Pakistan Petroleum Limited (PPL) is expected to announce its 9MFY22's financial result on 27th Apr'22, where we project the company's bottom-line to clock in at PKR 51,691mn (EPS: PKR 19.00)…

Oil & Gas Development Company Limited (OGDC) is scheduled to announce its 9MFY22's financial result on 28th Apr'22, where we expect earnings to settle at PKR 109,968mn (EPS: PKR 25.57),…

Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry of Pakistan, has reported that ample stocks of Motor Spirit (MS) & High Speed Diesel (HSD) are…

The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company on 21st April. The company posted a profit after tax of PKR 2,079…

Ministry of Petroleum, DGPC had opened bids for 14 onshore Blocks for grant of Petroleum Exploration Rights through open bidding on April 18, 2022 at Petroleum House, Islamabad. Bids were…

Total Petroleum sales arrived at 1.82mn tons in Mar'22, witnessing a jump of 23% YoY and 19% MoM (due to extra working days compared to February). The growth in sales…

Shell Pakistan Limited (SPL) inaugurated its 2nd 'Integrated Retail Outlet' (IRO) in Karachi, located strategically on M9 Motorway that connects the largest port city to the rest of the country.…

Pakistan's largest energy company - Pakistan State Oil (PSO), signs Fuel Supply and Technical Services Agreements with TotalEnergies Aviation (TEA) at their headquarters at La Defense Paris France. The agreements…

We are revising up our earnings estimates for Pakistan State Oil (PSO) for FY22E and FY23F to Rs119/sh and Rs74/sh vs. our previous estimate of Rs45/sh and Rs50/sh, respectively. This…

The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2021. The company posted a profit after tax of PKR 4,466 million…

Oil and Gas Development Company (OGDC): We raise our OGDC earnings forecast by an average of 59% over FY22-24 after incorporating revised oil price assumption and 1HFY22 results. However, we…

BYCO issues international tender to provide operation & maintenance (O&M) services for its single point mooring facility (SPM) in Pakistan. Bids are due on Aug 16. Byco Petroleum Pakistan Limited…

The state-owned Oil and Gas Development Company Limited (OGDCL) has informed Pakistan Stock Exchange (PSX) that it being the operator of Wali Exploration Licence with 100% working interest, has made…

Pakistan's premier energy company, Byco Petroleum Pakistan Limited, signed an MoU today with Sehat Kahani to provide telemedicine facilities through remote medical consultations for Byco's workforce of over 800 employees…

Pakistan State Oil (PSO), the leading energy company of Pakistan, convened its Board of Management (BoM) meeting at the PSO Headquarters in Karachi to review the performance of the Company…

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according…

President FPCCI Mr. Ghazanfar Bilour has congratulated Prime Minister Shahid Kaqan Abbasi on successful launching of TAPI pipe line long awaited project awaiting completion for several years back. With the…

Shell Pakistan in collaboration with Bari lubricants (Shell's authorized distributors) organized a technology seminar for its consumers in Faisalabad. The objective of the event was to highlight technological advancements incorporated…

Minister of State for Petroleum and Natural Resources, Jam Kamal Khan has recently visited SSGC House. He chaired a high level meeting in which Acting MD SSGC Mr. Amin Rajput,…

The last day of the year 2015 at Sui Southern Gas Company (SSGC) marked the launch of ‘Hum Qadam’ volunteering program as part of the Company’s initiative in the area…