Pakistan’s petroleum consumption declines in February
KARACHI: Pakistan’s total energy sales of petroleum oil and lubricants clocked-in at 1.74 million tons in February 2017, down 15 percent compared to sales in January 2017 while sales volume…
PSO outlets across country to have ATMs
KARACHI: Pakistan State Oil (PSO) and Allied Bank Limited (ABL) have signed an agreement to facilitate deployment of ABL ATMs at PSO stations nationwide, a statement said on Thursday. Under…
Appellate Tribunal gives go ahead to PSO for acquiring shares in PRL
KARACHI: The Competition Appellate Tribunal has given a go ahead to Pakistan State Oil’s scheme of acquiring 84 million shares in Pakistan Refinery Limited (PRL), a statement issued by PSO…
SHC accords last chance to PSO in regularization case
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Muhammad Iqbal Mahar on Wednesday gave a last chance to Pakistan State Oil…
Judgment reserved in Engro Elengy Suit by SHC
KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh on Friday reserved the judgment in a suit filed by Engro Elengy Terminal (Private) Limited. The plaintiff challenged against refusal…
Tribunal dismisses PSO’s appeal
KARACHI: The Customs Appellate Tribunal (Bench II) comprising Adnan Ahmed Member (Judicial II) Karachi and Khalid Mahmood Member (Technical-I) Islamabad dismissed an appeal of Pakistan State Oil Company Limited (PSO)…
Post Clearance Audit creates Rs 36.285 million demand against PSO
KARACHI: The Directorate of Post Clearance Audit (Customs) has advised the M/s Pakistan State Oil (PSO) to submit Rs36.285 million in the national exchequer as it was short paid by…