Tag: PSO
PSO Suggests Debt Swap for Shares in Pakistani Public Sector Companies
Pakistan State Oil (PSO), the largest oil marketer in the country, has…
Gas tariff increase fails to cut Pakistan’s Rs2.8 trillion circular debt pile
The gas sector circular debt crisis, which affects key state-run entities such…
PSO keen on OGDCL, Mari Petroleum shares
Pakistan State Oil (PSO), grappling with severe financial challenges, is exploring a…
Petroleum sector circular debt rises to Rs1.7 trillion
The Petroleum Division told the Public Accounts Committee that the circular debt…
Ogra recommends govt up to Rs10 per litre reduction in petrol price
The Oil and Gas Regulatory Authority (Ogra) has recommended the coalition government…
First Russian oil shipment set to arrive on May 24
After remaining in doldrums for long, the first shipment of Russian oil…
Pakistan braces for fuel shortages amid liquidity crisis
Pakistan could face a crunch in fuel supplies in February as banks…
Petroleum products prices seen jumping post rupee devaluation
Petroleum prices would increase massively in the next fortnightly review, even without…
Govt to keep fuel prices unchanged
Finance Minister Ishaq Dar while addressing the media in Lahore on important…
PSO, SNGPL in a debt trap
Rising cost of liquefied natural gas (LNG), Pakistan State Oil (PSO) and…
Former PM Shahid Khaqan Abbasi contracts Covid
Former prime minister and PML-N leader Shahid Khaqan Abbasi tested positive for Covid,…
OGRA opens LNG imports, sales to private sector
The Oil and Gas Regulatory Authority (Ogra), on Friday, granted an RLNG…
ECC okays Rs30b bailout to save PSO from default
The Economic Coordination Committee (ECC) of the Cabinet released on Sunday Rs30…
Whopping circular debt: why and how
At present, circular debt of the power sector stands at around Rs2.46…
Oil companies raise concerns over decrease in petrol price
Oil and Gas Regulatory Authority (OGRA) called an immediate meeting on Wednesday…
PSO earns Rs20.2bn
Pakistan State Oil Company Ltd (PSO) reported unconsolidated earnings of Rs20.19 billion…
Petrol dealers go on strike across country
Pakistan Petroleum Dealers Association (PPDA) on Thursday has gone on strike across…
PSO LNG contract inflicts $31m loss?
Shafaqna Pakistan: Pakistan State Oil (PSO) is reported to have canceled one…
Pakistan Oil Refinery Policy 2021 finalised
Shafaqna Pakistan: The government has finalised the Pakistan Oil Refinery Policy 2021…
NAB accepts Rs1.27bn plea bargain of PSO corruption accused
The National Accountability Bureau (NAB) has accepted a plea bargain from an…