Oil and Natural Gas Corporation (NSE:ONGC)

The Times of India  Mar 9  Comment 
The Tripura unit of Oil and Natural Gas Corporation Limited (ONGC) has intensified exploration to create a recoverable reserve of gas for at least 15 years, a top official of the company said.     
The Hindu Business Line  Mar 9  Comment 
The Hindu Business Line  Mar 5  Comment 
The Madras High Court on Wednesday directed Oil and Natural Gas Corporation in Karaikkal to pay Rs 8.80 lakh as compensation to a minor boy, whose vital organs were removed due to an explosion of...
The Times of India  Feb 12  Comment 
ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation Limited (ONGC), has entered into separate agreements with two consortiums of international banks to raise $2.5 billion by way of offshore borrowings to finance its...
The Hindu Business Line  Feb 12  Comment 
The Times of India  Jan 14  Comment 
Oil and Natural Gas Corporation is seeking a strategic partnership with Kuwait Petroleum Corporation (KPC) in two upcoming petrochemicals projects, its chairman Sudhir Vasudeva said.     
The Hindu Business Line  Jan 7  Comment 
State-owned Oil and Natural Gas Corporation and Oil India Ltd today paid $2.475 billion to Videocon Group for acquiring 10 per cent stake in a giant gas field off Mozambique. ONGC Videsh...
The Hindu Business Line  Jan 5  Comment 
State-owned Oil and Natural Gas Corporation (ONGC) will invest over $9 billion in bringing to production an array of oil and gas discoveries in its prolific Krishna Godavari basin block off the ea...
The Hindu Business Line  Jan 2  Comment 
Oil and Natural Gas Corporation (ONGC) is hopeful of completing sale of minority stakes in three of its coal-bed methane (CBM) assets located in Jharkhand and West Bengal to private players this f...
The Hindu Business Line  Dec 30  Comment 
Oil and Natural Gas Corporation (ONGC) expects to increase natural gas output from the Krishna Godavari Basin (KG Basin) region by commissioning two more wells — GI and SI Vasistha — before August...
The Hindu Business Line  Dec 9  Comment 
The stock of Oil and Natural Gas Corporation surged 3 per cent with above average volume on Monday. This rally helped it to decisively break through a key long-term resistance level as wel...
The Times of India  Dec 1  Comment 
Gujarat high court has directed Oil and Natural Gas Corporation (ONGC) to pay dues worth Rs 5,000 crore to Rs 6,000 crore to the state government towards differences in royalty of crude the PSU has extracted since 2008.     


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One of the navratnas among public sector undertakings in India, Oil and Natural Gas Corporation Limited (ONGC) is the largest oil and gas exploration and production company in India, and one of the largest companies in India by revenue (FY 2007-08 revenues Rs. 615, 426 million)[1]. ONGC has the rare distinction among Indian companies of ranking regularly among Forbes and Fortune lists, and is known as a leader in its industry among its Asian counterparts. (link to various lists) ONGC is unique among Indian petroleum companies as the only company present in the entire hydrocarbon value-chain.

ONGC owns and operates more than 11,000 km of pipeline in India carrying various products, including 3,200 km of sub-sea pipelines.

ONGC has many assets across India and abroad, and has been active recently in acquiring rights to exploration sites around the world through its overseas exploration and production subsidiary ONGC Videsh Limited (OVL). During the financial year 2007-08, it had acquired 11 sites in 6 countries around the world bringing the number of overseas projects ONGC is involved with upto 38 across 18 countries. Of these 38 projects, 24 are in the Exploration stage, 6 in the Development stage and 7 in the Production stage. The remaining project is a Sudan pipeline project.

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  1. ONGC Annual Report 2007-08 (2008).
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