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Crude Oil Maharatna 153 Oil India Limited: 1981 Ministry of Petroleum and Natural Gas: Duliajan, Assam: Mining Crude Oil Navratna 154 ONGC Videsh: 1965 Ministry of Petroleum and Natural Gas: Mining Crude Oil 155 ONGC Mangalore Petrochemicals Limited: 2006 Ministry of Petroleum and Natural Gas: Karnataka: Manufacturing Petrochemicals 156 ...
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government.
After discovery of oil in the Assam state of India in late 1880s, the first oil refinery was set up at Digboi. Digboi Refinery was commissioned in 1901. [1] Following is a list of oil refineries in India, per the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas, Government of India, [2] arranged in decreasing order of their capacity.
Indian Oil has ventured into renewable energy and globalisation of downstream operations. It has subsidiaries in Sri Lanka , [9] Mauritius (IndianOil (Mauritius) Ltd), [10] and the Middle East (IOC Middle East FZE). [11] Indian Oil is ranked 94th on the Fortune Global 500 list of the world's biggest corporations as of 2022. [12]
The Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking which is the largest government-owned oil and gas explorer and producer in the country. It accounts for around 70 percent of India's domestic production of crude oil and around 84 percent of natural gas .
In this article we take a look at the top 10 energy sector stocks for 2021. Analysts believe that the energy sector is set to recover in 2021 after facing severe losses in 2020 on the back of the ...
A New Chapter to this Industry has been added by the evolution of ONGC Petro additions Ltd. (OPaL) on 15 November 2006 which is a joint venture company of Oil and Natural Gas Corporation Limited (ONGC), Gujarat State Petroleum Corporation Ltd. (GSPCL) and GAIL India Ltd. is a grass root Mega Petrochemical complex of Global scale based on dual ...
Taking a closer look at the financials, it’s clear Marathon Oil is a lot smaller than other oil stocks by market capitalization, sitting at just $16.858 billion. Marathon’s cash pile and ...