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
Print Import of LNG: PLL likely to ink accord with SOCAR Since the validity of price offered by SOCAR will be less than 24 hours, PLL BoD may accept or reject the LNG cargoes based on the suitability of the price Updated 19 Dec, 2022 12:01pm
Print PSO may acquire govt stakes in NPP, Gepco Cabinet Committee on Privatisation directs Privatisation Division to continue process of financial evaluation of NPP and GPP along with their assets Updated 17 Dec, 2022 06:00pm
BR Research Pakistan State Oil Being the largest marketing company, Pakistan State Oil (PSX: PSO) has the largest market share in the OMC sector... Published 09 Dec, 2022 08:46am
Print Furnace oil: Slow upliftment may lead to closure of refineries ISLAMABAD: Pakistan State Oil (PSO) and local refineries have raised serious concerns on slow upliftment of furnace... Updated 05 Nov, 2022 11:37am
BR Research PSO – 1Q profits decline The oil marketing companies have seen robust sales of petroleum products in most ofFY22. Higher volumes and higher... Published 02 Nov, 2022 09:02am
BR Research Pakistan State Oil Being the largest marketing company, Pakistan State Oil (PSX: PSO) has the largest market share I the OMC sector... Published 24 Oct, 2022 08:43am
Business & Finance PSO wins arbitration case against Gunvor ISLAMABAD: Pakistan State Oil (PSO) has won an arbitration case against global LNG trader Gunvor Group Limited... Updated 13 Oct, 2022 09:53am
Markets PSO awarded $14.6 million after winning arbitration case against Gunvor London Court of International Arbitration sided with PSO which had reduced payments to Gunvor due to overcharged shipments Published 12 Oct, 2022 06:36pm
Print Extra revenue collection goal: Govt may not pass full relief on to POL consumers ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ... Updated 15 Sep, 2022 09:59am
Print PSO urges Power Div to revisit furnace oil demands Actual upliftment by power plants has been significantly less in comparison to Power Division and customer demand during this period Updated 10 Sep, 2022 01:13pm
Business & Finance PIAF says policy rate hikes have failed to contain inflation LAHORE: The Pakistan Industrial & Traders Associations Front (PIAF) has warned the authorities that inflation... Published 15 Aug, 2022 05:41am
Markets Pakistan's fuel oil imports to hit 4-year high as it struggles to buy LNG Spokesman for Pakistan’s energy ministry cites global prices as reason for surge in fuel oil imports Updated 27 Jun, 2022 06:03pm
BR Research Petroleum woes ahead Be it the retail fuels or the fuel for power generation; the petroleum crisis has been brewing. The populist moves... Published 11 Apr, 2022 08:26am
Editorials Fuel for power plants EDITORIAL: Surely, it’s a little late for the ministry of energy to address the issue of fuel shortage in some... Published 10 Apr, 2022 05:49am
BR Research Pakistan Refinery Limited Pakistan Refinery Limited (PSX: PRL) was incorporated in Pakistan as a public limited company in 1960. It is a hydro... Published 21 Feb, 2022 08:01am
BR Research PSO – earnings revving The downstream oil marketing sector has been seen rising volumes post the early pandemic times due to economic... Published 17 Feb, 2022 10:24am
BR Research Pakistan State Oil Being the largest marketing company, Pakistan State Oil (PSX:PSO) has the largest market share I the OMC sector... Published 03 Jan, 2022 07:48am
BR Research PSO - winning at all fronts The OMC sector has been witnessing record volumetric sales of petroleum products. During the first quarter of FY22,... Published 29 Oct, 2021 07:30am