ONGC expects 39 MMTOE oil and gas production this fiscal, 40 MMTOE next year

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oil and gas

6 August 2026 at 8:12 am

ONGC expects 39 MMTOE oil and gas production this fiscal, 40 MMTOE next year

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Summary

ONGC anticipates oil and gas production to reach 39 MMTOE this fiscal year and 40 MMTOE next year, with executives expecting oil prices around $75 per barrel to support deepwater exploration.

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