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To fulfil Oil Ministry s grand vision, ONGC must take a slick new avatar

To fulfil Oil Ministry’s grand vision, ONGC must take a slick new avatar June 28, 2021 Today 80% of ONGC’s production comes from only 24 fields, while remaining 190 fields contribute only 20%   -  REUTERS Today 80% of ONGC’s production comes from only 24 fields, while remaining 190 fields contribute only 20%   -  REUTERS× Divesting non-core functions, focusing on exploration and strategy, key agendas The Ministry of Petroleum & Natural Gas would like the public sector energy giant ONGC to reassess its role with an ultimate aim of becoming a resource owner, functioning like a holding company. ONGC should focus on strategising, exploring and developing India’s energy space while monetising and divesting its resources and generating funds to reinvest, according to the Ministry.

Oil PSUs to support various Art & Handicraft projects

In line with the government s commemoration of 75 years of Indian Independence - Azadi ka Amrut Mahotsav, Petroleum Secretary Tarun Kapoor inaugurated an initiative by Oil PSUs to support various Art and Crafts in the country and launched .

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