202025 Nov
Biosurfactants Highlighted as a Top Technology in S&P Global Energy Awards
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Summary

“Low oil prices, scarcity of capital investments, limited operating budgets have driven a search for technologies that can improve production, ESG compliance and financial security,” said Jonathan Rogers, CEO of Locus Bio-Energy Solutions. “Biosurfactants have been recognized by the scientific community for decades, but Locus BE is the only company that can produce them in the quantities and at the price points required for use at scale in the oil industry,” Rogers said. Locus BE and other 2020 finalists were chosen from 300+ nominations across three dozen countries based on the ability to address key concerns, such as growing ESG and financial pressure on oil operators. “Finalists like Locus Bio-Energy Solutions reflect the evolution of the industry, highlighting technology innovations as well as accelerated focus on energy transition to an ESG-friendly environment,” said Martin Fraenkel, president of S&P Global Platts. Locus BE and other 2020 finalists were chosen from 300+ nominations across three dozen countries based on the ability to address key concerns, such as growing ESG and financial pressure on oil operators.“Finalists like Locus Bio-Energy Solutions reflect the evolution of the industry, highlighting technology innovations as well as accelerated focus on energy transition to an ESG-friendly environment,” said Martin Fraenkel, president of S&P Global Platts.Winners will be selected by an independent panel of judges and announced at the live-streamed Global Energy Awards Virtual Gala on December 10th.

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