Gas cost equalisation: SNGPL seeks support of Petroleum Div ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has sought Petroleum Division’s support for finalisation of gas... Updated 22 Jan, 2025 03:28pm
Pakistan Bangladesh’s PSO of Armed Forces Division arrives RAWALPINDI: Lieutenant General S M Kamrul Hassan, principal staff officer (PSO) of the Armed Forces Division of... Published 15 Jan, 2025 02:59am
Pakistan CDA cancels lease of petrol pump ISLAMABAD: The Capital Development Authority (CDA) on Monday terminated the lease of a petrol pump in Sector F-6,... Published 14 Jan, 2025 03:12am
BR Research Interview with Mohsin Ali Mangi, Chief Strategy & Technology Officer - PSO ‘The refinery expansion project is a low-risk brownfield development with assured offtake’ Mohsin Ali Mangi is a... Published 13 Jan, 2025 07:45am
Markets PRL approves acquisition of loan facility from PSO KARACHI: The board of directors of Pakistan Refinery Limited (PRL) has approved the acquisition of a loan facility... Published 09 Jan, 2025 06:19am
Business & Finance Refinery Upgrade Project: PRL secures Rs3.15bn loan facility from PSO The board of Pakistan Refinery Limited (PRL) has approved a Rs3.15 billion loan from its parent company Pakistan... Updated 08 Jan, 2025 10:38pm
BR Research Pakistan State Oil Pakistan State Oil (PSX: PSO) is the largest oil marketing company (OMC) in the country, commanding the highest... Published 06 Jan, 2025 08:42am
Markets Sale of petroleum products up 3% in December amid higher demand The sale of total petroleum products in Pakistan clocked in at 1.28 million tons in December, an increase of 3% on a... Published 02 Jan, 2025 04:10pm
Markets PSO board approves SPA execution with Azerbaijan’s SOCAR The Board of Management (BoM) of Pakistan State Oil Company Limited (PSO), the largest fuel marketing company in the... Updated 26 Dec, 2024 07:54pm
Markets Ogra notifies RLNG price cut for SNGPL, SSGCL ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price... Published 21 Dec, 2024 08:37am
Business & Finance Talks under way to import Russian oil: minister ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by... Published 05 Dec, 2024 06:47am
Markets HSD, petrol prices unchanged: Govt reduces adjustments in exchange rate, IFEM components ISLAMABAD: The government has decided against implementing a significant increase in fuel prices as recommended by... Published 17 Nov, 2024 05:10am
Business & Finance EMIs and PSOs/PSPs: SBP gives approval to two entities KARACHI: The State Bank of Pakistan (SBP) has given in-principle approval to two entities namely M/s Toko Lab ... Published 06 Nov, 2024 05:50am
Print ECC approves circular debt management plan ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved circular debt management plan... Updated 05 Nov, 2024 09:29am
Business & Finance 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
Business & Finance PSO earns Rs15.9bn profit after tax in FY23-24 KARACHI: Pakistan State Oil (PSO), the nation’s leading energy company, successfully convened its 48th Annual... Published 25 Oct, 2024 06:28am
Business & Finance CBD Punjab secures Rs81m annual lease for petrol pump site LAHORE: The Punjab Central Business District Development Authority (PCBDDA), commonly known as Central Business... Updated 16 Oct, 2024 07:45am
Print Effective Oct 16: Substantial increase in fuel prices likely ISLAMABAD: Consumers may face a substantial increase in fuel prices, with estimates suggesting a potential rise of... Updated 13 Oct, 2024 09:28am
Markets Sale of petroleum products jumps 20% in September amid higher demand Sale of total petroleum products in Pakistan clocked in at 1.27 million tons in September, an increase of 20% on a... Updated 02 Oct, 2024 10:43pm
Print MPs for closure of refineries using Euro-2 standard ISLAMABAD: A parliamentary panel on Thursday called for the closure of oil refineries producing Euro-2 and below... Updated 27 Sep, 2024 09:12am
Print Exchange rate for calculating petroleum prices adjusted ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from... Updated 17 Sep, 2024 03:34pm
Business & Finance Jul-Aug oil sales decline 12pc to 2.4m tons YoY KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21... Published 04 Sep, 2024 06:38am
Markets Sale of petroleum products plunges 14% in August amid smuggling from Iran Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%... Updated 03 Sep, 2024 09:43pm
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
Business & Finance PSO reports Rs15.9bn PAT in FY24 KARACHI: PSO, the nation’s largest energy company, showcased impressive financial performance and strategic ... Published 28 Aug, 2024 06:22am
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
Print Lift HSD or face consequences, Ogra warns PSO and others ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Thursday warned the Oil Marketing Companies (OMCs)... Updated 23 Aug, 2024 09:02am
Print Continuous supply of 150MMCFD RLNG to KE: SNGPL urges PPL to explore possibility ISLAMABAD: The Sui Northern Gas Pipeline Company (SNGPL) has warned that less retention of Re-gasified Liquefied... Updated 05 Aug, 2024 09:04am
Business & Finance July petroleum sales dip 11pc to 1.2m tons yoy KARACHI: The total sales of petroleum products in the country have declined by 11 percent on year-on-year basis to... Updated 03 Aug, 2024 08:58am