Tag: Pso

NAB tightens net around ex-PM Abbasi, initiates two new inquiries

--Bureau to probe appointment of former PSO MD; no permanent OGDCL head in five years ISLAMABAD: After investigating the Liquefied Natural Gas (LNG) scandal, the National...

Hundreds of dual national civil servants may lose jobs

--Fate of officials holding dual nationality at stake after apex court’s judgement --OGRA’s member oil, OGDCL MD, PSO GM among other officials to decide whether...

Arrest warrant of ex-PSO MD issued in Rs23bn corruption case

KARACHI: An accountability court on Saturday issued arrest warrants against absconding suspects involved in the Rs23 billion corruption case related to the Pakistan State Oil...

PIA flight operation delayed due to stoppage of fuel supply by...

The domestic flight operation of Pakistan International Airlines (PIA) experienced a delay on Tuesday evening due to stoppage of fuel supply by Pakistan State...

SC orders NAB to probe fuel price hike, LNG contracts

--Is he Aristotle, chief justice asks when told about PSO MD's Rs2.1m salary --SC orders PSO to submit report on LNG contracts within 10 days   ISLAMABAD: The...

LNG deal with Qatar to be renegotiated if irregularities found

The Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan on Wednesday said that the National Accountability Bureau (NAB) is investigating LNG agreement...

Verifying complaints that PSO is importing poor quality petrol: CJP

LAHORE: Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Monday said that the court is receiving complaints that Pakistan State Oil (PSO) is...

SC directs NAB to probe PSO MD’s appointment

Five arrested by NAB in Rs63.68bn petroleum scam involving PSO ISLAMABAD: The Supreme Court (SC) on Saturday ordered the National Accountability Bureau (NAB) to...

Petrol filling stations charging higher than govt mandated prices

LAHORE: Petrol stations in the provincial capital are selling petrol and diesel to consumers at exorbitant prices, charging even higher than the new prices...

NAB expected to grill former PM Abbasi in PSO losses case

PSO MD says Abbasi helmed energy ministry which raised import demand causing Rs20.5 billion losses ISLAMABAD: The National Accountability Bureau (NAB) is expected to grill...

Interior ministry in a fix over putting PSO chief’s name on...

ISLAMABAD: The Interior Ministry is in a fix following a recommendation of National Accountability Bureau (NAB) to place the name of PSO MD Shaikh...

Govt lied about overcoming the power crisis: Sherry Rehman

ISLAMABAD: Leader of the Opposition in the Senate Sherry Rehman voiced her concern over the power shortfall that has led to power outages across the...

Team PSO clinches top positions in jeep rally

  Thrilling Pakistan Motor Rally event to go a long way in reviving tourism KARACHI: The Pakistan State Oil (PSO) in continuation of its support for...

No fuel, can’t fly plane, says PIA

KARACHI: Several domestic flights of Pakistan International Airlines faced delays on Tuesday after Pakistan State Oil suspended fuel supply to the national flag-carrier, sources told...

PM declinesto appoint Musadik Malik as chairman of PSO board

  Prime Minister Nawaz Sharif has declined to appoint Dr Musadik Malik as permanent chairman Pakistan State Oil’s (PSO) board, while a summary seeking appointment...

PSO declares after tax profit of Rs 10.3bn in 2015-16

  The Pakistan State Oil (PSO) has reported a profit after tax of Rs 10.3 billion as compared to Rs 6.9 billion reported during the...

PSO enters into agreement for fuel supplies to Thar coal mines

    Pakistan’s top oil marketing company, Pakistan State Oil (PSO) has entered into an agreement with the China East Resource Import and Export Corporation (CERIECO),...