There were 847 press releases posted in the last 24 hours and 179,583 in the last 365 days.

API awards its highest honor to Clarence P. Cazalot Jr. at annual meeting

WASHINGTON, November 10, 2014 – The American Petroleum Institute (API) awarded its highest honor – the Gold Medal for Distinguished Achievement – to Clarence P. Cazalot Jr. in recognition of his outstanding leadership and service to the oil and natural gas industry, his community, and the nation.

“For more than four decades, Clarence Cazalot’s steady leadership, vision and personal integrity have guided the management strategies and innovations that helped drive the 21st century American energy renaissance,” said Jack Gerard, API president and CEO. “He has been a pioneer of the U.S. oil and natural gas industry, and an outstanding leader for two of America’s most storied and iconic energy companies: Marathon and Texaco.”

Under 14 years of leadership as chairman, president and chief executive officer of Marathon Oil Corporation, Cazalot guided the success of one of the world’s largest oil and natural gas companies. Prior to taking the helm at Marathon Oil Corporation, he served in multiple senior executive positions at Texaco, Inc.

He also holds positions on the boards of directors of leading energy companies, including Baker Hughes, FMC Technologies, and Spectra Energy. As API Chairman, Cazalot shared his unique and invaluable expertise and knowledge across all sectors of the oil and natural gas industry, according to Gerard.

“These contributions are eclipsed only by his commitment to the community and health care advocacy,” Gerard said. “He and his wife, Ann, have graciously funded significant research projects to help find a breast cancer cure.”

Cazalot’s outstanding record of philanthropy includes service on the Board of Memorial Hermann Health Care System and on the Board of Visitors of the University of Texas MD Anderson Cancer Center. He also supports his alma mater, Louisiana State University, which awarded him an Honorary Doctorate in 2007, and he serves on the board of the LSU Foundation.

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation’s energy and are backed by a growing grassroots movement of more than 20 million Americans.