Tag: Pso

Shareholders commend PSO’s business performance

The shareholders of Pakistan State Oil (PSO), the nation’s oil market leader and the largest company in Pakistan in terms of turnover applauded the...

PSO announces record breaking profit

The Board of Management (BoM) of Pakistan State Oil Company Limited (PSOCL) convened Wednesday at the PSO headquarters to review the company’s performance for...

PSO suspends fuel supply to Karachi airport

Pakistan State Oil (PSO), the national oil company, on Tuesday ran out of jet fuel rendering itself unable to supply fuel to any domestic...

PSO seeks Rs 30b more as furnace oil stock depletes

The Pakistan State Oil, the country’s largest oil marketing company, on Wednesday sought Rs30 billion from the government on urgent basis in view of...

NBP and PSO sign strategic agreement

National Bank of Pakistan (NBP) and Pakistan State Oil (PSO) signed a strategic agreement, through which NBP will be using PSO fuel cards to...

PSO turnover hits record Rs 1.295tn in FY13

The Board of Management of Pakistan State Oil (PSO) convened Thursday here at the PSO head office to review the company’s performance for the...

Janjua appointed PSO MD

Amjad Pervez Janjua has taken the charge of Pakistan State Oil Company (PSO) as its managing director on Monday. He has been Managing Director...

Govt set to sell off PSO, PSM, other entities

The government is set to sell off public sector companies to improve their performance. Board of Investment Chairman Muhammad Zubair revealed this to journalists during...

PSO clears bank overdrafts

With the government's support the Pakistan State Oil (PSO) for the first time in years managed to clear its overdrafts. The state-run oil giant now...

PSO TO ESTABLISH OIL REFINERY IN KP DESPITE NO CRUDE OIL...

Pakistan State Oil (PSO) plans to establish an oil refinery in Khyber Pakhtunkhwa (KP) even though no crude oil is available in the area...

PSO MD appointed over guarantee of Rs 500m

Pakistan State Oil (PSO) Managing Director (MD) Naeem Yahya Mir, who was appointed after guarantee of Rs 500 million against merit, has led to...

Pakistan State Oil launches Fuel Smart Cards

The Pakistan State Oil (PSO) has launched what it termed as `Fuel Smart Cards’. A pompous ceremony to this effect was organised in...

PSO confronted with international defaults

With fuel stocks at power houses down to a critical two-day requirement, the country’s largest fuel supplier, Pakistan State Oil (PSO) has faced a...

PSO confronted with international defaults

With fuel stocks at power houses down to a critical two-day requirement, the country’s largest fuel supplier, Pakistan State Oil (PSO) has faced a...

PSO confronted with international defaults

With fuel stocks at power houses down to a critical two-day requirement, the country’s largest fuel supplier, Pakistan State Oil (PSO) has faced a...

Power crisis expected to get worse in summer

The electricity crisis is expected to get worse in the coming three peak summer months as oil stocks are plunging to historic low with...

PSO profits grow by 8% to Rs 930b in nine months

Pakistan State Oil (PSO) Board of Management on Tuesday reviewed the company's performance for the first nine months of FY13, July-March, and it was...