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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 .
The natural gas purchase price from the natural gas producers, like ONGC, Oil India Ltd. and private companies, is fixed by the government based on prices prevailing in the US, Russia, the UK and Canada. [63] LNG price is linked to the prevailing crude oil price in global markets. [64]
Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational [3] [4] oil and gas company under the ownership of Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is a public sector undertaking which is registered in Mumbai but headquartered in New Delhi. [5]
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.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas. [4] [5] [6]
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. [4]
Oil and Natural Gas Corporation (1 C, 27 P) ... Pages in category "Oil and gas companies of India" The following 29 pages are in this category, out of 29 total.
OIL's overseas portfolio has contributed significantly to accretion of reserves and production of oil and Natural gas. During 2016–17, OIL's Crude Oil and Natural Gas Production for its proportionate share of stakes in the overseas producing assets stood at 0.9069 MMT and 352.99 million cubic metre at standard conditions respectively.