Karachi: Mr Naeem Yahya Mir CEO and MD Pakistan State Oil (PSO) is inaugurating the Mobile Publicity Unit which is an activation project launched by PSO for publicizing its complete range of automotive and industrial lubricants. The branded vehicles will travel nationwide and engage trade and end customers. The senior …
Read More »Pakistan State Oil Announces Results for 1HFY12
Karachi: The Board of Management of Pakistan State Oil (PSO) convened on Thursday at PSO House to review the company’s performance over the first half of FY12 from July, 2011 to December, 2011. In the period under review PSO revenues touched Rs 576 billion as compared to Rs 427 billion …
Read More »Pakistan State Oil registers after tax profits of Rs 2.5bn
Karachi: The Board of Management of Pakistan State Oil (PSO) convened on Monday at PSO House to review the company’s performance over the first quarter period from July 2011 to September 2011. In the period under review PSO sales revenues grew to Rs. 279 billion representing a growth of 38% …
Read More »Pakistan State Oil’s 35th Annual General Meeting amidst mounting debt concerns
Karachi: Pakistan State Oil (PSO), the nation’s largest energy company, held its 35th Annual General Meeting earlier today. The Chairman, Board of Management, Sohail Wajahat Siddiqui, presided over the meeting and highlighted the salient features of the Company’s financial performance during the preceding fiscal year. The Chairman in his speech …
Read More »Karachi Electric Supply Company promises reduction in loadshedding
Karachi: The Karachi Electric Supply Company announced on Friday that it would reduce the duration of load shedding in the city after the Pakistan State Oil and the Sui Southern Gas Company assured it of the required fuel supply. The KESC also announced that there would be no load shedding during Iftar and Sehar. It was decided to carry out load shedding for four and a half hours in a day in those areas where power pilferage was on the [...]