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Platts Bestows its Global Lifetime Achievement Award to Lord Oxburgh of Liverpool, Former Shell Transport and Trading Chair

2007-11-16 05:08 3174

Exec, Academic and Scientist Known for Industry Innovations, Advocacy of Climate Change Issues

NEW YORK, Nov. 16 /Xinhua-PRNewswire/ -- Platts, the world’s leading energy information provider, today announced it will award the 2007 Global Energy Lifetime Achievement Award to Lord Ernest Ronald Oxburgh of Liverpool, former Shell Transport and Trading chair, industry innovator and current member of the advisory board of Climate Change Capital, a leading investment banking group specializing in the commercial opportunities created by a low carbon economy.

As a scientist, Oxburgh established the Oxford Heat Flow Group, devised methods of measuring terrestial heat flow and spurred innovation at Imperial and Oxford Universities.

The award will be presented on stage at the 9th annual Global Energy Awards, November 29, Cipriani Wall Street, New York, New York.

"Even in the early 1970’s, Lord Oxburgh was talking about renewable energy and clean coal technologies -- as a real beacon of advocacy," said Victoria Chu Pao, Platts president. "His sustained vision on sustainability issues is an inspiration, and his prescience has been rewarded by an international panel of judges comprising the energy industry’s elite. Lord Oxburgh is a true visionary."

Lord Oxburgh, an active parliamentarian, chaired the Science and Technology Select Committee from 2001 to 2004, and is vice chairman of the Globe UK Group and treasurer of the Earth Sciences Group. He is a former chief scientific adviser to the Ministry of Defense. Lord Oxburgh has been rector of Imperial College London and professor of mineralogy and petrology at Cambridge University. A graduate of the Universities of Oxford and Princeton, Oxburgh is a Fellow of the Royal Society.

"Judges were impressed by his status as a trailblazer, but also by his sense of ethics -- ethical standards that led him to warn of the potential environmental damage from the global hydrocarbons industry even while serving as chairman of one of the world’s largest oil companies," said Pao.

"Like past finalists and winners of Platts Global Energy Awards, Lord Oxburgh’s career illustrates true innovative spirit and enduring commitment to world citizens, customers, shareholders, and the industry as a whole."

Sponsors for the event include Capgemini, as a principal sponsor for the fifth year, and Bracewell & Giuliani, co-sponsor for the second year. Other sponsors: Standard & Poor’s, Panasonic Tough Book, and Spectra Energy.

The Platts Global Energy Awards were established in 1999 to recognize outstanding achievement in the energy industry. The annual ceremony singles out the energy industry’s top performers, recognizing corporate and individual achievement, innovation and entrepreneurship. International judges have included former OPEC energy ministers, national regulators, heads of major energy companies, leading academics and legislators.

Accredited journalists are welcome to be Platts guests at the awards ceremony as well as the Platts Lecture, which occurs earlier in the day. The Platts Lecture will address "Climate, Energy and the Climate for Energy" and feature two guest speakers. Television cameras welcome. To register, go to http://www.globalenergyawards.com, or contact Kara Harrell at 817-244-9978.

About Platts:

Platts, a division of The McGraw-Hill Companies (NYSE: MHP), is a leading global provider of energy and commodities information. With nearly a century of business experience, Platts serves customers across more than 150 countries. From 14 offices worldwide, Platts serves the oil, natural gas, electricity, nuclear power, coal, petrochemical, emissions, and metals markets. 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, BusinessWeek and J.D. Power and Associates. The corporation has more than 280 offices in 40 countries. Sales in 2006 were $6.3 billion. Additional information is available at http://www.mcgraw-hill.com.

Source: Platts
Keywords: Oil/Energy
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