ONGC

ONGC (Oil and Natural Gas Corporation Limited) (incorporated on June 23, 1993) is a public sector petroleum company in India. It is a Fortune 2000 company, the most valuable company in India (by market capitalisation) contributing 77% of India's crude oil production and 81 % of India's natural gas production. It is the highest profit making corporation in India. It was set up as a commission on August 14, 1956.

It is involved in exploring and exploiting hydrocarbons in 26 sedimentary basins of India. It produces about 30% of India's crude oil.

Oil & Natural Gas

Chairman: Subir Raha

Sales $9.78 bil

Profits $2.16 bil

Assets $19.18 bil

Market Value $27.86 bil

Employees 38,033

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