Karachi, April 3, 2025 – Oil and Gas Development Company Limited (OGDCL) has successfully revived oil and gas production from the Chak #2-2 Well, located in the Sinjhoro Block in Sanghar District, Sindh.
(more…)Category: Corporate
-
Mari Energies Announces 3rd Major Gas Discovery at Waziristan
Karachi, April 3, 2025 – Mari Energies Limited has announced its third significant discovery of condensate and gas at the Spinwam-1 Well in the Waziristan Block.
(more…) -
Philip Morris Pakistan Reports 77.5% Surge in Turnover for CY24
Karachi, April 3, 2025 – Philip Morris (Pakistan) Limited has reported an exceptional 77.5% increase in turnover for the fiscal year ending December 31, 2024.
(more…) -
Philip Morris (Pakistan) Sees 32% Drop in CY24 Profit
Karachi, March 27, 2025 – Philip Morris (Pakistan) Limited (PMPK) has reported a significant 32% decline in its annual profit after tax for the financial year ending December 31, 2024.
(more…) -
Nestlé Pakistan Attributes CY24 Revenue Decline to Higher GST
Karachi, March 26, 2025 – Nestlé Pakistan has attributed its revenue decline for the calendar year 2024 to the higher rate of General Sales Tax (GST). The company cited the increased tax burden as a key factor impacting its financial performance.
(more…) -
Kirthar JV Announces New Gas Discovery in Dadu, Sindh
Karachi, March 25, 2025 – In a significant development for Pakistan’s energy sector, the Pakistan Petroleum Limited (PPL) partner-operated Kirthar Joint Venture (Kirthar JV) has announced a new gas discovery in the Kirthar Block, situated in District Dadu, Sindh Province.
(more…) -
OGDCL Shares Major Updates on Reko Diq Gold Project
Karachi, March 25, 2025 – The Oil and Gas Development Company Limited (OGDCL) has provided a significant update on the progress of the Reko Diq gold and copper project, a major mining initiative in Pakistan.
(more…) -
GlaxoSmithKline Reports Record-Breaking 1124% PAT Surge
Karachi, March 24, 2025 – GlaxoSmithKline Pakistan Limited has announced an extraordinary surge in its profit after tax (PAT), registering a staggering 1124% increase for the year ending December 31, 2024.
(more…) -
OGDCL Discovers Gas, Condensate at Soghri Well in Attock
Karachi, March 17, 2025 – Oil and Gas Development Company Limited (OGDCL) has made a significant gas and condensate discovery at the Soghri North-1 well in the Soghri Block, located in Attock District, Punjab.
(more…) -
Mari Confirms Second Discovery in Spinwam-1 Well
Karachi, March 17, 2025 – Mari Energies Limited has announced its second significant gas and condensate discovery at the Spinwam-1 well in the Waziristan Block, reinforcing its commitment to Pakistan’s energy sector.
(more…)