Making Tommorrow Better

8/20/2019 Making Tommorrow Better

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“MAKING TOMMORROW BETTER: A CASE STUDY ON OIL AND fossil fuel

CORPORATION (ONGC)

BY

Ri!" Si#$%"l

ABSTRACT:

T%e &"se 'es&ies *%e e+,"#sio# s*"*e$! "#' 'i-esi.&"*io# ,l"#s of *%e $o-*/

o0#e' Oil "#' fossil fuel Co,o"*io# es*i&*e' (ONGC)1 *%e i$$es* oil e+,lo"*io#

"#' ,o'u&*io# (E2"3,4P) &o3,"#! i# B%""*/ ONGC %"s &lose *o 3o#o,ol! i#

I#'i"5s oil E2"3,4P usi#ess 3"#uf"&*ui#$ #e"l! #i#e*! 6 of *%e &ou#*!5s &u'e

"#' fossil fuel/ u#*il *%e l"*e Ni#e*ies1 *%e &o,o"*e 0"s &%ie7! &o#.#e' *o

u,s*e"3 "&*i-i*ies of E2"3,4P/ so "s *o &u* "&8 is8s i#%ee#* i# &o#.#i#$ *o "*

le"s* o#e "&*i-i*! "#' *o e"li9e 3o#e! s*"ili*! "#' s*e"'! $o0*%1 ONGC

#o#%ei*"le " si$#i.&"#* eui*! s*"8e i# M"#$"loe i#'us*i"l ,l"#* "#'

Pe*o&%e3i&"ls es*i&*e' *%us o# e#*e *%e 'o0#s*e"3 "&*i-i*ies of ,ui.&"*io#/

Wi*% *%is1 ONGC e&"3e *%e ,i3"! i#*e$"*e' &o3,"#! i# B%""*/

KEYWORDS

ONGC1 Cu'e Oil1 fossil fuel1 LPG1 MRPL

INTRODUCTION

;ONGC is si3,l! so* of " l"$e o&e"#/ As i# "sso&i"*e o&e"#1 !ou 3"! #o*i&e "

,l"&es *%"* "e" u#i* *%us &"l3 *%"* e"&% 'o, of 0"*e ",,e" *o e s*"$#"#*/

0%ee"s *%ee 0ill e &o3,o#e#*s of o&e"#1 *%"* %"-e 0"-es e*u#i#$ "#' $oi#$*%"* "e" u#i* "s %i$% "s " *0o


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e+,lo"*io# li&e#ses i# B%""* fo o-e @ *%ous"#' s/ 8ilo3e*e elo#$e' *o

ONGC/

T%e &o3,"#! 0"s *%e ,i3"! *o e"li9e Rs " %u#'e' # i#*e#e* ,o.*s 0i*%i# *%e

I#'i"# &o3,"#! %is*o!/ ONGC5s 3">o ,o'u&* e#&lose' &u'e1 &u'e fossil fuel1

liue.e' &u'e $"s (LPG)1 %!'o&"o# "#' o$"#i& &o3,ou#' fee's*o&8/ o *%e

*0el-e3o#*% "ll o-e oi#*l! ,o&l"i3e' i*s i#*e#*io#s of &o3i#$ i#*o *%e i#su"#&e "#'

s%i,,i#$ usi#ess 0i*%i# *%e #e+* #u3e of !e"s/ o0e-e1 ONGC5s 'i-esi.&"*io#

,l"#s e&ei-e' " si$#i.&"#* e-es"l o#&e *%e $o-*/ of B%""* (GoI) ,o&l"i3e' *%"**%e &o,o"*e ou$%* *o s*i&8 0i*% i*s &oe usi#ess i#s*e"' of -e#*ui#$ i#*o

5u#el"*e'5 "e"s/

RISE O ONGC

JF

I# @@1 Go-e#3e#* of B%""* se* *o 'e-elo, *%e oil "#' fossil fuel esou&es 0i*%i#*%e #u3eous e$io#s of *%e &ou#*! "s " ,"* of Puli& Se&*o 'e-elo,3e#*/ Wi*%

*%is o>e&*i-e1 "sso&i"*e Oil "#' fossil fuel o"' 0"s es*"lis%e' i# @@ elo0 *%e

*%e# Mi#is*! of N"*u"l Resou&es "#' ese"&%/ T%e 'e,"*3e#* 0"s ,l"#*e' 0i*%

" #u&leus of $eos&ie#*is*s fo3 *%e e"*% s&ie#&e su-e! of B%""*/


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i#"ll!1 *%e -isi*i#$ So-ie* &o#sul*"#*s ole ,l"!e u, "# i# 'e,*% ""#$e fo e"*%

s&ie#&e "#' $eolo$! su-e!s "#' 'illi#$ o,e"*io#s *o e 'is*iu*e' 0i*%i# *%e

#'i-e Ye" ""#$e (@o!i#$ .el'1 0i*% i*s "&*i-i*ies u#fol'

*%ou$%ou* B%""* "#' &o#si'e"l! i# o-ese"s *ei*oies/ 0i*%i# *%e i#l"#' "e"s1

ONGC #o* solel! fou#' #e0 esou&es i# ,o-i#&e %o0e-e &o#>oi#*l! es*"lis%e'

#e0 oil ,o-i#&e i# C"3"! "si# (Gu>""*)1 0%ee"s "''i#$ #e0 ,e*olifeous "e"s

0i*%i# *%e Ass"3


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ou* o? *e# ,e &e#* of i*s %ol'i#$ i# ONGC *o IOC "#' " &ou,le of/@ ,e &e#* *o GAIL/

Wi*% *%is1 *%e $o-*/ %ol'i#$ i# ONGC lesse#e' *o ei$%*! fou/ ,e &e#*/

I# *%e !e" oi#*l! e#*ee' *%e 0ol' .el'

*%ou$% i*s susi'i"!1 ONGC i'es L*'/ (OL)/ ONGC %"s &e"*e' 3">o i#-es*3e#*s

i# ie*#"31 S"8%"li#1 Colu3i"1 e#e9uel"1 Su'"#1 e*&/ "#' "**"i#e' i*s s* o$"#i&&o3,ou#' o-ese"s e-e#ue fo3 i*s i#-es*3e#* i# ie*#"

MISSION AND ISION

“To e i#*e#"*io#"l le"'e i# i#*e$"*e' e#e$! usi#ess *%ou$% ,o,e*! $o0*%1

i#fo3"*io# e+&elle#&e "#' e+e3,l"! $o-e#"#&e ,"&*i&es/

PRODUCTS

ONGC ,o-i'es &u'e1 fossil fuel1 "#' "''e' ,o'u&* *o 3">o I#'i"# oil "#' $"s

,ui.&"*io# "#' selli#$ &o,o"*io#s/ I* ,i3"! ,o'u&* &u'e "#' fossil fuel "e"

u#i* fo I#'i"# 3"8e*/

Po'u&*


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T%e #e0 CMD is ou#'


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e$i3e &o#>oi#*l! los* i*s e-e#ue s%"e/ “I* 0"s "# i#s*"#*"#eous loss *o *%e

e$i3e1 "9"i8" "foe3e#*io#e'

ONGC %"s ee# &e"*i#$ losses fo3 i*s ,o-i#&e o,e"*io#s/ *o 3"8e sue %i$%e

0"*&%i#$ of *%e &o3,"#!Qs o,e"*io#s 0i*%i# *%e s*"*e1 *%e &u'e 3i#is*! %"s se*

se,""*e ,efo3"#&e *"$e*s fo *%e &o3,"#!Qs ,o-i#&e "sse*s 0i*%i# *%e #o*e of

u#'es*"#'i#$ si$#e' fo *%is *0el-e3o#*%


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o *%e *0el-e3o#*% J""*/ BD2"3,4= is &ue#*l! *"8i#$ *%e i#i*i"*i-e "#! fo -i*"l

"''i*io# of &","ili*! 0i*%i# *%e ,o*folio/ T%e &lus*e is "''i*io#"ll! "&*i-el!

e+"3i#i#$ "#' follo0i#$ #u3eous ,os,e&*s 0i*%i# *%e 'o3"i#s of o?s%oe 0i#'1

sol"1 %!'o "#' "*o3i& e#e$! sou&es 0%ee"s ,"*"8i#$ 0i*% " #u3e of *%e

3os* e?e&*i-e ,l"!es 0i*%i# *%e i#'i-i'u"l 'o3"i#s/


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A $"s "se' 3os*l! &""3i'e ,l"#* foo' ,l"#* i# Ti,u" is i# "&*i-e *%ou$%* !

ONGC fo e"l! ,oof of e&e#* $"s 'is&o-e! 0i*%i# *%e "e" "0"'e' *o ONGC i#

NELP III s,%ei&"l/ T%e ,o>e&* is e#-is"$e' *o e es*"lis%e' i# -e#*ue 3o'e 0i*%

o#e i# "ll " #u3e o#e ,l"#* foo' &o3,"#! of B%""* "#' Go-e#3e#* of Ti,u"

su,,o*e' *e&%#o""*/ BD2"3,4= is &ue#*l! *"8i#$ *%e i#i*i"*i-e "#! fo -i*"l

"''i*io# of &","ili*! 0i*%i# *%e ,o*folio/ T%e &lus*e is "''i*io#"ll! "&*i-el!

e+"3i#i#$ "#' follo0i#$ #u3eous ,os,e&*s 0i*%i# *%e 'o3"i#s of o?s%oe 0i#'1

sol"1 %!'o "#' "*o3i& e#e$! sou&es 0%ee"s ,"*"8i#$ 0i*% " #u3e of *%e

3os* e?e&*i-e ,l"!es 0i*%i# *%e i#'i-i'u"l 'o3"i#s/

A $"s "se' 3os*l! &""3i'e ,l"#* foo' ,l"#* i# Ti,u" is i# "&*i-e *%ou$%* !

ONGC fo e"l! ,oof of e&e#* $"s 'is&o-e! 0i*%i# *%e "e" "0"'e' *o ONGC i#

NELP III s,%ei&"l/ T%e ,o>e&* is e#-is"$e' *o e es*"lis%e' i# -e#*ue 3o'e 0i*%

o#e i# "ll " #u3e o#e ,l"#* foo' &o3,"#! of B%""* "#' Go-e#3e#* of Ti,u"

su,,o*e' *e&%#o

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Making Tommorrow Better