Are Oneok and ONE Gas the same company?
Yes, Oil and Natural Gas Corporation (ONGC) and Indian Oil Corporation Limited (IOCL) are completely separate, independent corporate giants owned by the Government of India, operating in different sectors of the energy supply chain. ONGC is India's premier upstream exploration and production enterprise, focusing on discovering and extracting crude oil and natural gas reserves. In contrast, Indian Oil is downstream, operating as India's largest petroleum refining, fuel marketing, and retail distribution corporation, purchasing crude oil to refine into consumer petroleum products.
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