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ONGC is now a 'gas-and-oil' company as output shift accelerates toward natural gas, says chairman

ONGC transitions to a 'gas-and-oil' company, with natural gas driving future growth amid rising domestic demand and pricing reforms.

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economictimes.indiatimes.com

thehindubusinessline.com

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thehindubusinessline.comStai leggendo1 mese fa

ONGC is now a 'gas-and-oil' company as output shift accelerates toward natural gas, says chairman

ONGC shifts to 'gas-and-oil' identity as natural gas output exceeds crude oil; new fields and deepwater projects target 7-8% annual gas growth. India's pivot toward cleaner gas reflects infrastructure investment trends that signal enterprise energy-sourcing strategies and sustainability compliance cost shifts.

originale

economictimes.indiatimes.com1 mese fa

ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude

ONGC repositioned itself as a gas-focused producer after gas output exceeded crude, targeting 7-8% annual growth from deepwater projects. The shift signals India's energy transition toward gas with policy backing, reshaping upstream investment priorities and long-term energy security.

Timeline cronologica

domenica 21 giugno 2026·economictimes.indiatimes.com
ONGC rebrands itself as ‘gas and oil’ firm as natural gas output overtakes crude
State-run ONGC is shifting its focus, now prioritizing natural gas over crude oil. Chairman Arun Kumar Singh announced that gas production has surpassed oil, with future growth…
domenica 21 giugno 2026·thehindubusinessline.com
ONGC is now a 'gas-and-oil' company as output shift accelerates toward natural gas, says chairman
ONGC transitions to a 'gas-and-oil' company, with natural gas driving future growth amid rising domestic demand and pricing reforms.