Oil and Natural Gas Corporation Limited Stock Company Profile

Description

Oil and Natural Gas Corporation Limited explores for, develops, and produces crude oil and natural gas in India and internationally. It operates through two segments, Exploration and Production, and Refining & Marketing. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, ethane/propane, naphtha, superior kerosene oil, low sulphur high stock, aviation turbine fuel, mineral turpentine oil, and high speed diesel. In addition, it generates electric power through 726.6 megawatts (MW) gas based power project in Tripura; 51 MW wind power project in Bhuj, Gujarat; and 102 MW wind power project in Jaisalmer, Rajasthan, as well as generates solar power through a total installed capacity of 31 MW. The company was incorporated in 1993 and is based in New Delhi, India.