Oil and Natural Gas Corporation

The Oil and Natural Gas Corporation (ONGC) is a wholly-owned subsidiary of the Indian government that produces crude oil and natural gas. New Delhi is the company's registered office. It is owned by the Indian government's Ministry of Petroleum and Natural Gas. It is the country's largest government-owned oil and gas exploration and production business, producing over 70% of India's crude oil (equal to around 57 percent of total demand) and 84 percent of the country's natural gas. The Maharatna title was bestowed on ONGC by the Indian government in November 2010.

It was identified as the largest profit-making PSU in India in a poll conducted by the Government of India for the fiscal year 2019–20. Platts ranks it seventh among the Top 250 Global Energy Companies.

The Government of India established ONGC on August 14, 1956. It operates about 11,000 kilometers of pipelines in India and is involved in exploring for and utilizing hydrocarbons in 26 sedimentary basins. ONGC Videsh, the company's foreign affiliate, is currently working on projects in 17 countries. ONGC has discovered hydrocarbons in seven of the eight producing Indian basins, totaling about 7.15 billion tonnes of in-place oil and gas. ONGC has maintained production from its brownfields, such as Mumbai High, despite a global fall in matured field production, because of aggressive investments in various IOR (Improved Oil Recovery) and EOR (Enhanced Oil Recovery) programs.

Founded: 1956

Headquarters: New Delhi, India

Market Cap: 21.084 Billion USD

Website: www.ongcindia.com