Hart Energy Award
IndianOil has won the prestigious Hart Energy Award for its contributions towards a cleaner environment. Along with Lyondell Basell, IndianOil has been announced as the winner in the Refining & Energy Company of the Year awards category at the World Refining & FUEL conference, "Unconventional Feedstocks & Fuels Mandates: Operating Amid Change" held recently in San Diego.
Hart Energy Senior Vice President E.Kristine Klayers speaking on the occasion said, “For 25 years, we have identified companies which have excelled in both global energy and refining. This year, IndianOil and LyondellBasell exemplify the traditions that are embodied in this prestigious award."
Dr RK Malhotra, accepting the award on behalf of the Corporation, said that some of the company’s R&D efforts, such as its innovative refining catalyst technology, have made significant differences and are a result of IndianOil’s efforts in consistently pursuing excellence in innovation and business processes. The two companies were recognized for their corporate achievement in three primary categories of Cleaner Environment, for producing cleaner, higher-quality gasoline and diesel fuel; Investment and Corporate Growth, with the recipients operating with the highest international refining standards and innovative use of resources in diverse environments as well as vision and ability to chart future changes.
PetroChina, Saudi Aramco, Chevron and Pemex are some of the previous winners of this prestigious energy award. Hart Energy is a Houston-based information provider to the world’s energy industry. The company’s market–leading publications include the Oil and Gas Investor, E&P, FUEL and Midstream Business.