AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: Wafi Energy Pakistan Limited (WEPL) is considering venturing into the oil marketing sector, even as the firm reported a slightly lower profit after tax of PKR 1.28 billion for the first half of 2025 compared to PKR 1.32 billion during the same period last year. The board has given preliminary approval to the management to evaluate potential investment and acquisition prospects in the sector.
The organization attributed its sustained earnings to the steady oil and gas sector, which helped control the nation’s import expenses. WEPL’s performance was bolstered by consistent motor fuel sales and increased demand for high-grade fuels and lubricants.
The Shell-branded lubricants segment witnessed sales growth, driven by the agricultural season in the consumer market and collaborations with automakers like Atlas Honda, Hyundai, and Suzuki in the industrial sector. Supplies to Reko Diq and a contract with Sindh Engro further propelled expansion in the mining division. A major industry gathering highlighted Shell’s technological advancements, while the supply network secured cost-effective base oil procurement.
WEPL’s retail operations expanded with the addition of 12 new fuel stations, 6 convenience stores, and upgrades to existing locations. Digital advancements were implemented to improve customer service and employee interaction.
The corporation also unveiled its 2025 Sustainability Report, detailing its endeavors in education, renewable energy, gender parity, and environmental protection. Through the Tameer Trust, 400 young people participated in entrepreneurial programs, generating 95 new business concepts. Community projects included road safety awareness and Access to Clean Energy initiatives, providing solar solutions to over 5,000 people in rural areas. The company also marked Safety Day nationally, emphasizing its dedication to employee well-being.
WEPL reaffirmed its focus on operational effectiveness, safety, financial stability, and social responsibility.