Policy
India’s Oil Demand To Accelerate In2026 And 2027, Says OPEC
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Gas Oil And Petrol Cracks At All Time High
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Crude Prices Continue To Fluctuate, Brent Down To $ 101Per Barrel
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Shutting Down Of East West Pipeline Increases India’s Cost Of Securing Crude
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Amidst Rising Global Price India Seeks Alternate Suppliers Of Crude
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Regulation
India Hit By Spike In Oil Tanker Shipping Costs
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Indian Refineries’ Consistently High Capacity Utilisation
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OMCs Launch Technology-Led LPG Service Initiatives
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India Scaling Up Energy Storage System
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Alternative Energy / Fuel
Coal’s Increasing Role In India’s Energy Scene
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New Projects
EIL Bags Contract To Execute A Mega Refinery In Kenya
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IOC Approves Rs.24.48 Billion For Kochi-Thoothukudi Gas Pipeline
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Petronet LNG To Invest Rs.12 Billion In 10 CBG Plants
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Market Watch
BPCL Signs And Exchange Master SPA With Eni S.P.A
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Companies
Gruner Renewable Energy
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EPIC Bags Rs. 20 Billion Steel Pipe Order FromSaudi Aramco
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ONGC Strikes Gas In Mahanadi Deepwater
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Press Release [FREE Access]
Today's News » Chaos, Confusion and Rumours Surround Selection of New Head of Maharatna Oil Explorer ONGC
October 3, 2026: Confusion continues to surround the selection of the next Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC), with conflicting accounts emerging about the outcome of the search-cum-selection process.

While sources had indicated that three candidates were shortlisted after two lengthy rounds of interviews and their names forwarded for vigilance clearance, fresh media reports now suggest that the selection panel could not find a suitable candidate among those who appeared for the interviews.

The conflicting accounts have made the selection process increasingly difficult to decipher. If the latest reports are accurate, the exercise may have to be revisited, potentially extending uncertainty over the appointment of the head of India’s largest oil and gas producer.

From shortlisting to rejection?
Some media reports published on October 1 said the search panel constituted by the Ministry of Petroleum and Natural Gas had reportedly failed to identify a suitable candidate for the ONGC CMD post. The reports cited sources familiar with the process but did not provide an official confirmation from the Ministry.

This account differs sharply from the earlier information that three candidates had emerged from the interview rounds and that their names had been sent for vigilance clearance.

The key question is whether the reported shortlisting and vigilance-clearance process had reached a formal stage or whether the latest reports reflect a subsequent decision by the selection authorities. No public clarification has yet resolved the discrepancy.

(Source: Indian PSU)


To download the latest issue 'Volume 33 Issue 12 - September 25, 2026', click here
Petro Intelligence [FREE Access]
Concerns Over Rising LNG Prices Deepen
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LPG: Need To Find Ways To Avoid Future Shocks
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India Must Face Down Trump’s Tariff Threats
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Alliance That Could Break With A Corrupt Past
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Foreign Investment
AMPIN Energy Transition Secures Up To $100 Million From Norfund For India Expansion
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Overseas Investment
Welspun Corp Subsidiary To Set Up New Steel Pipe Factory In Jordan
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Gas Scene
Domestic Natural Gas Scene In July 2026
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Who Owns How Much Share In India’s Natural Gas Pipelines
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India Diversifying LNG Import Sources
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Indian Natural Gas Spot Price for Physical Delivery
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Domestic Natural Gas Production Exceeding Targets?
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Where Does India Figure Globally In LNG Imports?
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A Graphic Presentation Of Domestic Natural Gas Scene in June ’26
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Global Natural Gas Price Trends
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India’s City Gas Distribution (CGD) sector is expanding rapidly
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Updated Graphic Presentation of India’s Natural Gas Consumption and Import Dependency
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Dismal Domestic Natural Gas Scene In June 2026
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India’s Rising LNG import, Rusting Capacity Of Many LNG terminals
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Domestic Natural Gas Scene In May 2026
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CGD Sector’s Increasing Share In India’s Natural Gas Consumption
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Data Section
Monthly Upstream Data
Monthly Downstream Data
Historical database
Data Archives
Special Database
Oil India’s Healthy Reserve Base, Growth In Acreage, Exploratory Drilling
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Diesel’s Dominant Position In Petroleum Products Consumption In India
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Analysis Of Petroleum Products Consumption Trend During The Current FY
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India’s Crude Oil Import Drops In August, 2026
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Refill Affordability Problem Hits PMUY LPG Scheme
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Feedstock-wise Ethanol Production In India
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BPCL’s Three Major Refinery Projects In Progress
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Share Of Various Products In Overall Petroleum Products Consumption In FY 26’
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Specific Energy Consumption In India’s State-Owned Refineries
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India’s Growing Petroleum Marketing Infrastructure
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Petroleum Products: Decline In Imports, Surge In Exports In July 2026
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India’s Refinery Expansion Pace Has Slowed Down
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Domination of state-owned Companies (PSUS) in Petroleum retail outlets Continue Undiminished
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Analysis Of Crude Processed In Indian Refineries In July 2026
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India’s Crude Imports Jumps In July, Import From OPEC Down
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A Graphic Presentation Of India’s Petroleum Products Consumption
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Factors Behind Numaligarh Refinery Making Highest GRM Among Indian Refineries
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Why India’s Share of High Sulphur Crude Consistently Rising In Processing?
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Trend In Petroleum Products Consumption So Far During FY 2026-27
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Distillate Yield In India’s State-Owned Refineries
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Tenders [FREE Access]
ONGC
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