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As of October 2020, Mr. Shashi Shankar is the Chief Managing Director of:
Question

As of October 2020, Mr. Shashi Shankar is the Chief Managing Director of:

A.

Hindustan Petroleum

B.

GAIL India

C.

ONGC

D.

OIL India

Correct option is C

The correct answer is (c) ONGC.

Explanation:

As of October 2020, Mr. Shashi Shankar was serving as the Chief Managing Director (CMD) of ONGC (Oil and Natural Gas Corporation).

He took charge of this role in 2017 and played a key role in the strategic growth and operational excellence of the company, India's largest oil and gas exploration and production company.

Information Booster:

Oil and Natural Gas Corporation (ONGC):

o   ONGC, established in 1956, is a public-sector enterprise under the Ministry of Petroleum and Natural Gas and is India's largest producer of oil and natural gas.

o   In 2010, the Government of India conferred Maharatna status to ONGC.

o   ONGC has expanded its operations across the globe and contributes significantly to India's energy security through its wholly-owned subsidiary ONGC Videsh Limited (OVL).

o   OVL is also a Navratna PSU.

o   The company's headquarters is located in New Delhi, India.

o   Arun Kumar Singh is the current Chairman and CEO of Oil and Natural Gas Corporation Limited (ONGC). He assumed the office on December 7, 2022.

Additional Knowledge:

  • Hindustan Petroleum: Hindustan Petroleum Corporation Limited (HPCL) is a major Indian oil and gas company. It is a Maharatna Government PSU.
  • GAIL India: GAIL (India) Limited is a state-owned natural gas processing and distribution company. It is also a Maharatna Government PSU.
  • OIL India: OIL India Limited is an Indian public sector oil and gas exploration company. Upgraded to Maharatna status in 2023.

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