ASIA

ONGC Asia’s best oil company: award

THE Global Finance magazine has rated Indias Oil and Natural Gas Corp (ONGC) as Asias best oil an...

The company’s director exploration Y.B. Sinha received the award on behalf of the company in New York at the Seventh Annual Global Finance World's Best Companies Award.

“Although ONGC has been affected by government decisions to force energy companies to subsidise prices to buyers, the company’s underlying performance is still exciting,” the magazine said.

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