Policy
India’s Crude Oil Import Cost UpBy 48% So Far This Year
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India Explores UAE As Key LNG, LPG And Crude Supplier
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GAIL Continues To Seek Equity Stake In US LNG Project
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Oil India Opts For Deepwater Drilling s New Exploration Strategy
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Rs 144.7 Billion Profits Predicted: State-Owned OMCs In For Remarkable Q2 Recovery
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Regulation
Saudi, UAE Keen To Invest In India’s Refinery Sector
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Rising LPG Supply Cost Creates A Fresh Problem For Govt.
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Petrol Pump Operators’ Agitation Over MDR Issue
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India’s Trade Shift Makes U.S Major LPG Import Source
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Alternative Energy / Fuel
India Achieves 300 GW Non-Fossil Fuel Power Capacity
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New Projects
RIL Proposes Underground Coal Gasification Complex In AP
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Mahanagar Gas Commissions Pipeline In Mumbai
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Market Watch
IOC- Jindal Stainless Extend Lubricant Supply Pact
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Companies
Actis
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Actis Announces Launch Of Renewable Energy Platform
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Simplex Infrastructures Gets Oil India Drilling Contract
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Repono Gets Railway Approval For Petroleum Terminal
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Press Release [FREE Access]
Today's News » Sunil Kumar to be new ONGC chairman, first to rise directly from executive director rank
October 23, 2026: The government has appointed Sunil Kumar, an executive director of Oil and Natural Gas Corporation (ONGC), as the state-run energy major's next chairman, making him the first executive in the company's history to be elevated directly from the executive director rank to its top post. Kumar will succeed Arun Kumar Singh, whose extended tenure ends on December 6, according to the appointment decision.

The appointment follows a multi-stage selection process in which a search-cum-selection committee conducted two rounds of interviews before recommending Kumar. The appointment was subsequently approved by the Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi.

The October 21 order said Kumar, who is currently ED of ONGC's Mehsana asset, has been appointed chairman of the company "with effect from the date of his assumption of charge of post on or after December 7, 2026, till his superannuation, ie December 31, 2028 and thereafter on contract basis, for a combined tenure of three years, or until further orders, whichever is earlier.

"Kumar's elevation represents a departure from the conventional progression to ONGC's top job, which has generally involved prior service in board-level positions.
His appointment marks the first time an ONGC executive has been elevated directly from the rank of executive director - one level below the board - to the company's top job. Similar appointments have been made at other state-owned energy companies, including Indian Oil Corporation (IOC) and GAIL (India) Ltd, but ONGC has not previously followed this route to the chairmanship.

Kumar's appointment puts an operational executive in charge of the country's largest oil and gas producer at a time when the government is seeking to increase domestic hydrocarbon output and reduce dependence on imports.
Kumar, 58, took charge as Executive Director and Asset Manager of ONGC's Mehsana Asset on January 8, 2025. He was subsequently appointed an ONGC nominee director on the board of ONGC TERI Biotech Ltd, effective January 24, 2025.

A petroleum engineering graduate of the Indian School of Mines, Dhanbad, Kumar also holds a postgraduate qualification in business management, specialising in marketing and finance.

(Source: Daily Excelsior)


To download the latest issue 'Volume 33 Issue 12 - September 25, 2026', click here
Petro Intelligence [FREE Access]
Is India Bartering Away Its Heft?
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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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Foreign Investment
Sumitomo To Participate In Renewable Energy Project In India
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Overseas Investment
BPCL Readies $3-Billion Bond ToFund Brazil Oil Project
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Gas Scene
Domestic Natural Gas Scene In August 2026
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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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Sector-Wise Consumption Of Natural Gas In India
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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
Bharat Petroleum Corporation Ltd To Expand Capacity Of Its Refineries
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The exact weightage of crude petroleum, natural gas, and mineral oils (petroleum products) in India’s Wholesale Price Index (WPI)
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HPCL’s Portfolio expansion in Petrochemicals & Natural Gas
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Petroleum Sector’s Contribution To National Exchequer
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IOC’s Major Projects In Advanced Stage Of Execution
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High Sulphur Crude Processed By Indian Refineries During April-August FY 27
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HPCL’s Refining Capacity To Reach 45.3 Million Tons By 2027-28
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Analysis Of Crude Processed In Indian Refineries In August 2026
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BPCL’s Financial Performance Standalone, Consolidated During FY’23 To FY’26
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Consumption Growth Of Petroleum Products Drops In August 2026
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Fall In Import, Export Of Petroleum Products In August 2026
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Diverging Views On Global Oil Demand
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Indian Crude Basket Price In August 2026
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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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Increasing Popularity Of PMUY LPG Program
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Tenders [FREE Access]
ONGC
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Vedanta Oil and Gas
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