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…

Continue ReadingOGDC secures five new exploration blocks; signing ceremony held in Islamabad

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…

Continue ReadingOGDC announces Oil and Gas discovery at Baragzai X-01 (Slant) in Kohat, KPK 

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.…

Continue ReadingPPL earnings dip on higher operating expenses and taxation charge in 2QFY26