PSO allowed per litre exchange rate adjustment ISLAMABAD: The federal government has allowed Pakistan State Oil (PSO) per litre exchange rate adjustment of Rs1.34... Published 17 Apr, 2024 05:28am
Business & Finance Petrol price hiked by Rs4.53, diesel’s by Rs8.14 ISLAMABAD: Federal government on Monday announced a massive raise in the price of high speed diesel (HSD) by Rs 8.14... Published 16 Apr, 2024 03:38am
Business & Finance OMCs raise price of HOBC by Rs10 per litre from April 1 ISLAMABAD: The Oil Marketing Companies (OMCs) have raised the price of Hi-Octane Blending Component (HOBC) by Rs10... Updated 06 Apr, 2024 08:47am
Business & Finance Incorporating exchange rate: Govt approves price adjustment for PSO ISLAMABAD: The federal government has approved adjustments in petroleum prices, allowing Pakistan State Oil (PSO) to... Published 03 Apr, 2024 05:29am
Markets Sale of petroleum products inches up 4%, signals some stability Sale of total petroleum products in Pakistan clocked in at 1.15 million tons in March, an increase of 4%... Updated 02 Apr, 2024 11:48pm
Print SNGPL urges PD to help ensure clearance of dues ISLAMABAD: The Sui Northern Gas Pipelines Limited (SNGPL) has sent an SOS call to the Petroleum Division for... Updated 02 Apr, 2024 09:44am
Print PRL explains what has made its business model ‘unsustainable’ ISLAMABAD: The top management of Pakistan Refinery Limited (PRL) has cautioned the Pakistan State Oil (PSO) that... Updated 01 Apr, 2024 08:44am
Print PD revises price forecast for spot LNG ISLAMABAD: The Ministry of Energy (Petroleum Division) has revised price forecast for spot LNG with Sui gas... Updated 25 Mar, 2024 09:43am
Print PSO says LNG business ‘bleeding’ its resources ISLAMABAD: Pakistan State Oil (PSO) has claimed that LNG (Liquefied Natural Gas) business is bleeding its financial... Updated 19 Mar, 2024 09:20am
Print Fuel supply on exclusive basis to 3 IPPs: CCP rejects PSO’s exemption extension request ISLAMABAD: The Competition Commission of Pakistan (CCP) has rejected an application of Pakistan State Oil (PSO)... Updated 09 Mar, 2024 01:26pm
Business & Finance Recovery from PIA: PSO receiveables soar to Rs 21.7bn ISLAMABAD: The Pakistan State Oil (PSO) has proposed the imposition of a levy of upto Rs4 per litre on Jet-A1 to... Updated 07 Mar, 2024 09:50am
Pakistan Mayor inaugurates PSO ECO Street project KARACHI: The Mayor Karachi, Barrister Murtaza Wahab and MD/CEO, PSO, Syed Muhammad Taha inaugurated the company’s... Published 06 Mar, 2024 04:18am
Print PSO to write letter to govt to help the entity avert default ISLAMABAD: Chairman Board of Management (BoM) of Pakistan State Oil (PSO), Asif Baig Mohamed will write a SOS (Save... Updated 05 Mar, 2024 08:49am
Print Rs4.25/lit premium on petrol adjusted ISLAMABAD: Interim government on Friday adjusted Rs4.25 per litre premium on petrol and 26 paisa on high-speed... Updated 02 Mar, 2024 09:25am
Print Rs30.8bn ‘recovery’ from Hubco: PSO seeks PD’s intervention ISLAMABAD: Pakistan State Oil (PSO) has sought Power Division’s intervention for recovery of Rs 30.8 billion from... Updated 01 Mar, 2024 09:46am
Print Govt moves NPP, GPP sell-off process forward Cabinet Committee on Privatisation directs Power Division to submit timelines for each of the issues hindering the process of privatisation of Nandipur Power Plant and Guddu Power Plant Updated 29 Feb, 2024 09:36am
Markets Greenfield Refinery Project: no material development, says PSO Pakistan State Oil Company Limited (PSO), the largest oil marketing company in the country, said on Monday that “no... Updated 26 Feb, 2024 10:15pm
Pakistan PSO DIGICASH announces strategic partnership with foodpanda KARACHI: foodpanda, Pakistan has announced its strategic partnership with PSO DIGICASH, a convenient and efficient... Published 22 Feb, 2024 06:55am
Print Refinery, petrochemical complex: PSO taps China’s Sinopec for partnership with Aramco As per pre-feasibility study, project will have processing capacity of more than 300,000 bpd, will produce range of high-value petroleum products Updated 20 Feb, 2024 11:59am
Business & Finance Petrol, diesel prices: Exchange rate adjustment to PSO led to hike ISLAMABAD: An exchange rate adjustment to Pakistan State Oil (PSO) of Rs3.01 per litre on high-speed diesel (HSD) ... Published 17 Feb, 2024 05:51am
BR Research PSO in 1HFY24 Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 1HFY24 yesterday where it... Published 16 Feb, 2024 08:54am
Business & Finance PSO posts Rs7.7bn net profit in 1HFY24 KARACHI: The national energy icon Pakistan State Oil (PSO), continued to dominate the industry while maintaining... Published 16 Feb, 2024 06:02am
Markets PSO suffers hefty loss of Rs10.4bn in 2QFY24 Pakistan State Oil Company Limited (PSO) posted consolidated losses to the tune of Rs10.43 billion in the second... Updated 15 Feb, 2024 09:36pm
Opinion Circular debt once again in focus Circular debt in the energy sector is a mystery which no government could so far unfold. Over the last two decades ... Published 10 Feb, 2024 05:48am
Markets Sale of total petroleum products dip 4% YoY Sale of total petroleum products in Pakistan clocked in at 1.38 million tons in January, a decline of 4%... Updated 02 Feb, 2024 04:12pm
Print Petrol price likely to increase from Feb 1 ISLAMABAD: The interim government may raise the petrol price by Rs 8 to Rs 11 per litre with effect from February 1,... Updated 30 Jan, 2024 10:44am
Print Circular debt reduction: MoF objects to plan tailored by minister ISLAMABAD: The Ministry of Finance (MoF) has reportedly raised objections on circular debt reduction plan tailored... Updated 23 Jan, 2024 09:09am
Business & Finance HSD cargoes’ import: PSO granted exclusive rights ISLAMABAD: Pakistan State Oil (PSO) has been granted exclusive rights for importing high-speed diesel (HSD) cargoes... Published 23 Jan, 2024 05:14am
Opinion The rampant energy theft Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a... Updated 20 Jan, 2024 05:56am
Business & Finance Petrol, HSD: PSO allowed exchange rate adjustments ISLAMABAD: The interim government has allowed Pakistan State Oil (PSO) per litre exchange rate adjustment of Rs 2.58... Updated 17 Jan, 2024 09:45am