US
PPDA Chairman says no negotiations have taken place with the government thus far
CEO says company is in talks with govt to acquire stakes in public-sector firms
Government, with a stake of about 25%, is biggest shareholder of PSO, but private shareholders own the rest
Baloch said this initiative was currently being kicked off in Karachi and Lahore
PSO seeks payment of outstanding dues of Rs550 billion for LNG supply
Expensive RLNG to be diverted to the domestic sector in a bid to alleviate the gas crisis
Ministerial group cites challenges, risks in circular debt-plagued power sect
Sources say Rs5b released, Rs25b more to be released this week
With sharp price fall, Pakistan buys spot cargoes for first time in one year
Of total amount, Rs519b is to be received for LNG supplies
Investor will inject $1.5b into refinery to double its production capacity
Makes move to tackle risk of mounting debt crisis, default
Allows recovery of Rs1.72 tariff hike from K-Electric consumers
Pakistan's PIA airline resumes flights with extended credit for fuel purchases amid financial troubles
PSO to extend credit facility of Rs500m to facilitate airline operations
National flag carrier cancels a whopping 72 flights in single day
Increase their domestic fares by up to 30%
Pays Rs150 million to PSO on Wednesday for fuelling 26 flights
Thousands of commuters suffer flight delays amid fuel shortage
Among defaulters, PIA has to pay Rs26b to oil marketing firm
Two flights stopped at Lahore airport for not paying outstanding dues
Claims Rs6.7 billion in losses against SNGPL for the supply of LNG
No legal framework in place to recover money from domestic consumers
Miftah says 'no new' levy or tax added
It will ease financial woes of oil marketing firm as its receivables soar to Rs456b
PSO drives innovation in the clutter of #WomensDay campaigns
The patriotic ad aims to imprint the message of acceptance and freedom in the hearts of every Pakistani
Find out why celebrities are raving about the all-new PSO Hi-Octane 97 Euro 5 Fuel
Starts litigation after state company began deducting excess payments
Petroleum Division presents different proposals to ECC for circular debt reduction
Orders IO to provide Dr Asim’s counsel complete copies of Rs17b corruption reference
Covid-19 pandemic, preceded by the Saudi-Russia oil price war, brought unprecedented challenges
Heavy rainfall and flooding in Karachi affect refinery’s operations
The court sought replies from the Sindh advocate general, excise and taxation department
Petroleum Division seeks approval for import from first week of June
Country may face shortage if refineries cut production of petroleum products
Proposal for call option for two years sent to ECC for approval
Imran Khan-led govt allows refineries to import commodity to meet growing demand due to harvesting season
Expect higher oil imports, low demand in wake of coronavirus pandemic
Pakistan Refinery Limited says OMCs are importing, not lifting locally produced oil products
Objects to participation of only Islamic banks in the process
Oil marketing company’s receivables have mounted to Rs355 billion
SNGPL will receive $10.4822 per mmbtu, SSGC will get $10.4602
Will also discuss appointment of PSO MD in meeting on Tuesday next week
Under IMF programme, government sharply increases power and gas tariffs
Islamabad, Moscow discuss joint projects for developing oil, gas fields
OMC also suffers loss of over Rs800m in LNG business in Q1
Decline comes on back of surge in finance cost
Increases price by 6.43% for SNGPL, 6.62% for SSGC
Faraz says dept not accepting its mistake as no one was ready to take responsibility