India, with an estimated oil consumption level of an estimated 4,480,000 barrels per day ranks third behind the United States and China and is among the elite insofar as national oil consumption is concerned. But that is not the only reason for its popularity in the global oil & gas industry.
In a world where the ‘top brass’ amongst the standout executives in the sector are overwhelmingly males, the country’s largest oil and gas producer, Oil and Natural Gas Corporation (ONGC) recently announced the appointment of Alka Mittal as its Interim Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC), – the first woman to head the country’s largest oil and gas producer.
Ranked amongst the top ten oil and gas producers in the world, ONGC is ranked in the ‘big league’ alongside companies like ExxonMobil, China National Petroleum Corporation, BP, Saudi Aramco and Royal Dutch Shell.
The appointment was announced early in the new year and Mittal, the company’s substantive Human Resources Director, replaces Subhash Kumar, another interim head of the company who retired at the end of 2021, having reached retirement age.
ONGC’s new interim head joined ONGC in 1985 is the holder of a Doctorate in Commerce and Business.
ONGC explores for, develops, and produces crude oil and natural gas in India and internationally. It operates through Exploration and Production, and Refining & Marketing segments. 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, and high speed diesel.
In addition, it generates electric power through 726 megawatts (MW) gas-based power projects in various parts of India.
The company also generates solar power,
ONGC has two full-time woman directors on its board, the other being Pomila Jaspal, Finance Director in ONGC’s subsidiary, Mangalore Refinery and Petrochemicals Ltd (MRPL).
