Senate Sub-Committee Reviews Legal Framework for Petroleum Boards; Seeks Briefing on PSO, PPL, and PARCO

2 min read

The Sub-Committee of the Senate Standing Committee on Petroleum, chaired by Senator Manzoor Ahmed Kakar, convened at Parliament House to review the legal and regulatory…

PSO Profit Climbs to Rs12.1bn in 1HFY26 on Strong Fuel Sales

2 min read

Pakistan State Oil (PSO) reported a profit after tax of Rs12.1 billion for the half year ended December 31, 2025, up from Rs11.2 billion in…

PIA Sale Leaves PSO With Rs. 30 Billion Unpaid Dues

2 min read

Pakistan State Oil (PSO) remains exposed to over Rs. 30 billion in unpaid receivables from Pakistan International Airlines (PIA), despite the national carrier’s recent sale…

PSO Profit Soars 136% to Rs. 9.39 Billion in Q1 Fiscal Year 2026

2 min read

Pakistan State Oil Company Limited (PSO) has announced impressive financial results for the first quarter of Fiscal Year 2026, posting a profit after tax of…

Unexpectedly, PSO Leans Heavily on Fintech: The Full Story of Payvay, Partnerships & Risks

5 min read

Pakistan State Oil (PSO), the country’s largest oil marketing company, is undergoing one of the boldest strategic pivots in its history. After quietly dissolving its…

Senate Committee Reviews and Defers Decision on Pakistan Telecommunication Bill, 2025

4 min read

Islamabad: The Senate Standing Committee on the Cabinet Secretariat took up the Government Bill titled “The Pakistan Telecommunication (Re-organization) (Amendment) Bill, 2025. A meeting of…

Pakistan’s PSO Approves SPA Agreement with Azerbaijan’s SOCAR for Petroleum Product Supply

2 min read

The Pakistan State Oil Company Limited (PSO) has approved the execution of a Sale and Purchase Agreement (SPA) with the State Oil Company of the…

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