With a turnover of Rs 75529.12 crore (Rs 755.29 billion) in 2007, ONGC is the fifth largest company in India. It is also has the distinction of being highest profit making corporation in India.

R S Sharma is the chief managing director of Oil and Natural Gas Corporation Limited.

ONGC is a Fortune Global 500 company which contributes 77 per cent of India's crude oil production and 81 per cent of India's natural gas production.

It was set up as a commission on August 14, 1956. Indian government holds 74.14 per cent equity stake in this company.

ONGC is engaged in exploration and production activities. It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India. It produces about 30 per cent of India's crude oil requirement. It owns and operates more than 11,000 kilometers of pipelines in India.

The company was incorporated on June 23, 1993 is an Indian public sector petroleum company.

ONGC's maxim is 'Making tomorrow brighter'.

Image: ONGC vessel