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Old June 8th, 2016, 07:51 PM
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Default ONGC Founded

Hi I am looking for the information about the foundation of the Oil and Natural Gas Corporation(ONGC) as well as the progress & highlights of the company?
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Old June 9th, 2016, 02:35 PM
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Default Re: ONGC Founded

The starting points of ONGC can be followed to the Industrial Policy Statement of 1948, which required the improvement of petroleum industry in India.

Oil and Natural Gas Corporation (ONGC) was formally set up in 1956 with huge commitment in modern and financial development of the nation.

ONGC (Oil and Natural Gas Corporation Limited) is India's driving oil and gas investigation organization. ONGC has created more than 600 million metric huge amounts of unrefined petroleum and supplied more than 200 billion cubic meters of gas since its commencement.

Today, ONGC is India's most astounding benefit making corporate. It has an offer of 77 percent in India's raw petroleum generation and 81 for each penny in India's regular gas creation.

Real Achievements of ONGC

Judged as Asia's best Oil and Gas organization, according to a late review directed by US-based magazine 'Worldwide Finance'

Positioned as the second greatest E&P organization (and first as far as benefits), according to the Platts Energy Business Technology (EBT) Survey 2004.

Drives the rundown of Indian organizations recorded in Forbes 400 Global Corporates and Financial Times Global 500 by Market Capitalization.

Just completely coordinated petroleum organization in India, working along the whole hydrocarbon esteem chain.

Holds biggest offer of hydrocarbon acreages in India.
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