PPL AGM approves 10 percent cash dividend

Karachi: The 69th Annual General Meeting of Pakistan Petroleum Limited (PPL) was held on October 26 at Pearl Continental Hotel, Karachi. Members approved financial statements for the fiscal year ended June 30, 2020 together with the auditor’s report. Final cash dividend of 10 percent on ordinary and convertible preference shares… Continue reading

PPL: A rich legacy rejuvenated

Karachi: Pakistan Petroleum Limited (PPL), a frontline Exploration and Production (E&P) company for seven decades, has played a key role in providing energy for the country with a current contribution of more than 20 percent to national gas supplies. “The company’s over a 100-year rich history is linked with its… Continue reading

PPL achieves milestone in frontier exploration

Karachi: Due to a decline in easy and big hydrocarbon finds in the country’s known basins, Pakistan Petroleum Limited (PPL) has taken up the challenge to venture into risk prone yet prospective frontier areas to increase its hydrocarbon reserve base and open up new plays for exploration. As a result,… Continue reading

PPL holds eye camps in Sindh

KARACHI: In pursuit of the provision of quality healthcare to local communities, free-of-cost surgical eye camps were organized recently in districts Kambar-Shahdadkot and Sanghar, Sindh, home to Pakistan Petroleum Limited (PPL)’s Mazarani Gas Field, Gambat South and Hala blocks. Al-Shifa Trust Eye Hospital was the implementing partner. Annual surgical eye… Continue reading

PPL supports SIUT and the Kidney Centre

Karachi: Pakistan Petroleum Limited (PPL) donated Rs. 10 million to Sindh Institute of Urology and Transplantation (SIUT) and Rs. 5 million to The Kidney Centre (TKC) for provision of quality healthcare to deserving populations as part of its long-term and diverse Corporate Social Responsibility Programme. MD and CEO PPL Moin… Continue reading

PPL supports healthcare initiatives in Sindh and Punjab

Karachi: Pakistan Petroleum Limited (PPL), as part of its Corporate Social Responsibility programme, provided financial support to the tune of Rs. 8.245 million for provision of quality healthcare for disadvantaged communities residing around its operated Kandhkot and Adhi fields in Sindh and Punjab, respectively. Actg Chief Community Development Kamran Sher… Continue reading

PPL-funded eye camp held at Kandhkot

KARACHI: As an ongoing feature of Pakistan Petroleum Limited’s (PPL) Corporate Social Responsibility (CSR) programme, a three-day free-of-cost surgical eye camp concluded on January 22 at Taluka Headquarters Hospital, Kandhkot in District Kashmore, Sindh near PPL-operated Kandhkot Gas Field. Al-Shifa Trust Eye Hospital was the implementing partner. The camp, which… Continue reading

PPL discovers gas in Balochistan

KARACHI: Pakistan Petroleum Limited (PPL) the operator of Margand Block (2866-4) with 100 percent working interest has made a hydrocarbons discovery from its 1st exploratory well Margand X-1 in the block. It is located in District Kalat, Balochistan Province. Margand X-1 was spud on 30 June 2019 and reached a… Continue reading

PPL clinches top award for corporate philanthropy

ISLAMABAD: Pakistan Petroleum Limited (PPL) once again bagged the top slot for corporate philanthropy as declared by the Pakistan Centre for Philanthropy (PCP) based on their prestigious annual corporate philanthropy survey for 2018. This is the 15th consecutive year in which the company clinched the award for highest volume of… Continue reading

PPL AGM approves 20 percent cash dividend

Karachi: The 68th Annual General Meeting of Pakistan Petroleum Limited (PPL) was held on October 28 at Pearl Continental Hotel, Karachi. Members approved financial statements for the fiscal year ended June 30, 2019 together with the auditor’s report. Final cash dividend of 20 percent on ordinary and convertible preference shares… Continue reading