The case discusses two important issues in the context of the oil and gas industry. First, it sheds light on the context of the oil and gas industry in India, the prospects and potential pitfalls, and paints a broad picture of the brush key players currently operating in the market. Secondly, it discusses the topic of transformation of India's largest national oil company (NOC), Oil and Natural Gas Corporation (ONGC). While the discussion of the structure of the industry stops on business performance drivers in the exploration and production, and refining and marketing segment, the conversion discussion focuses mainly on the challenges facing leaders who are trying to fill a public company with a market discipline.
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by Kannan Ramaswamy Source: Thunderbird School of Global Management 16 pages. Publication Date: December 17, 2008. Prod. #: TB0031-PDF-ENG
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