ONGC has been ranked as the top energy company in India in the coveted Platts Top 250 Global Energy Company Rankings 2014. It has improved on its global ranking up by a notch to feature at position 21 among global energy majors. In Asia/Pacific (APAC) rim, where several major E&P companies have operations, it is featured at the fifth position, rising from last year’s seventh rank. Platts, McGraw Hill Financial, mentions that Top 250 recognises outstanding financial performance for the previous year. The listing is acknowledged as one of the most important recognitions of performance in the energy sector.
With many major initiatives in the pipeline, the largest profit making Maharatna Company, ONGC is poised to gain bigger milestones in the future.