Energy Companies from Europe, North America, Asia, and Middle East, Won Honors at S&P Global Commodity Insights' 26th Annual Platts Global Energy Awards
Energy Companies from Europe, North America, Asia, and Middle East, Won Honors at S&P Global Commodity Insights' 26th Annual Platts Global Energy Awards |
| [12-December-2024] |
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 Chief Executive of the Year Chief Trailblazer of the Year Lifetime Achievement Award Rising Star Award - Company Rising Star Award - Individual Deal of the Year - Financial Deal of the Year - Strategic Energy Transition Award - Upstream Energy Transition Award - Downstream Energy Transition Award - LNG Energy Transition Award - Power Grid Edge Award Corporate Impact Award - Targeted Program Corporate Impact Award - Comprehensive Portfolio Sustainable Chemicals Award - Best Product Infrastructure Project of the Year Commercial Technology of the Year Energy Transition Technology of the Year Media Contacts: About S&P Global Commodity Insights 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.
SOURCE S&P Global Commodity Insights | ||
Company Codes: NYSE:SPGI |
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