اردو

Press Release Archive

  • PSO Sets All-time Records as Profits Soar in Q1FY22

    2021-10-28

    Pakistan State Oil continues to assert its dominance in the energy market as it outperforms the industry, demonstrating its resilience and strength despite the lingering impacts of the pandemic. The market leader reported an all-time high net profit after tax of PKR 11.9 billion in the first quarter of fiscal year 2021-22 (Q1FY22), a growth of 133% compared to the same period last year..

    Read more

  • PSO's 45th Annual General Meeting

    2021-10-26

    The country's most dynamic energy company, Pakistan State Oil (PSO), convened its 45th Annual General Meeting on October 26, 2021 at its head office in Karachi. In light of COVID-19 precautions, the meeting was held virtually to safeguard the health of employees and shareholders..

    Read more

  • Secretary Petroleum visits PSO House

    2021-09-13

    Dr. Arshad Mahmood, Secretary for Ministry of Energy (Petroleum Division) visited PSO's head office in Karachi today..

    Read more

  • PSO Announces Historic Financial Results - Performing While Transforming

    2021-08-24

    August 24, 2021: 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 billion for the financial year 2020-21 (FY21) after a loss after tax of PKR 6.5 billion in the preceding year. The net profit translated into a healthy earning per share of PKR 62.07 vs. loss per share of PKR 13.77 in FY20..

    Read more

  • Another step towards a Digital Pakistan - PSO Launches Digitally Integrated Oil Terminal

    2021-05-08

    The nation's most progressive energy company, Pakistan State Oil (PSO), has once again taken the lead in digitizing its petroleum product supply chain. Special Assistant to Prime Minister for Power & Petroleum, Mr. Tabish Gauhar inaugurated Pakistan's first digitally integrated oil storage and dispatch terminal at PSO's Keamari Terminal A (KTA) accompanied by Managing Director & CEO PSO - Syed Muhammad Taha. Senior company officials and the project team was also present during the ceremony. .

    Read more

  • PSO enters into strategic partnership with PARCO and PAPCO

    2021-05-02

    Pakistan State Oil (PSO) has signed multiple infrastructural MoUs of strategic importance with Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO) which aim to safeguard the country's petroleum product supply chain and enable economical and environment friendly transportation of fuel..

    Read more

  • Special Assistant to the Prime Minister (SAPM) on Petroleum and Power, Mr. Tabish Gauhar visited PSO

    2021-05-01

    Special Assistant to the Prime Minister (SAPM) on Petroleum and Power, Mr. Tabish Gauhar visited PSO's head office in Karachi. Mr. Zafar I. Usmani - Chairman, Board of Management (BoM) PSO and Syed Taha - Managing Director & CEO, PSO welcomed the honorable guest along with the company's senior management..

    Read more

  • PSO REPORTS STAGGERING PROFITS FOR 9MFY21

    2021-04-29

    Pakistan State Oil (PSO) continues to outperform the energy market earning a net profit after tax of PKR 18.2 billion during the nine month period for the financial year 2020-21 (9MFY21) despite the challenges posed by the pandemic which demonstrates the company's resilience and dependability. PSO's Board of Management (BoM) reviewed the performance of the company together with its subsidiary Pakistan Refinery Limited (PRL) during the meeting held at PSO House, Karachi on April 29, 2021..

    Read more

  • PSO LAUNCHES E-PROCUREMENT THROUGH SAP ARIBA

    2021-03-19

    Karachi - March 16, 2021: The nation's most progressive energy company - Pakistan State Oil (PSO) has once again taken the lead by launching e-procurement through SAP Ariba. The new e-procurement solution will significantly enhance the company's strategic and operational capabilities and provide a level playing field to a large pool of suppliers while also increasing efficiency and reducing turnaround time..

    Read more

  • PSO dominates energy market, reports a profit after tax of PKR 9.5 billion in 1H FY21

    2021-02-19

    February 18, 2021: During the first half of fiscal year 2020-21 Pakistan State Oil (PSO) earned a net profit after tax of PKR 9.5 billion, an increase of 48 % compared to the same period last year despite the challenges posed by the pandemic..

    Read more


Quick Links