About Oil and Natural Gas Corporation Limited (ONGC) 

Oil and Natural Gas Corporation Limited (ONGC) established itself as India’s main energy company after its incorporation on June 23, 1993 from New Delhi. The Group operates in two main areas: exploration, development and production of crude oil, natural gas and value‑added products in India; acquisition of oil and gas acreages outside India; and downstream activities such as refining and marketing of petroleum products, petrochemicals, power generation, LNG supply, pipeline transportation, SEZ development, helicopter services, manufacturing of ethanol and sugar, and green and renewable energy business. The 17 plants and 19 offices of ONGC are based in India while its markets operate across 12 states and exports generate 5.65% of the total turnover. ONGC obtains most of its income through sales made to Oil Marketing Companies operating in India. The ONGC Group has seven subsidiaries and the Integrated Report describes several subsidiaries and joint ventures but does not detail the full structure of the group. As part of its global exploration and production efforts ONGC Videsh Limited (OVL) operates 32 projects across 15 countries.

Oil and Natural Gas Corporation Limited’s (ONGC) Business Segments

• The main activity shares of turnover for Exploration and Production included 45.47% crude oil, 48.16% natural gas and 6.37% value-added production.

• Product mix (share of turnover, products accounting for 90% of turnover): Crude oil 64.95%; Natural gas 24.53%; LPG 3.76%.

Oil and Natural Gas Corporation Limited (ONGC) Geographic Presence : Exports contributed 5.65% of total turnover; the balance was domestic.

Oil and Natural Gas Corporation Limited (ONGC) Key Management

• Arun Kumar Singh serves as the Company’s CEO and Chairman.

• Pankaj Kumar – Director (Production)

• Sushma Rawat – Director (Exploration)

• Manish Patil – Director (Human Resource)

• Vivek Chandrakant Tongaonkar – Director (Finance)

• Arunangshu Sarkar – Director (Strategy & Corporate Affairs)

• Vikram Saxena – Director (Technology & Field Services)

Latest Updates on Oil and Natural Gas Corporation Limited (ONGC)

• Strategic roadmap: ONGC’s Energy Strategy 2040 outlines targets to boost oil and gas production while raising integrated portfolio revenue by 200% and earnings by 400% as non‑hydrocarbon segments reach at least 10% of additional profits and renewable power generation will reach more than 4.1 GW through the Ayana Renewable Power partnership.

• Exploration breakthroughs: ONGC began conducting ultradeepwater drilling in the Andaman Sea by operating the DDKG‑1 rig that will drill at depths exceeding 5,000 metres. The company announced major discoveries when ‘Chola’ was found in Cauvery Offshore basin (August 2024) and ‘Chandramani’ was discovered in Western Offshore basin (July 2024).

• Downstream momentum: HPCL set a new refinery throughput record at 25.27 MMT during FY’25 and HPCL expanded its retail network to exceed 23,700 outlets. MRPL processed 18.04 MMT at 120% capacity utilization while OPaL finished its capital restructuring phase and transitioned from SEZ to Domestic Tariff Area to access new markets and operate with greater flexibility. The petrochemical product sales at OPaL increased to 1,785 KT during FY’25 from 1,769 KT during FY’24.

• International footprint: The 32 projects operated by OVL across 15 countries underlined ONGC’s position as India’s leading integrated energy group with worldwide E&P operations.

• Recognitions: ONGC took the 180th position globally among Indian companies in Fortune Global 500 (2024) and ranked 220th worldwide while standing sixth in India according to Forbes Global 2000 (2025) in addition to numerous other industry and reporting awards during 2024–25.