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

Karachi, May 03, 2021 (PPI-OT): 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 and CEO, PSO welcomed the honourable guest along with the company’s senior management.
Mr. Gauhar chaired a meeting wherein Chairman BoM and Read More…

PSO Enters into Strategic Partnership with PARCO and PAPCO

Karachi, May 03, 2021 (PPI-OT): Pakistan State Oil (PSO) has signed multiple infrastructural memorandums of understanding (MoUs) of strategic importance with Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO).
These MoUs are intended to safeguard Pakistan’s petroleum product supply chain and enable the economical and environment-friendly transportation of fuels. The entities will jointly develoRead More…

PSO launches e-procurement through SAP Ariba

Karachi, March 17, 2021 (PPI-OT): 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.
This key milestone in PSO’s journey of digitRead More…

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

Karachi, February 19, 2021 (PPI-OT): 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. PSO’s Board of Management (BoM) reviewed the performance of the company together with its subsidiary Pakistan Refinery Limited (PRL) for the first six moRead More…

PSO Partners with Foodpanda Pakistan to Provide Fuel Management Solution

Karachi, January 13, 2021 (PPI-OT): Pakistan State Oil (PSO) has signed a partnership agreement with the leading food delivery app Foodpanda. Through this arrangement, PSO will provide an advanced fuel management solution to Foodpanda riders with DigiCash fuel cards.
Through this unique solution powered by DigiCash, Foodpanda riders around the country will be able to monitor their fueling expenses, get discounts on PRead More…

Another first by PSO – Launch of Euro 5 Standard Diesel in Pakistan

Karachi, January 01, 2021 (PPI-OT): PSO continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The Company has recently launched its Euro 5 standard high speed diesel under the brand name “PSO Hi-Cetane Diesel Euro 5″.
The Government of Pakistan (GOP) mandated the import of Euro 5 standard Read More…

PSO reports profit after tax of PKR 5.1 billion in 1Q FY21

Karachi, October 27, 2020 (PPI-OT):Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, convened its Board of Management (BoM) meeting on October 27, 2020 to review the Company’s performance together with its subsidiary Pakistan Refinery Limited (collectively the ‘Group’) for the quarter ended September 30, 2020 (Q1FY21).
COVID-19 continues to impact people around the world. DespRead More…

PSO reports profit after tax of PKR 5.1 billion in 1Q FY21

Karachi, October 27, 2020 (PPI-OT):Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, convened its Board of Management (BoM) meeting on October 27, 2020 to review the Company’s performance together with its subsidiary Pakistan Refinery Limited (collectively the ‘Group’) for the quarter ended September 30, 2020 (Q1FY21).
COVID-19 continues to impact people around the world. DespRead More…

PSO’s 44th Annual General Meeting

Karachi, October 23, 2020 (PPI-OT):Pakistan State Oil (PSO), the nation’s leading Oil Marketing Company (OMC) convened its 44th annual general meeting on October 21, 2020 in Karachi. To ensure the health and safety of shareholders and employees in view of the coronavirus pandemic, the Company conducted the shareholders’ meeting virtually.
Mr Zafar I. Usmani, Chairman, Board of Management, PSO chaired the Read More…

Federal Minister for Energy, Mr Omar Ayub Khan and Special Assistant to the Prime Minister on Petroleum, Mr Nadeem Babar visit PSO House

Karachi, October 08, 2020 (PPI-OT): The Federal Minister for Energy (Petroleum and Power Division), Mr Omar Ayub Khan and Special Assistant to the Prime Minister (SAPM) on Petroleum, Mr Nadeem Babar accompanied by Secretary Petroleum, Mian Asad Hayaud Din visited the country’s flagship oil company, Pakistan State Oil (PSO). Chairman, PSO Board of Management, Mr Zafar I. Usmani, Chief Executive Officer and ManagRead More…