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Continental Resources Snags Twin Win: "Company" & "CEO" Of 2013 At Platts Global Energy Awards

Stocks in this article: MHFI

For 2013's Lifetime Achievement recognition, judges selected not one, but three individuals, noting that each one's body of work demonstrates exemplary vision and industry-altering leadership, but within diverse industry spheres:

  • Jim Rogers, retiring chairman, president and CEO of Duke Energy, the largest U.S. electric power holding company with more than $110 billion in total assets. Describing Rogers as a visionary, pioneer, and champion of market deregulation, emissions trading and nuclear power, judges pointed to his long career of "firsts," which put Rogers at the forefront of industry change. Read more ( http://bit.ly/lifetime2013).
  • Michael Peevey, president of U.S. California Public Utilities Commission (CPUC), a regulator of privately owned electric, natural gas, telecommunications, water, railroad, rail transit, and passenger transportation companies. Judges said energy efficiency wasn't just an admirable concept to Peevey, but a hallmark of his initiatives, including implementation of one of the most ambitious, solar-inclusive, renewable programs in the United States. Read more ( http://bit.ly/lifetime2013).
  • Bipin Vora, engineer, inventor and 39-year veteran of UOP LLC, a Honeywell Company and top international supplier and licensor for the petroleum refining, processing and major manufacturing industries.  Judges said Vora changed the industry from the ground up with his R&D triumphs, including nearly 300 patents worldwide for products valued at more than $10 billion annually that support environmentally-friendly petrochemical processes. Read more ( http://bit.ly/lifetime2013).

Individual performance was also heralded in the Rising Star category.  South African Sheldon Kimber, chief operating officer of clean-energy company Recurrent Energy of San Francisco, was bestowed "Rising Star – Individual Award" for 2013. Thirty-five-year-old Kimber, in less than seven years, helped Recurrent transition from a small-scale rooftop solar energy developer with 12 employees to an industry-leading, utility-scale developer with more than 125 employees worldwide and one of the largest solar development portfolios in North America.

China's CNOOC Limited took center stage in mergers and acquisitions, winning Deal of the Year , for its 2013-completed $15.1 billion purchase of Canada's Nexen Inc., China's biggest overseas energy acquisition. Judges heralded the deal's scope, openness of negotiations, and its integration of two entirely different corporate cultures, saying it will likely push CNOOC into the world's top 10 energy companies by 2014 and change geopolitics.

Twenty recipients were named at the Platts Global Energy Awards, which recognized leadership by energy sector, premier projects, resource and community stewardship, innovative and green technologies, and top deals.

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