clean-energy
development pipelines while also deploying proprietary power plant
technologies and digitally-connected delivery systems at the
gigawatt scale.
- Winning the coveted Lifetime Achievement Award
was USA's PSEG CEO, Ralph Izzo, with judges impressed by his
exemplary leadership in establishing the company's Net Zero 2050
goals and being a champion of diversity, with a an enviable track
record of expanding opportunities for women, people of color,
people with disabilities and creating a culture of
inclusivity.
For full details of the Platts Global Energy Awards and this
year's winners, access the December issue of the S&P Global
Commodity Insights Magazine, or visit the Platts Global Energy
Awards website.
2022 Platts Global Energy Award Winners
Energy Company of the Year
Valero Energy, USA
Lifetime Achievement Award
Ralph Izzo, PSEG, USA
Chief Executive of the Year
Gurdeep Singh, NTPC, India
Chief Trailblazer of the Year
Mohamed Jameel Al Ramahi, Masdar, UAE
Deal of the Year-Financial
Guggenheim Securities,
USA
Deal of the Year-Strategic
Valero Energy, USA
Energy Transition Award: Upstream
Nabors Industries,
USA
Energy Transition Award: Midstream
Gail, India
Energy Transition Award: Downstream &
Chemicals
Uzbekistan GTL, Uzbekistan
Energy Transition Award: Power
Orsted, Denmark
Energy Transition Award: LNG
Cheniere Energy,
USA
Rising Star Company
ev.energy, UK
Rising Star Individual
Stephanie Perry, Avantus, USA
Commercial Technology of the Year
Wabtec Corporation,
USA
Energy Transition Technology of the Year
Syzygy
Plasmonics, USA
Infrastructure Project of the Year
Sembcorp
Industries, Singapore
Grid Edge
Fluence, USA
Corporate Impact Award: Sustained Commitment
Valero
Energy, USA
Corporate Impact Award: Critical Response
Power Grid
Corporation, India
COMMITMENT TO SUSTAINABILITY
S&P Global Commodity Insights takes seriously its corporate
commitment to a greener future and in effort to make the Platts
Global Energy Awards more carbon neutral and sustainable, it
reduced and recycled printed materials, reduced staff travel,
offset the reduced staff travel by purchasing credits from two
verified global projects (the Kubratovo Methane Recovery project in
Bulgaria and the Mersin Wind Farm
project in Turkey), and donated
food and food waste. In addition, S&P Global Commodity Insights
1) partnered with Thrust Carbon, an industry-leading carbon
intelligence platform that calculated the event's carbon footprint;
and 2) encouraged, attendees to offset their own carbon emissions
by visiting the Platts Global Energy Awards Offset Shop.
Media Contacts
Global/EMEA: Paul Sandell, +
44 (0)7816 180039, paul.sandell@spglobal.com
Americas: Kathleen Tanzy, +1
917-331-4607, kathleen.tanzy@spglobal.com
Asia/EMEA: 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 commodities 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 the most significant
benchmark price assessments in the physical commodity markets, are
offered through S&P Global Commodity Insights.
S&P Global Commodity Insights is a division of S&P Global
(NYSE: SPGI). S&P Global is the world's foremost provider of
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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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