The Central government has extended the tenure of Arun Kumar Singh, Chairman of Oil and Natural Gas Corporation (ONGC), by one year. His current term was set to end on December 6, 2025, but he will now continue until December 6, 2026, or until a regular chairman assumes charge, whichever comes earlier.
The Appointments Committee of the Cabinet has approved his re-employment on a contract basis from December 7, 2025. The Ministry of Petroleum and Natural Gas will finalise the terms and conditions in consultation with the Department of Public Enterprises, as mentioned in the official order issued on December 2.
A search-cum-selection committee has also been constituted to identify a regular chairman for ONGC. The panel will be led by the Chairman of the Public Enterprise Selection Board (PESB), with the Petroleum and Natural Gas Secretary and former IOC Chairman B Ashok as members.
Industry sources say Singh brought stability to ONGC’s leadership and helped slow the long decline in crude oil production. His one-year extension is seen as a move to ensure continuity and consolidate the operational improvements achieved under his tenure at India’s largest oil and gas producer.
Singh was selected for the post in August 2022, shortly before turning 60, and took charge on December 6, 2022, for a three-year term. Before joining ONGC, he served as Chairman and Managing Director of Bharat Petroleum Corporation Ltd (BPCL), after earlier working as Director (Marketing) from 2018 to 2021.
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