PSO

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