Overview
- An Appointments Committee of the Cabinet order approves Singh’s re-employment as ONGC chairman for one year from December 7, 2025, or until a regular appointee takes charge, or until further orders.
- The Ministry of Petroleum and Natural Gas will set the contract conditions in consultation with the Department of Public Enterprises.
- A PESB-led search-cum-selection committee has been constituted to identify and recommend a regular chairman for ONGC.
- Coverage notes U.S. pressure on India to curb Russian crude purchases; in August, Singh said ONGC would keep buying Russian oil if it remained commercially viable despite a 25% U.S. tariff announced by President Donald Trump.
- Singh, ONGC chief since December 2022 and formerly BPCL chairman, has led initiatives including a technical collaboration with BP for Mumbai High and the start of oil production from the KG-DWN-98/2 field.