Gas
ONGC Posts Highest H1 Profit
CEII brief
Rigzone reported on 6 Nov 2026: ONGC Posts Highest H1 Profit.
Read the full story on RigzoneThe Indian state-owned company reported around $3.46 billion in net income for the first half of its 2027 financial year, up 82 percent from the same six-month period of the prior year as high realized oil and gas prices offset lower production.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
