December 16, 2015 Pakistan Petroleum discovers gas in Sindh One of Pakistan’s leading exploration & production companies, Pakistan Petroleum Limited (PPL) on Tuesday announced gas discovery at its exploration well Hatim X-1 at…
December 13, 2015 Impact of low oil price on Pakistan Stock Market In its latest meeting OPEC decided to maintain its oil output. This has triggered another slide in global crude oil prices. There are growing…
November 5, 2015 PPL to get higher price for its new discoveries According to a recently released report by AKD Securities, 18 concessions of Pakistan Petroleum Limited (PPP) (where it is operator in 16 and non-operating…
October 28, 2015 PSO quarterly profit down by 38 percent Country’s largest oil marketing company, Pakistan State Oil Company (PSO) has posted net profit after tax of Rs3.3 billion (EPS: Rs11.97) for the first…
October 13, 2015 OMV finds another gas field in Pakistan OMV Pakistan, a wholly-owned subsidiary of OMV Exploration & Production GmbH, has found gas at the Latif exploration block in Sindh. The Latif South-1…
October 6, 2015 Pakistan State Oil Company Boon or Busted Pakistan State Oil Company (PSO) is country’s largest oil marketing company (OMC) operating in the public sector. It is scheduled to announce first quarter…
September 22, 2015 HUBCO and KAPCO performance improves Persistent liquidity problem faced by the power sector on account of lingering circular debt (estimated around Rs615 billion at end July) continues to mar…
September 21, 2015 Pakistan: Another oil and gas discovery in Punjab One of Pakistan leading oil and gas exploration and production company, Mari Petroleum Company Limited announced has struck another significant crude oil, condensate and…
September 3, 2015 PPL discovers another hydrocarbon reserve in Sindh Pakistan Petroleum Ltd (PPL) has made another hydrocarbon discovery at its exploration well Fazl X-I located in Hala block in Sindh. Hala block, which…
September 2, 2015 PSO profit for FY15 nosedives by 63 percent Pakistan State Oil Company (PSO) has released its financial result for the year ended June 30, 2015 (FY15), posting a sharp decline of over…