PSO allowed Rs3.21 per litre exchange rate adjustment ISLAMABAD: As the maximum petroleum levy (PL) on petrol can not exceed Rs 60 per litre without parliamentary... Updated 02 Dec, 2023 03:33pm
Print OMAP urges ministry, Ogra to reconsider proposed weekly adjustments LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Sunday appealed to the Ministry of... Updated 27 Nov, 2023 08:38am
Print Nov 2023: Up to 1.2pc hike in RLNG price notified ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday notified up to 1.20 percent increase in the price... Updated 25 Nov, 2023 05:35pm
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
Markets HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate... Published 17 Nov, 2023 06:06am
Editorials Gas price hike: work doesn’t end here EDITORIAL: After long deliberations and numerous announcements of intent, gas prices have finally increased. ... Updated 06 Nov, 2023 06:00am
Markets POL products’ sale up 19pc MoM KARACHI: The sales of petroleum products in the country increased by 19 percent on month-on-month basis to 1.3... Published 03 Nov, 2023 06:11am
Markets POL sales plunge 24% YoY amid high prices, economic distress Sale of total petroleum products clocked in at 1.26 million tons in October Updated 02 Nov, 2023 05:11pm
Pakistan AGP uncovers Rs71.8bn anomalies in MoE ISLAMABAD: Auditor General of Pakistan uncovered anomalies amounting to Rs71.8 billion in the Ministry of Energy... Published 01 Nov, 2023 05:57am
Business & Finance Fuel supply to PIA not suspended despite limited payments: PSO ISLAMABAD: Pakistan State Oil (PSO) has once again stated that it has not suspended fuel supply to Pakistan... Published 29 Oct, 2023 03:25am
Business & Finance PSO holds 47th AGM for FY22-23 KARACHI: PSO held its 47th Annual General Meeting for the financial year 2022-23 in Karachi on Thursday. The meeting... Published 27 Oct, 2023 05:16am
Editorials The trainwreck that is PIA EDITORIAL: It seems the time has come for the curtain to fall on PIA (Pakistan International Airlines) – the... Published 26 Oct, 2023 06:08am
Markets Gas tariff hike to bode well for Pakistan in upcoming IMF review: brokerage house Topline Securities says chemical sector is likely to be significantly impacted as gas prices constitute a major part of total cost and impact is unlikely to be passed on to final consumers Updated 24 Oct, 2023 10:31pm
Opinion Unending travails of PIA, other SOEs That the national air carrier has been in dire straits for quite some time is well known. Like Pakistan Steel Mills,... Published 24 Oct, 2023 05:05am
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
Print PIA suspends its operations? KARACHI: Pakistan International Airlines’ (PIA) flight operations were ‘completely suspended’, as 77 flights were... Updated 23 Oct, 2023 08:44am
BR Research PSO – a turnaround in earnings Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 1QFY24 last week with an... Published 23 Oct, 2023 05:56am
Opinion Compelling need for implementing WACOG Law For years, Pakistan has grappled with an energy crisis, with natural gas being a crucial component of the ... Published 21 Oct, 2023 06:05am
Markets PSO ascends to new heights, asserting market dominance with record-breaking profits KARACHI: Pakistan State Oil (PSO), the national energy icon, has showcased its unwavering determination and... Published 21 Oct, 2023 06:05am
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
Opinion Clear message of no more business as usual-II Fuel market requires a paradigm change. Not subtly but by disruption aimed at creating an upheaval, leading to a... Updated 20 Oct, 2023 06:31am
Pakistan PIA grounds dozens of flights over fuel bills ISLAMABAD: Country’s embattled national airline carrier this week cancelled dozens of domestic and international... Published 19 Oct, 2023 05:10am
Print Saudi Aramco, PSO, TAPI gas pipeline: Oil, gas issues now come under sharper SIFC focus ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed Ministry of... Updated 17 Oct, 2023 08:54am
Markets Pakistan Refinery says it has achieved historic production in September Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Company Limited (PSO), said it achieved a... Published 11 Oct, 2023 03:09pm
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
Opinion Implementation – a key challenge The World Bank issues ‘policy advice’ to Pakistan, from time to time, on key reforms, structural weaknesses and... Updated 07 Oct, 2023 06:42am
Opinion No more business as usual—II Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution.... Updated 05 Oct, 2023 06:51am
Business & Finance Sept POL products’ sales plunge 31pc to 1.06m tons YoY KARACHI: The petroleum products sales declined to 1.06 million tons, ie, down significantly by 31 percent YoY and 25... Published 04 Oct, 2023 06:20am
Markets PSO inaugurates aircraft refuelling facility at Quetta airport KARACHI: In a landmark achievement, PSO has reached a remarkable milestone by inaugurating its state-of-the-art... Published 18 Sep, 2023 06:32am
Print Another big hike in fuel prices on the cards ISLAMABAD: The interim government may announce, once again, a significant raise in the ex-depot prices of petroleum... Updated 14 Sep, 2023 10:58am