Muhammad Amin Rajput becomes MD/ CEO of SSGC
SSGC's Board of Directors has appointed Mr Muhammad Amin Rajput as the Company's Managing Director / Chief Executive Officer on a contract basis for a period of three years, with…
Wafi Energy Pakistan announces profit of PKR 3.54 billion in CY2025
The Board of Directors of Wafi Energy Pakistan Limited (WEPL) announced the company’s financial results for the year ended December 31, 2025. The company reported a profit after tax of…
OGDC secures five new exploration blocks; signing ceremony held in Islamabad
Oil and Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production company, on Thursday signed Petroleum Concession Agreements (PCAs) for five new exploration blocks awarded in the bidding round…
Sui Southern rejects reports of gas suspension in Karachi during Ramzaan
Sui Southern Gas Company (SSGC) hereby denies all such news reports claiming suspension of gas during Iftaar hours, terming them contrary to the facts and misleading. SSGC’s management is closely…
APL posted 2QFY26 NPAT of PKR2.6bn
Attock Petroleum Limited (APL) posted 2QFY26 NPAT of PKR2.6bn (EPS: PKR20.97), down 32% QoQ and 5% YoY, above our expected EPS of PKR17.25, with the positive variance primarily driven by…
POL posted 2QFY26 NPAT of PKR6.3b
Pakistan Oilfields Ltd. (POL) posted 2QFY26 NPAT of PKR6.3bn (EPS: PKR22.16), down 17% YoY but up 16% QoQ, higher than our estimated EPS of PKR19.06. The deviation mainly stems from…
OGDC announces 1H26 results; Declares record Rs 4.25 2nd interim dividend
The Board of Directors of Oil & Gas Development Company Limited (OGDC), in its meeting held on Monday, February 23, 2026, announced the financial results for the half year ended…
OGDC announces Oil and Gas discovery at Baragzai X-01 (Slant) in Kohat, KPK
Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Friday announced a significant oil and gas discovery at its exploratory well Baragzai X-01 (Slant), located…
PPL announced a hydrocarbon discovery at the exploratory well Baragzai
Pakistan Petroleum Limited (PPL) announced a hydrocarbon discovery at the exploratory well Baragzai X-01 (Slant) in the Lumshiwal Formation within the partner-operated Nashpa Block. The block is operated by Oil…
OGDC discovers oil and gas at Dars West-3
Oil and Gas Development Company Ltd (OGDC) has made an oil and gas discovery at the Dars West-3 developmental well in Tando Allah Yar, Sindh. Spudded on 31st Dec 2025,…
OGDC partners with France’s SNF for water injection Systems at oil fields
Oil and Gas Development Company Limited (OGDC), Pakistan’s leading exploration and production company, on Tuesday signed a landmark contract with SNF S.A., a French speciality chemical company and world leader…
PSO reports resilient financial performance amid challenges
Pakistan State Oil (PSO), the nation’s energy flagship, announced its financial results for the first half of fiscal year (1HFY26) ended December 31, 2025, demonstrating strong resilience and a continued…
PPL earnings dip on higher operating expenses and taxation charge in 2QFY26
Pakistan Petroleum Limited (PPL) reported 2QFY26 financial results earlier today, with consolidated earnings clocking in at PkR20bn for the second quarter (EPS: PkR7.40), down 26% YoY — slightly below expectations.…
Pakistan oil marketing sector shows strong growth in January 2026
A recent report by Topline Pakistan Research reveals significant growth in the oil marketing sector, with Pakistan's Oil Marketing Companies (OMCs) recording a 10% year-over-year (YoY) increase and a 12%…
MARI’s 2QFY26: Bottomline arrived at PKR 10.66/share
AHL Research has released a report on MARI Energies Limited's Result Review, where earnings increased by 15% YoY in 2QFY26. MARI's 2QFY26: Bottomline arrived at PKR 10.66/share. Mari Energies Limited (MARI)…
Oil and gas production in Pakistan declined by 1.4% and 4.2% YoY during 2QFY26
AHL Research has reviewed the performance of the Pakistan E&Ps Sector in light of the production update & result preview for 2QFY26. Experts believed that during 2QFY26, Oil and gas…
OGDC’s third discovery in a row – 3,100 barrels of oil per day
Oil and Gas Development Company Limited (OGDC), the operator of the Nashpa Exploration License, on Tuesday announced another major oil and gas discovery at its exploratory well Baragzai X-01 (Slant),…
OGDC discovers third formation in Baragzai Nashpa
Oil & Gas Development Company Ltd. (OGDC) has announced a third formation discovery at the previously reported Baragzai X-01 well in the Nashpa Block, KPK. The newly tested Samana Suk…
PSO: Bottom-line projected to increase by 50% YoY to PKR 35.72/share in 1HFY26
Pakistan State Oil Company (PSO) is set to announce its 1HFY26 results, expecting a profit after tax (PAT) of PKR 16,768mn (EPS: PKR 35.72), a 50% YoY increase driven by…
Pakistan Oil & Gas sectors profitability is likely to decline by 15% YoY and 7% QoQ in 2QFY26
According to a report from Topline Pakistan Research, Pakistan Oil & Gas Exploration - Profitability likely to decline by 15% YoY and 7% QoQ in 2QFY26; Low oil prices to…
MARI to emerge as a major beneficiary
Topline Pakistan Research has presented a research report on Pakistan's Oil & Gas and Fertilizer sectors. The allocation of gas from the Mari Field leads to MARI emerging as a…
Pakistan’s petroleum sales rose 6% YoY to 1.35 million tons in Dec’25
Pakistan’s petroleum sales rose 6% YoY to 1.35 million tons in Dec’25. On a full-year basis, CY25 volumes increased 5% YoY to 16.45 million tons, up from 15.62 million tons…
Pakistan Refinery sector saw growth in 1HFY26
Overall refinery upliftment rose 0.9% YoY in Dec’25, driven by higher MS and FO offtake, despite weaker HSD demand, according to a report from AHL Research. HSD upliftment declined 8.6%…
OGDC discovers second formation in the Nashpa Block
Oil & Gas Development Company Ltd (OGDC) has announced a second formation discovery at the previously reported Baragzai X-01 well in the Nashpa Block, KPK. The newly tested Datta (Jurassic)…
SSGC plans to add 50,000 RLNG connections starting from FY26
Sui Southern Gas Company (SSGC) held its analyst briefing today, during which management discussed financial performance and the future outlook, according to a report by Topline Pakistan Research. Regarding gas…