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Ongc
Limited | | Type | Public | Traded as | NSE: ONGC, BSE: 500312
BSE SENSEX Constituent | Industry | Oil and gas | Founded | 14 August 1959 | Headquarters | Tel Bhavan, Dehradun, India | Key people | Sudhir Vasudeva
(Chairman & MD) | Products | Petroleum, natural gas, and other petrochemicals | Revenue | US$ 27.18 billion (2012)[1] | Operating income | US$ 6.55 billion (2012)[1] | Profit | US$ 4.22 billion (2012)[1] | Total assets | US$ 43.01 billion (2012)[1] | Total equity | US$ 25.74 billion (2012)[1] | Owner(s) | Government of India | Employees | 32,862 (2012)[1] | Subsidiaries | MRPL | Website | www.ongcindia.com |

Oil and Natural Gas Corporation Limited (ONGC) (NSE: ONGC, BSE: 500312) is an Indian multinational oil and gas company headquartered in Dehradun, India. It is one of the largest Asia-based oil and gas exploration and production companies, and produces around 77% of India's crude oil(equivalent to around 30% of the country's total demand) and around 81% of its natural gas.[2] It is one of the largest publicly traded companies bymarket capitalization in India.[3] ONGC has been ranked 357th in the Fortune Global 500 list of the world's biggest corporations for the year 2012.[4] It is also among the Top 250 Global Energy Company by Platts.[5]
ONGC was founded on 14 August 1956 by the Indian state, which currently holds a 69.23% equity stake. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11,000 kilometers of pipelines in the country. Its international subsidiary ONGC Videsh currently has projects in 15 countries.
Bold text==History==
101.0.59.59 (talk) 02:16, 14 February 2013 (UTC)==Foundation to 1961==
During the pre-independence period, the Assam Oil Company in the northeastern and Attock Oil company in northwestern part of the undivided India were the only oil companies producing oil in the country, with minimal exploration
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