Saudi Aramco and PetroChina officials accepted Hart Energy Publishing's Refining & Energy Company of the Year Awards in Phoenix, Arizona on Wednesday at the Hart executive briefing, “Refining, Fuels & Biofuels: Working Together Towards a Clean & Sustainable Future.” Saudi Aramco won its Hart award for excellence in global energy, recognized as the International Energy Company of the Year Honoree. PetroChina won its Hart award for excellence in refining as the International Refining Company of the Year. Accepting the award on behalf of Saudi Aramco was Dawood Al-Dawood, vice-president of Marketing, Supply and Joint Venture Coordination. “This is a highly prized award,” Al-Dawood told the Hart conference. “Aramco is committed to be the world's energy supplier of choice,” he added, citing the company's exceptional petroleum supply capacity and reliability, plus a renewed commitment to the “preservation of our planet's environment.” On top of Aramco's $62 billion investment to boost oil production over the last five years, the company is now committed to a further $90 billion investment across the board over the next five years, he said. As a result, about half of the world's expected crude oil capacity growth over that period is expected to come from Aramco alone. Accepting the award on behalf of PetroChina - now the world's largest energy company - was Qian Jinhua, senior director, Science and Technology Management Division. “Representing PetroChina, we would like to express that we feel privileged and honored to be recognized as the 2010 International Refining and Energy Company of the Year,” she said. “PetroChina is an international company with multi-global interests,” she added. “Our business is wide ranging, spanning petroleum, LP-gas, exploration, refining to petrochemicals. We have always cooperated with many international reputable organizations in terms of both technical and operational exchange of ideas.” “For 23 years, we at Hart have had a long history of recognizing excellence in and International Refining and Global Energy Excellence,” said Frederick L. Potter, executive vice president, Hart Energy Publishing. “As the world demands more integration and excellence from the oilfield to global refining centers, these companies exemplify the traditions that are embodied in this prestigious award. Both PetroChina and Saudi Aramco are dedicated to further investment in the refining and energy sectors, improving the quality of their products, and raising the financial, environmental, and health-and-safety performance of their refining and energy operations.” In selecting the Global Refiner of the Year, the editorial staff of FUEL magazine and Hart Energy Publishing, LP considers corporate achievement in three primary categories: q Cleaner Environment. Producing cleaner, higher-quality gasoline and diesel fuel is among the greatest achievements recognized each year. q Investment and Corporate Growth. The award recognizes the highest operational standards for international refining. Recipients also demonstrate innovative use of resources, often in a difficult environment. q Vision. The recipients are recognized for their innovation, global vision and their ability to look into the future, as responding only to current conditions will not fully meet the rising demands of the public, or benefit industry. Both PetroChina and Saudi Aramco have exemplified the rich traditions of this prestigious award.
