Pakistan’s’s exposure to Middle East oil flows remains manageable
Arab Light gained more than 21.3% during Jun’25 and 11% since June 13, 2025 due to escalating geopolitical tensions in the Middle East. The movement of large volumes of oil…
Oil marketing companies not supplying petrol pumps as per orders: Malik Khuda Bakhsh
Senior Vice Chairman of the Pakistan Petroleum Dealers Association, Malik Khuda Bakhsh, has claimed that due to the Iran-Israel conflict, oil marketing companies in the country are not supplying petroleum…
An informative data on PPL and its future growth prospects
Topline Pakistan Research has highlighted Pakistan Petroleum Limited (PPL) and its future growth prospects. The research firm reiterates its 'BUY' recommendation on PPL, setting a target price (TP) of Rs…
OGDCL and Gazprom explore collaborative opportunities in the oil/gas sector
A high-level Pakistani delegation, led by Federal Minister for Petroleum Ali Pervaiz Malik, held a meeting with representatives of Gazprom, Russia’s leading oil and Gas Company, headed by Mr. Sergey…
PSO is focused on clearing existing loans before exploring new investments
Pakistan State Oil Ltd (PSO) held its analyst briefing today to discuss its financial results for 9MFY25: Recalled here, the company's net sales declined by 13% year-over-year (YoY) to PKR…
OGDCL announces significant Oil and Gas discovery at Faakir-1 Well in Khairpur, Sindh
Oil & Gas Development Company Limited (OGDCL) on Thursday announced a significant oil and gas discovery from its exploratory efforts at the Faakir-1 well, located within the Bitrisim Exploration License…
OGDC discovers oil and gas at Fakir-1 in Bitrism E.L., Sindh
Oil and Gas Development Company Ltd (OGDC) has announced an oil and gas discovery at the exploratory well Fakir-1, located in the Bitrism E.L., Khairpur, Sindh. The company (95% working…
MOL Pakistan donates ambulances to the district administration of Karak and Kohat
MOL Pakistan has reaffirmed its commitment to strengthening healthcare infrastructure in Khyber Pakhtunkhwa by donating fully equipped ambulances to the District Administrations of Karak and Kohat. At a ceremony held…
OMCs recorded sales of 1.53mn tons in May 2025
According to a report by Topline Pakistan Research, Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.53 million tons in May 2025, up 10% year-over-year (YoY) and 5% month-over-month (MoM).…
SSGC team raided Larkana’s Yasmeen Medical Centre
Sui Southern Gas Company has been pulling out all stops to reduce incidents of gas theft in its franchise provinces of Sindh and Balochistan. In an intensive anti-gas theft crackdown…
Federal Minister for Petroleum shared the vision of PM for a holistic energy policy
Addressing a media gathering at the Head Office of Sui Southern Gas Company, the Federal Minister for Petroleum, Mr Ali Pervaiz Malik, shared the vision of Prime Minister Mian Muhammad…
Federal Minister for Petroleum visits PARCO
The Honorable Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, accompanied by the Additional Secretary (Policy), Petroleum Division Mr. Zafar Abbas visited the Corporate Headquarters of Pak-Arab Refinery Limited (PARCO)…
Federal Minister for Petroleum meets key energy stakeholders at PSO House
Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, accompanied by Mr. Zafar Abbas, Additional Secretary Petroleum, Ministry of Energy (Petroleum Division), Mr Waqas Ahmed Barlas, Director to the Minister DS…
MD PPL inaugurates PPL – Funded Center of Excellence at UET Lahore
MD & CEO, Pakistan Petroleum Limited (PPL) Mr. Imran Abbasy as Chief Guest, formally inaugurated the Center of Excellence for Research, Development and Training (CERDT) at the University of Engineering…
OGRA gives the nod to prescribed prices
OGRA has set the prescribed prices for FY26 at PKR 1,895/mmbtu for SNGP and PKR 1,659/mmbtu for SSGC, depicting a 6.57% increase for SNGP and a 5.90% decrease for SSGC.…
Sui North Gas (SNGP) – OGRA approves 6.6% hike in gas prices
Against the demand for a 40-42% hike by Sui North (SNGP), the Oil and Gas Regulatory Authority (OGRA) has decided to allow a 6.6% hike. SNGP demanded an exorbitant hike…
APPDA urges balanced reforms to curb illegal fuel trade
The All Pakistan Petroleum Dealers Association (APPDA) has issued a strong warning against the proposed Petroleum (Amendment) Act 2025, arguing that while the legislation aims to curb fuel smuggling, it…
OGDCL, the Sindh Government, and SZABIST ZABTech partner to create a TVET Skill Development Center in Kashmore.
Oil and Gas Development Company Limited (OGDCL) has signed an agreement with the Government of Sindh and SZABIST ZABTech to establish a state-of-the-art Technical and Vocational Education and Training (TVET)…
Mari Energies awarded 10 new exploration Blocks
Mari Energies Limited (MariEnergies) has been provisionally awarded 10 new exploration blocks in Pakistan's onshore bid round 2025. The Directorate General of Petroleum Concessions (DGPC) awarded the blocks after a…
SSGC disconnects 2,012 illegal connections
Sui Southern Gas Company Ltd. has shown zero tolerance against cases of gas theft over the years and has been fighting to eliminate this evil from society ever since the…
MARI discovers gas at Soho-1 in Sujawal Block, Sindh
Mari Energies Ltd (MARI) has announced a gas discovery at the exploratory well Soho-1 in the Sujawal Block, Sindh. The company (100% working interest) successfully tested across two formations, with…
Petroleum sales rise 6% YoY to 13.2mn tons in 10MFY25
Pakistan’s oil marketing sector posted a modest but encouraging recovery, with total petroleum product sales reaching 13.22 million tons during the first ten months of FY2025 (10MFY25), reflecting a 6%…
OGDC announced its 3qfy25 results, earnings fall on weaker volumes and oil prices
OGDC announced its 3qfy25 results earlier today, posting an NPAT of PKR 47.1 billion (EPS: PKR 10.96), down 1% year-over-year — in line with our expectations. The company also announced…
PPL announced an interim cash dividend of PKR 1.0/share for 3QFY25
Pakistan Petroleum Limited (PPL) reported its 3QFY25 earnings earlier today, clocking in at PkR21.9bn for the quarter (EPS: PkR8.05), lower by 21%YoY — in line with our expectations. The annual…
PSO posted a net profit of PKR 15.3 billion in 9MFY25
Pakistan State Oil (PSO), a leading player in the nation’s energy sector, has reported a steady financial and operational performance for the nine months ended March 31, 2025 (9MFY25), highlighting…
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