Oil
Govt likely handing over APL to Byco
Aftab Ahmed The government is likely to hand over Asia Petroleum Limited (APL) to Byco Refinery to utilize it for transporting oil. Sources said that management…
Oil
Oil
PSO proposes shares’ transfer to Mari, OGDCL, PPL
Aftab Ahmed Pakistan State Oil (PSO) has proposed that the government transfer its shares to Mari, OGDCL, and PPL under an equity swap arrangement. The proposed…
Oil
Attock Group claims to invest $600 million
Our Correspondent Attock Group of Refineries has claimed to invest $600 million to install Diesel Desulphurisation and Isomerisation units. ARL CEO Adil Khattak said In response…
Oil
Govt to say ‘Goodbye’ to Old Refineries
Aftab Ahmed The PTI government has decided to say ‘Goodbye’ to decades-old oil refineries if they fail to upgrade in a year period in line with…
Oil
PSO to support electric vehicle charging, automation
News Desk The Petroleum Division has assured state-run oil marketing company Pakistan State Oil (PSO) to extend support in embracing new technologies specifically electric vehicle charging…
Oil
OGDCL makes successive controversial appointment of ED HR
Aftab Ahmed Islamabad: A senior official at OGDCL was selected at a handsome package with an irrelevant degree and a pending inquiry while being in his…
Oil
Govt to revise OMCs margins formula
Aftab Ahmed Islamabad: The government has decided to revise the formula of calculating margins of Oil Marketing Companies (OMCs) based on their audited financial statements. The…
Industry
NAB probes against OGRA, OMCs
Aftab Ahmed Islamabad: The NAB—top anti-corruption body—has initiated a probe against one of the OMCs operating in the country under NAB Ordinance 1999 and section 3…
Gas
Cabinet approves new board PPL
Aftab Ahmed Islamabad: Cabinet has approved the nomination of directors and Shahab Rizvi as possible chair of the board of Pakistan Petroleum Limited (PPL). Earlier, the…
Gas
PPL: A rich legacy rejuvenated
News Desk Karachi: Pakistan Petroleum Limited (PPL), a frontline Exploration and Production (E&P) company for seven decades, has played a key role in providing energy for…