Apr sale of OMCs drops 6pc MoM Updated 05 May, 2026 09:05am ISLAMABAD: The overall sale of petroleum products fell in April 2026 following an exorbitant hike in prices due to...
OMC sales surge in Pakistan, but ME tensions could test demand Published 02 Apr, 2026 12:38pm On a monthly basis, the OMC sales were up by 13%
March OMCs’ sales volumes surge 13pc MoM Published 02 Apr, 2026 06:03am ISLAMABAD: Despite government initiatives to curb fuel consumption amid the geopolitical tensions arising from the...
Hascol Petroleum receives NBP offer for restructuring of financing facilities Published 02 Feb, 2026 11:13am Says Board of Directors will review offer letter
KSE-100 Index closes marginally lower as all eyes on PIA sale Updated 23 Dec, 2025 06:23pm Benchmark index settles at 171,073.73
Petroleum sales in Pakistan rise 6% MoM to 1.3mn tons in August Published 02 Sep, 2025 11:56am Sale of total petroleum products in Pakistan clocked in at 1.3 million tons in August, an increase of 6%...
Hascol Petroleum appoints Javed Ahmedjee as CEO Published 05 May, 2025 10:33am Hascol Petroleum Limited has appointed Javed Ahmedjee as its Chief Executive Officer (CEO), effective 05 May 2025....
Jul-Aug oil sales decline 12pc to 2.4m tons YoY Published 04 Sep, 2024 06:38am KARACHI: Pakistan’s Oil Marketing Companies (OMCs) sales decreased by 14 percent on year-on-year basis to 1.21...
Sale of petroleum products plunges 14% in August amid smuggling from Iran Updated 03 Sep, 2024 09:43pm Sale of total petroleum products in Pakistan clocked in at 1.22 million tons in August, a decrease of 14%...
Hascol posts loss of Rs1.74bn in first quarter of 2024 Published 01 Aug, 2024 04:56pm Hascol Petroleum Limited sustained a loss of Rs1.74 billion in the first three months of 2024 (January-March),...
May Petroleum products sales up 7pc to 1.39 MT YoY Published 05 Jun, 2024 06:37am KARACHI: The sales of petroleum products in the country increased by 07 percent on year-on-year and 26 percent on...
Sale of petroleum products inches up 4%, signals some stability Updated 02 Apr, 2024 11:48pm Sale of total petroleum products in Pakistan clocked in at 1.15 million tons in March, an increase of 4%...
Sale of total petroleum products dip 4% YoY Updated 02 Feb, 2024 04:12pm Sale of total petroleum products in Pakistan clocked in at 1.38 million tons in January, a decline of 4%...
HASCOL’s losses uncontrollable Published 14 Nov, 2023 08:22am While Hascol Petroleum Limited (PSX: HASCOL) witnessed some decline in losses in 2021, the following years have...
Hascol’s losses mount to Rs13.1bn in 9MCY23 Published 10 Nov, 2023 04:20pm Despite higher net sales and gross profit, Hascol Petroleum Limited sustained a massive loss after tax (LAT) to the...
POL sales plunge 24% YoY amid high prices, economic distress Updated 02 Nov, 2023 05:11pm Sale of total petroleum products clocked in at 1.26 million tons in October
January-March 2023: Hascol sees loss of Rs7.1bn in three months Updated 05 Sep, 2023 04:44pm Loss per share stands at Rs7.11 during quarter
HASCOL’s losses keep mounting Published 21 Aug, 2023 08:13am 2021 was a better year for Hascol Petroleum Limited (PSX: HASCOL) as the company had witnessed slowdown in losses....
Hascol’s loss nearly doubles to Rs14.5bn in 2022 Published 03 Aug, 2023 03:23pm Despite higher net sales and gross profit, Hascol Petroleum Limited sustained a massive loss after tax (LAT) to the...
Eyeing at least 41% stake: Hascol gives go-ahead to Taj Gasoline for due diligence Updated 16 Jun, 2023 05:59pm The Board of Directors of Hascol Petroleum Limited has allowed Taj Gasoline (Private) Limited, an oil marketing...
Sale of petroleum products in Pakistan plunges 46% in April amid economic downturn Updated 03 May, 2023 03:45pm Sale of total petroleum products in Pakistan clocked in at 1.17 million tons in April 2023, a decline of over 46%...
PAC directs FIA to seize property, freeze bank accounts of Hascol Updated 20 Apr, 2023 08:34am ISLAMABAD: The Public Accounts Committee (PAC) Wednesday directed the Federal Investigation Agency (FIA) to initiate...
Sales of petroleum products plunge 39% year-on-year in March Updated 03 Apr, 2023 06:07pm Decline led by lower demand of furnace oil and slowdown in activity in Ramadan
Hascol board approves modified scheme of arrangement as it looks to deal with debts Updated 13 Mar, 2023 09:52pm The board of directors at Hascol Petroleum Limited on Monday approved a modified draft Scheme of Arrangement, the...
FIA’s team says it has ‘made significant progress’ in Rs54bn scam investigation Updated 22 Feb, 2023 08:51pm The team of Federal Investigation Agency (FIA) Commercial Banking Circle Karachi said that it has made significant...
Hascol CFO authorised to take charge after CEO detained Updated 21 Feb, 2023 05:50pm In notice to PSX, company says decision by trial judge to refuse confirmation of bail applications has led to the detention of numerous persons, including the CEO Aqeel Ahmed Khan
PSX continues winning streak Published 10 Feb, 2023 03:56am KARACHI: Pakistan Stock Exchange continued its winning streak from the last four consecutive sessions witnessing yet...
Sales of petroleum products plummet 20% year-on-year Published 02 Feb, 2023 05:19pm Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a...
Petroleum products: sales down 11% year-on-year to 1.33mn tons in December Published 03 Jan, 2023 03:37pm Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a...
Hascol announces financial results Published 11 Nov, 2022 06:31am KARACHI: Hascol has announced its results for the half year and nine-month period ending on 30 June 2022 and 30...