Oil and Gas

  • PPL 1HFY17

    The sluggish performance of the upstream oil and gas industry has been a global phenomenon due to the extended impact of the oil price downturn.  The country’s one of the largest E&P firms - Pakistan

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  • Shale rise dampens oil outlook

    Following the Opec deal which was later joined by non-Opec members, few had expected the international oil market to eliminate the long persistent global supply glut overnight. But even fewer had expected the bull rally

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  • The provision of timely dissemination of data and reports is a practice that is much desired for industry assessment by market analysts and policymakers alike. However, as with the majority of sectors, the energy sector

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  • Shell Pakistan – standing strong

    It has been a good year for Shell Pakistan Limited (PSX: SPL) as profits have surged by over seven times in CY16 versus CY15. Not only that, the earnings for CY16 are the higher than

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  • Oil retracing back

    The post-OPEC agreement honeymoon period for oil seems to be over as the price of crude futures retreats below $50. Last week was one of the worst weeks for oil since November with a 9.1

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  • OMC volumes: Up they remain

    Petroleum product sales by the oil marketing sector remain upbeat in 8MFY17; volumes sold by the OMCs in 8MFY17 were over their five and ten-year compound annual growth rates. Even after a 23 percent year-on-year

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  • PPL 1QFY17

    Pakistan Petroleum Limited (PSX: PPL) held its Annual General Meeting yesterday where the shareholders approved 35 percent cash dividend for FY16. The oil and gas exploration and production company also announced its financial performance for

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