Tag Archives: oil

COUNTRY’S OIL REFINING CAPACITY Pakistan’s oil production reached a two-year high at around 97,000 barrels per day in December 2016 after oil and gas exploration and production companies geared up their drive to find new deposits of hydrocarbons in the …

Registers favorable sales growth in 9 months of this fiscal Licenses to 21 Oil Marketing Companies of Pakistan granted Various oil companies have worked hard and established their names throughout the region, competing with each other for better growth, production, …

The following article is reprinted with permission from The Conversation, an online publication covering the latest research. The largest sovereign wealth fund in the world, Norway’s US$930 billion Government Pension Fund Global, is seen as the epitome of socially responsible …

Pakistan State Oil (PSO), the country’s largest oil marketing company, reported a 50 percent increase in its net profit at Rs10.27 billion for the year ended June 30, 2016 owing to decrease in the company’s cost of sales. The oil …

FIRST QUARTER 2016 (MARCH 31, 2016) The Company has continued to make progress on improving its operational performance during the quarter, registering profitable delivery in all our chosen focus segments. Downward oil price movements continued to impact our otherwise robust …

NINE MONTHS 2016 (MARCH 31, 2016) Your Company continued to build on its operational performance during the period by registering a strong growth in sales volume. The Company earned a gross profit for the third quarter of Rs. 1.88 billion …

FIRST QUARTER 2016 (MARCH 31, 2016) HALF YEAR 2016 (JUNE 30, 2016) Our sales volumes has increased by more than 45% over the same period of last year and our profit after tax has also increased by almost 19%. The …

Interview with Mr Abdul Sami Khan – Chairman, Pakistan Petroleum Dealers Association and Chairman CNG Dealers Association PAGE: YOUR VIEWS ON OIL PRICES: ABDUL SAMI KHAN: There was a time when OPEC used to dictate oil prices and managed to …

PETROLEUM PRICES IN PAKISTAN (Rs./Ltr Date HOBC Premium HS Diesel LS Diesel Kerosene 3-Apr-17 72.68 74.00 84.00 44.00 44.00 1-Mar-17 72.68 73.00 82.00 44.00 44.00 1-Feb-17 72.68 70.29 79.48 43.35 43.25 16-Jan-17 72.68 68.04 77.22 43.35 43.25 2-Jan-17 72.68 66.27 …

Company posts 14pc rise in net sales in first nine months of this fiscal In Pakistan, Attock Petroleum Limited (APL) is the only oil marketing company, belonging to a fully vertically integrated group covering all aspects of the Oil & …