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Browsing Tag
PSO
The Pakistan State Oil (PSO), a government-owned enterprise, experienced a significant drop of nearly 90% in its combined net earnings, amounting to Rs9.82 billion for the fiscal year ending on June 30, 2023.…
PSO Holding Talks With Russia for Oil Import
Pakistan State Oil (PSO) and a Russian technical delegation are holding talks in Karachi to give the final touches to a crude oil import deal. The talks were started yesterday and will continue today at…
Pakistan Braces for Fuel Shortage in Feb?
Last weekend, Federal Finance Minister Ishaq Dar announced a sudden hike of Rs. 35/liter in the price of petrol and diesel. This petrol bomb was an expected surprise, especially after the dollar went from Rs.…
Don’t Panic, These Petrol Pumps Are Still Open
It’s the 25th of November, the day of the Pakistan Petroleum Dealers Association (PPDA)’s country-wide strike. People are bracing themselves for the beginning of an anticipated petrol shortage as petrol pumps…
Pakistan To Get First Ever Euro 5 Diesel by PSO
Pakistan State Oil (PSO) has brought the nation’s first shipment of Euro 5 hi-cetane standard fuel. The oil marketing company will start selling Euro 5 diesel in the main cities of the country starting from…
Pakistan’s First Ever Euro 5 Standard Fuel!
Pakistan State Oil (PSO), being the leading oil marketing company of the country, has upgraded Pakistan’s fuel standards from Euro 2 to Euro 5.
The company has Introduced this high-grade fuel under the name…
This is How Pakistanis Reacting to Euro5 Fuel
Pakistan State Oil (PSO) has launched Euro5 fuel in the country at the start of this month. The government had introduced this high-grade fuel to increase engine performance, reduce pollution, and vehicles…
PSO Launches its First Electric Vehicle Charging Station
Pakistan State Oil (PSO) has launched its first electric vehicle charging station in Islamabad. In a press release, the company said PSO continues to pave the way for Pakistan’s sustainable future.
The…
State-own Oil Company One-Up in Euro5 Race
Pakistan State Oil (PSO) is leading the Euro5 race in the country. In a notification, the company announced that it would start selling this upgraded fuel very soon.
The company said that PSO continues to…
Great News! Pakistan to upgrade Petrol, Diesel Quality
In a great news for local consumers, the Pakistan government has decided to improve the quality of petrol and diesel. According to the Federal Minister of Climate Change Malik Amin Aslam, the quality of fuel…
PSO profits fell by 15.55% during Q1 of FY 19-20
Despite an increase in the market share, the profits of the Pakistan State Oil (PSO) have gone down by 15.55% during the first quarter of the fiscal year 2019-20.
According to the financial results announced…
PSO’s earnings down by 64% in Q3 of FY19
Pakistan State Oil has posted its earnings for the 3rd Quarter of FY19, and according to it, the company made PKR 1.68bn in Q3 down by 64%.
Note here that in the same period of the corresponding year, PSO…
Pakistan State Oil profits down by 50%
Pakistan State Oil’s (PSO) profit is down by 50% in the H1 of the current fiscal year.
According to the details, Pakistan State Oil, in a notice sent to Pakistan Stock Exchange (PSX) has declared that its…
OGDC earns net profit of PKR 78.7 billion
Oil and Gas Development Company’s net profit has gone up by 23% in FY’18.
As per the details provided by the company, it has made a net profit of PKR 78.7 billion, up by 23%, for the year that ended in June…
Hascol Petroleum’s profit down by 25.2% to PKR 298.5 million
Hascol Petroleum reports 25% dip in its net profit for Q2 of FY 2018.
As per the notice, sent to Pakistan Stock Exchange, by the company, its net profit for the second quarter that ended on June 30, 2018, is…
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