EE Impact

Oil and Natural Gas Corporation (ONGC)

India · Energy, Oil & Gas

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Still operating in Russia

The Oil and Natural Gas Corporation Limited is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is headquartered in New Delhi. ONGC was founded on 14 August 1956 by the Government of India.

Status last verified 03/08/2026Source checked 14/11/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 18/06/2023 · Reference ↗

Indian Oil and Natural Gas Corp's (ONGC) exec expects Russia to make up 30% of company's imports this year. Singh said that there is no sanction on Russian oil and unless the government decides otherwise, ONGC group refiners Hindustan Petroleum Corporation (HPCL) and Mangalore Refinery and Petrochemicals (MRPL)–are free to buy crude from Russia.

Local stats (LeaveRussia)

Glob.Revenue, mln.USD
77547

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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