Tag: PSO
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Fuel Supply Boost: 55,000 Tons of Mogas Headed for Port Qasim
Key Developments: A 55,000-metric-ton Mogas shipment is scheduled to arrive at Port Qasim to strengthen fuel availability. An existing tanker has already discharged 32,000 tons of gasoline, ensuring continuity in domestic supply. Continued fuel arrivals come amid regional shipping disruptions linked to Middle East tensions affecting global oil routes. Karachi (Profit) — March 30, 2026:…
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PSO, Shell to Remain Open as PPDA Calls Nationwide Strike
The Pakistan Petroleum Dealers Association (PPDA) has called a countrywide strike on November 25, 2021 (tomorrow) by cutting off fuel supplies against “low profit margin”. According to the details, a spokesperson for the association has said that all petrol pumps across the country will remain closed on Thursday, November 25, 2021 to protest selling fuel…
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PSO announces financial results
Lahore: In a fast changing, pandemic, lockdown world, Pakistan State Oil (PSO) beat all odds. A record breaking performance that demonstrates PSOs resilience and strength as it continues to transform and evolve into an agile organization. PSO announced a record breaking gross revenue of PKR 1.4 trillion and highest ever profit after tax of PKR 29.1…
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Federal Minister issues orders to investigate billions of corruption
Lahore, 4th November: Federal Minister for Petroleum and Power Division Omar Ayub Khan has directed Secretary Power to investigate the corruption of Rs 80 billion. Baaghi TV: The corruption was made in the funds of Nandipur Power Plant during the rule of the Muslim League which has been misused. Omar Ayub ordered to point out…
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Petrol prices to remain fixed
Lahore, 26th August: The government has decided to fix the prices of petroleum products for 15 days. According to the report of Baaghi TV, the government has decided to fix the prices of petroleum products for 15 days from September 1. The Petroleum Division has issued guidelines to OGRA, Oil Companies Advisory Council. Petrol and…
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PSO launches Euro 5 standard fuel in Pakistan
Islamabad August 18 (Online Int’l): Pakistan State Oil (PSO) has introduced Euro 5 standard fuel in Pakistan. PSO’s Hi-Octane 97 Euro 5 was launched at a grand ceremony held at PSO Service Station-2, in Islamabad on Tuesday. Minister for Energy Omar Ayub Khan and Special Assistant to the Prime Minister on Petroleum, Nadeem Babar inaugurated…
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Former PM Shahid Khaqan Abbasi indicted
Lahore, 5th August 2020: The accountability court has indicted the former prime minister Shahid Khaqan Abbasi and others. According to reports of Baaghi TV, during the hearing of the case related to illegal recruitment in PSO in Karachi Accountability Court, the court has indicted the accused including the former Prime Minister. The accused pleaded not…
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Worst load shedding in Karachi: Citizens are suffering terribly
Accroding to the reports, the citizens of Karachi are suffering due to non-supply of electricity by K Electric in the scorching heat. K Electric is still holding on to its stubbornness. According to details, unannounced load shedding is still going on in Shahar-e-Qaid, 8 hours load shedding is being carried out in residential areas and…
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Pakistan Oil Refineries on verge of closure
Islamabad,8th April: With the pandemic fear and a sugar and wheat crisis in the country, there is an emerging fear of oil crisis in Pakistan too. According to reports of Baaghi TV, the oil marketing companies are now reluctant to buy stocks, and refineries are about to reach closure. Demand for action against oil marketing…
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Non bailable arrest warrants of Shahid Khaqan issued
ISLAMABAD, Mar 27 (APP): The Accountability Court, Karachi has issued non-bailable arrest warrants (NBWs) of former Prime Minister Shahid Khaqan Abbasi former Secretary Petroleum Arshad Mirza in illegal appointment case of former Managing Director Pakistan State Oil (PSO) Sheikh Imran ul Haq. According to the NAB press release, the court also issued notices to Shaikh…