Energy/ Oil Sector

Crude treatment

Print edition : February 05, 2016

Mukesh Ambani, Chairman of Reliance Industries (right), with Arun Shourie, Union Minister for Disinvestment, at a press conference to announce the government's offer to sell shares in IPCL in Mumbai in 2004. Photo: PAUL NORONHA

ONGC's Mumbai High South production complex. Photo: ONGC

The D6 block in the Krishna Godavari basin.

Liberalisation of the oil sector has enabled private interests to reap huge profits from India’s reserves while top upstream companies like ONGC have been neglected.
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