Oil
PSO edging closer to financial collapse
Ibn-e-Ameer It is poor management, inefficiency, or government intervention; whatever you call it, Pakistan State Oil (PSO) is edging towards financial collapse due to circular debt.…
Ibn-e-Ameer It is poor management, inefficiency, or government intervention; whatever you call it, Pakistan State Oil (PSO) is edging towards financial collapse due to circular debt.…
Ibn-e-Ameer Islamabad: Amid conflicting figures of deemed duty, the government is moving towards conducting an audit of the deemed duty oil refineries have collected in Pakistan…
Ibn-e-Ameer The government has exempted oil refineries from import duties and Sales Tax on import of Petroleum Crude oil with effect from July 1, 2022. Refineries…
Ibn-e-Ameer The government will contribute 26 percent of funds to finance the up-gradation projects of existing refineries in Pakistan in the new proposed Policy 2021. Sources…
Ibn-e-Ameer Federal Investigation Agency (FIA) is going to fix the main culprits of oil marketing companies (OMCs) in Pakistan involved in the oil crisis. Oil companies…
Shell Pakistan, an oil marketing company has posted a profit of Rs 2.1 billion after-tax, turning it into profit-making. It had recorded a loss of Rs…
News Desk Members of the Parliamentary Panel want the government to put names of Hascol Petroleum officials on ECL for an alleged fraud of over Rs…
Ibn-e-Ameer Cabinet Committee on Energy (CCoE) did not approve the new refinery policy and decided to discuss it again next week due to objections on some…
Amid the controversy of default, the board of directors of Hascol Petroleum Limited has appointed Aqeel Ahmed Khan as its Chief Executive Officer (CEO) and two…
Aftab Ahmed Islamabad: The Hascol oil marketing company has been blamed for Rs 15 billion scam. Member Senate Standing Committee on Petroleum Afnanullah Khan alleged Hascol…