PSO witnesses decrease in supply cost ISLAMABAD: Pakistan State Oil (PSO) witnessed a decrease in the cost of supplying fuel; however, the government... Published 02 Nov, 2024 06:15am
BR Research PSO in 1QFY25 Significant headwinds from fuel prices and volume significantly impacted Pakistan State Oil’s (PSX: PSO) financial... Published 01 Nov, 2024 09:02am
BR Research Pakistan State Oil Pakistan State Oil (PSO) is the largest marketing company and has the largest market share in the OMC sector. It is... Published 24 Jul, 2024 07:44am
Markets Equity swap only option to address circular debt issue, says PSO The management of Pakistan State Oil (PSO), the country’s largest oil-marketing company (OMC), believes equity swap... Updated 24 Jun, 2024 09:22pm
Markets PSO & Railways inaugurate fuel management system KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ... Published 20 Apr, 2024 04:18am
Print PSO says LNG business ‘bleeding’ its resources ISLAMABAD: Pakistan State Oil (PSO) has claimed that LNG (Liquefied Natural Gas) business is bleeding its financial... Updated 19 Mar, 2024 09:20am
Business & Finance Recovery from PIA: PSO receiveables soar to Rs 21.7bn ISLAMABAD: The Pakistan State Oil (PSO) has proposed the imposition of a levy of upto Rs4 per litre on Jet-A1 to... Updated 07 Mar, 2024 09:50am
Business & Finance HSD cargoes’ import: PSO granted exclusive rights ISLAMABAD: Pakistan State Oil (PSO) has been granted exclusive rights for importing high-speed diesel (HSD) cargoes... Published 23 Jan, 2024 05:14am
Business & Finance PL rate on HOBC fuel kept unchanged ISLAMABAD: Interim government has kept Petroleum Levy (PL) rate on Hi-Octane blending component (HOBC) fuel... Updated 18 Jan, 2024 09:30am
Print Receivables of PSO against PIA reach Rs27.5bn ISLAMABAD: The accumulated receivable of state-owned Pakistan State Oil (PSO) has reached Rs27.512 billion including... Updated 09 Dec, 2023 09:10am
BR Research Pakistan State Oil Pakistan State Oil (PSO) is the largest marketing company, and has the largest market share in the OMC sector. It is... Published 22 Nov, 2023 08:10am
Pakistan PIA cancels 349 flights over fuel row ISLAMABAD: Pakistan International Airlines (PIA) has canceled 349 flights in the last two weeks due to a shortage of... Published 26 Oct, 2023 05:41pm
Business & Finance PSO restores fuel supply to at least 20 PIA flights ISLAMABAD: Pakistan State Oil (PSO) restored fuel supply to at least 20 flights of Pakistan International Airlines... Updated 24 Oct, 2023 08:40am
Markets PSO’s profit up nearly 1074% in 1QFY24 amid higher sales Pakistan State Oil Company Limited’s (PSO) profit-after-tax (PAT) witnessed an exponential increase of nearly 1074%,... Updated 20 Oct, 2023 10:05pm
Print $10bn refinery: PSO interacting with Bank of China/Sinopec ISLAMABAD: Pakistan State Oil (PSO) is reportedly interacting with Bank of China/Sinopec for establishment of either... Updated 10 Oct, 2023 09:52am
Business & Finance PSO receivables reach all-time high of Rs740bn ISLAMABAD: The Pakistan State Oil’s (PSO) receivables reached an all-time high of Rs740 billion, with the Sui... Updated 24 Aug, 2023 09:33am
Pakistan PSO launches ration- distribution drive KARACHI: Living up to its core values of caring and giving, Pakistan State Oil (PSO) launched a nationwide ration... Published 12 May, 2023 05:59am
Business & Finance Hubco: PSO’s receivables exceed Rs25.33bn ISLAMABAD: Pakistan State Oil’s receivables against Hub Power Company (Hubco) have piled up to over Rs25.33... Published 15 Apr, 2023 06:19am
Print Too tight fiscal space: MoF bans SGs, subsidies Cites limited fiscal space and cap on expenditures as reasons Updated 21 Mar, 2023 09:02am
Print PSO suggests Rs10/litre levy to avert default ISLAMABAD: While claiming it is on the brink of collapse, Pakistan State Oil (PSO), state-owned energy marketing... Updated 16 Mar, 2023 09:57am
Print First half of March: Fuel prices may be kept unchanged by adjusting PL ISLAMABAD: The federal government may keep the prices of fuel unchanged in the first half of March (1-15) by... Updated 28 Feb, 2023 09:35am
BR Research PSO – inventory losses diminish earnings While the oil marketing companies had seen robust sales of petroleum products in most of FY22, the petroleum sales... Published 20 Feb, 2023 09:09am
Print PSO receivables reach Rs734bn ISLAMABAD: The receivables of Pakistan State Oil (PSO) have reached Rs 734 billion including Rs 163 billion late... Updated 18 Feb, 2023 08:53am
Markets Unconsolidated: PSO reports loss of Rs4.56bn in 2QFY23 Pakistan State Oil Company Limited (PSO) on Friday reported its unconsolidated loss for the second quarter of fiscal... Published 17 Feb, 2023 04:19pm
Print Rs9.92/litre on petrol, Rs13.12 on HSD: PSO allowed exchange rate adjustment ISLAMABAD: The federal government allowed the Pakistan State Oil (PSO) an exchange rate adjustment of Rs9.92 per... Updated 17 Feb, 2023 08:47am
Business & Finance PSO says fuel being supplied across country smoothly KARACHI: The Pakistan State Oil (PSO) has said there is no shortage of petroleum products in the country. In a... Published 25 Jan, 2023 06:58am
Markets PSO sends huge quantity of petrol, diesel to Mansehra MANSEHRA: While taking notice of the shortage of petroleum products in the district Mansehra, Area Manager of... Published 24 Jan, 2023 08:16am
Markets Ogra notifies decline in prices of LNG ISLAMABAD: The Oil and Gas Regulating Authority (OGRA), on Thursday, notified a decline in the prices of LNG for the... Published 13 Jan, 2023 07:12am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Print PSO’s circular debt soars to around Rs600bn ISLAMABAD: Pakistan State Oil Company Limited’s (PSOCL’s) circular debt has reached around Rs600 billion... Updated 31 Dec, 2022 08:49am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points