State-run oil and gas companies spend ₹46,600 cr – 35% of FY26 capex target till August

State-run oil and gas firms have invested ₹46,600 crore in the initial five months of this fiscal year. This represents 35% of their total annual capital expenditure goal. ONGC and IOC are leading these investments. Companies are focusing on field redevelopment, capacity expansion, and infrastructure growth. These efforts aim to boost oil and gas production and distribution across India.