APL starts FY25 weak but sees growth ahead After a solid FY24, where the company’s earnings grew by 11 percent year-on-year despite declining sales volumes and... Published 25 Oct, 2024 09:02am
Markets Pitching Pakistan’s economy: brokerage house AHL says country not witnessing exodus of foreign investment Brokerage house Arif Habib Limited (AHL) has emphatically said that Pakistan is not witnessing an exodus of foreign... Updated 05 Oct, 2024 10:27pm
BR Research Petroleum sales see a respite Petroleum consumption in the country was seen growing in September-2024 as the OMCs reported robust sales in... Updated 04 Oct, 2024 11:13am
BR Research PSO FY24: Robust earnings despite volume decline Marked by significant improvements in profitability, Pakistan State Oil Company Limited (PSX: PSO) posted a strong... Published 02 Sep, 2024 09:27am
Markets PSO’s profit doubles, clocks in at Rs19.6bn in FY24 Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) doubled, clocking in at Rs19.65 billion for the... Updated 27 Aug, 2024 05:54pm
Business & Finance Shell Pakistan posts Rs1.1bn profit in Apr-Jun 2024, over 86% lower year-on-year Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a profit of Rs1.13 billion... Published 26 Aug, 2024 02:41pm
BR Research Petroleum imports snapshot The previous fiscal year, FY23, witnessed a slump in petroleum product imports as the demand for petroleum products... Published 19 Aug, 2024 07:49am
Business & Finance CCP approves product supply agreement between Aramco, GO Petroleum ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses ... Published 22 May, 2024 05:54am
Pakistan Trust land worth Rs40bn recovered: Sadal LAHORE: Chairman One-Man Commission (OMC) Shoaib Sadal has said that Rs40 billion worth trust land has been ... Published 19 Apr, 2024 05:07am
Business & Finance Nov oil sales rise 9pc MoM KARACHI: Pakistan OMC’s recorded sales of 1.4 million tons up 9.0 percent on month-on-month basis while Ex-Furnace... Updated 05 Dec, 2023 09:09am
Business & Finance OMAP urges Minister to resolve OMC issues LAHORE: Oil Marketing Association of Pakistan (OMAP) on Monday appealed to the Minister for Energy, Muhammad Ali for... Published 05 Dec, 2023 03:01am
Print Issues of member firms: OICCI seeks intervention of PD, Ogra ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has sought intervention from Directorate... Updated 21 Nov, 2023 08:48am
Print How were prices of HSD, petrol kept unchanged? ISLAMABAD: The interim government has kept the prices of high-speed diesel (HSD) and petrol unchanged with effect... Updated 02 Nov, 2023 11:38am
Business & Finance Concerns over Ogra’s ‘anti-OMCs’ bias expressed LAHORE: The emerging Oil Marketing Companies (OMCs) have expressed their concerns regarding the biasness of Oil and... Published 13 Jul, 2023 04:50am
BR Research Hi-Tech Lubricants Limited Hi-Tech Lubricants Limited (PSX: HTL) is incorporated in Pakistan as a public limited company. The company is ... Published 03 Jul, 2023 10:04am
BR Research OMC volumes keep shrinking Oil and petroleum consumption in the country has been declining and the latest data from OCAC showing decline of 40... Published 05 Jun, 2023 08:46am
BR Research PSO in 9MFY23 Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 9MFY23 yesterday with a profit... Published 28 Apr, 2023 09:10am
Markets PPDA asks Ogra to work for entire industry, not for big OMCs only LAHORE: Pakistan Petroleum Dealers Association (PPDA) on Monday asked Oil and Gas Regulatory Authority (Ogra) to ... Published 18 Apr, 2023 06:21am
Markets Hascol’s worst problems are behind it, says chief as company announces steps to restructure Rs54bn debt We are making excellent progress with our banks and are grateful to them for their cooperation: Sir Alan Duncan Updated 14 Mar, 2023 06:08pm
Markets No shortage of petrol, govt to take action against hoarders: Musadik Malik Minister says that since Wednesday, 900 inspections were carried out in Punjab, with hoarders penalised and a number of petrol pumps sealed Published 09 Feb, 2023 04:56pm
Markets Sales of petroleum products plummet 20% year-on-year Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a... Published 02 Feb, 2023 05:19pm
Markets OMCs take a hit as petroleum sales drop in Pakistan Sales of oil marketing companies (OMCs) took a hit after Pakistan’s petroleum products bore the brunt of economic... Updated 02 Dec, 2022 05:20pm
Print Allowing IPPs to buy fuel from ‘any OMC’ irks PSO ISLAMABAD: Pakistan State Oil (PSO), the state-owned fuel supplier, is annoyed with Central Power Purchasing Agency-... Updated 17 Sep, 2022 09:59am
Markets GO expands its retail network of outlets in Karachi KARACHI: Pakistan’s fastest growing OMC, Gas & Oil Pakistan Ltd. (GO), inaugurated their first COCO retail... Published 16 Sep, 2022 06:04am
BR Research Attock Petroleum Limited Attock Petroleum Limited (PSX: APL) was Incorporated in 1998 an oil marketing company and is part of the Attock Oil... Published 08 Mar, 2022 08:17am
Print ECC grants increase in OMCs’, petrol dealers’ margin ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved enhancement of 71... Updated 02 Dec, 2021 09:27am
Markets GO & PAPCO sign white oil pipeline multigrade project throughput agreement KARACHI: Pakistan's fastest growing oil marketing company, Gas & Oil Pakistan Ltd. (GO) signed a white oil... Published 25 Oct, 2021 05:32am
Markets POL products' shortage in 2020: OMAP rejects allegations of OMCs' involvement LAHORE: Oil Marketing Association of Pakistan (OMAP) on Saturday rejected the allegations of involvement of Oil... Published 10 Oct, 2021 04:26am
Markets GO holds network of over 850 retail outlets KARACHI: Pakistan’s fastest growing Oil Marketing Company (OMC), Gas & Oil Pakistan Ltd. (GO) now boasts of a... Published 19 Sep, 2021 03:56am
BR Research PSO’s big fat bottomline Pakistan State Oil (PSX: PSO) has reported record earnings for FY21 in its recently announced financial results at... Published 25 Aug, 2021 07:35am