Oil
Oil Stocks: PSO to make inventory gains
Abn-e-Ameer Pakistan State Oil (PSO) is likely to make dividends with higher oil stocks following a possible hike in prices effective from May 1, 2021. Oil…
Abn-e-Ameer Pakistan State Oil (PSO) is likely to make dividends with higher oil stocks following a possible hike in prices effective from May 1, 2021. Oil…
PSO outpaces energy market despite facing challenges of circular debt and Pandemic Aftab Ahmed Islamabad: Pakistan State Oil (PSO) outpaces the energy market. It makes a…
Byco Petroleum Pakistan Limited’s gross profit more than quadruples, displaying strong growth by jumping up 4.5 times (YoY) to PKR 5.47 billion for 9 months of…
Aftab Ahmed Islamabad: Pakistan has pressed Saudi Arabia to renew its plan of setting up a $10 billion refinery in Balochistan. Earlier, Saudi Arabia had shelved…
Aftab Ahmed Islamabad: Local leading businessmen’s consortium is set to buy 22 per cent stakes of Abraaj Group in Byco refinery in Pakistan. Sources told Newztodays.com that…
Aftab Ahmed The Federal Board of Revenue (FBR) has started an audit of Oil Marketing Companies (OMCs) to find out tax evasion. The FBR will complete…
PSO may emerge as a competitor to Byco after setting up SPM Aftab Ahmed The federal government has directed Pakistan State Oil (PSO) to explore the…
Aftab Ahmed Prime Minister Imran Khan on Friday directed Nadeem Babar to step down and removed the secretary of petroleum over the petrol crisis. Khan has…
Aftab Ahmed Islamabad: The government has decided to offer tax exemptions to the existing and new oil refineries for up-gradation projects in the new proposed refinery…
Aftab Ahmed The government is set to increase margins of Oil Marketing Companies (OMCs) and dealers on petroleum products by 6.8 percent effective from July 1,…