ONGC Verified group

Business
Description

Oil and Natural Gas Corporation Limited is India’s principal national oil company, a Maharatna explorer-producer whose underground acreage still supplies most of the crude and a majority of the natural gas consumed in the country. More than 23,500 professionals work the basins—from Mumbai High and the western offshore to Assam, Krishna-Godavari, and the older onland fields—plus the technical centres that keep ageing wells on stream. In FY26 the company reported profit after tax of ₹328,940 million and hydrocarbon production of 40.46 million tonnes of oil equivalent including joint ventures. Those two numbers explain the political weight of ONGC: it is both a listed energy stock and a security-of-supply institution. Domestic oil from ONGC still accounts for about 73 percent of India’s crude production and about 57 percent of its natural gas, which is why a shutdown in a western offshore asset shows up in import bills and in city-gas plans. The commercial book is upstream first. ONGC sells crude to Indian refiners, gas to GAIL and other offtakers, and value-added products from plants that sit beside the fields. It is not a petrol-pump retailer in the way HPCL or BPCL is, even though the ONGC group now owns downstream and petrochemical stakes. Internationally, ONGC Videsh Limited holds 29 projects across 14 countries, giving the parent a barrel-and-boe option beyond Indian sedimentary basins—from producing assets to exploration that may or may not become reserves. Those overseas stakes are the hedge against domestic decline; they are also where geopolitical risk lives, and they are disclosed in Videsh and consolidated accounts rather than in a social caption. Social destinations listed here—Facebook, Instagram, X, LinkedIn, and YouTube—are official corporate and employer-brand channels. They publish rig and platform films, safety and community work, results colour, and recruitment stories. They are not crude-nomination desks, vendor-registration inboxes, or places to send invoices, KYC, or bank details. Impersonation around oil-PSU names is common; prefer verified handles and confirm production, PAT, and Videsh project counts on ongcindia.com or in statutory filings. English is the corporate language. Treat every post as public-affairs content from a 23,500-plus-strong explorer that still supplies roughly three-quarters of India’s crude and most of its gas, then verify anything material at the source.

Added: 5d ago
Status: Verified
English
India

Community rules

  • Official X updates only. Replies are not crude-sales support.
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