9 months ago
ONGC Chairman's Term Extended Amid US Pressure on Russian Oil
The Indian government has extended the term of Arun Kumar Singh, the head of ONGC, for another year.
This happens at a time when the US is pressuring India to buy less oil from Russia.
Mr. Singh has been in charge of ONGC since 2022.
Before that, he worked at BPCL, another big oil company in India.
He has a lot of experience in the oil and gas industry.
ONGC says they will keep buying Russian oil as long as it makes sense for business.
The US has put tariffs on Russian oil, but there are no sanctions stopping India from buying it.
ONGC Chairman Arun Kumar Singh's term extended by one year, effective December 7, 2025.
Extension comes amid US pressure on India to reduce Russian oil imports.
Singh has been ONGC chairman since December 2022, previously led BPCL.
ONGC states it will continue buying Russian oil as long as it is commercially viable.
Singh has nearly 38 years of experience in the oil and gas industry.
- Who
- Arun Kumar Singh, Chairman of ONGC
- What
- Term extension by one year
- Where
- India
- When
- Effective December 7, 2025
- Why
- To continue leadership amid US pressure on Russian oil imports
Key facts
- Chairman
- Arun Kumar Singh
- Company
- Oil and Natural Gas Corporation (ONGC)
- Term Extension
- One year, effective December 7, 2025
- Current Term Start
- December 2022
- Previous Role
- Chairman of Bharat Petroleum Corporation Ltd (BPCL)
- Experience
- 38 years in the oil and gas industry
- US Pressure
- To scale back Russian oil imports
- ONGC's Stance
- Continue buying Russian oil as long as commercially viable
Quotes
Arun Kumar Singh
Chairman of Oil and Natural Gas Corporation (ONGC)
“There is no bar or sanction on Russian oil as of now. Unless our government decides otherwise - which is not the case at present.”
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