Karachi, April 11, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has officially rejected a request by Hascol Petroleum Limited for a 30-day extension to hold its Annual General Meeting (AGM).
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PPL Expands Barytes Project with New Agreement in Balochistan
Karachi, April 10, 2025 — Pakistan Petroleum Limited (PPL) has taken a major step forward in expanding its mining footprint in Balochistan, announcing the execution of Amendment No. 1 to the Operating Agreement for its Barytes Project.
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OGDCL Reports Fourth Gas Discovery at Waziristan Block
Karachi, April 8, 2025 — Oil and Gas Development Company Limited (OGDCL) has announced a fourth significant gas and condensate discovery in the Waziristan Block, marking a promising development for Pakistan’s energy sector.
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NRL Discovers Significant Copper-Gold Deposit in Balochistan
Karachi, April 8, 2025 — Fatima Fertilizer Company Limited has announced a major milestone in Pakistan’s mining sector: a significant discovery of copper-gold mineralization in Balochistan by its joint venture, M/s. National Resources (Private) Limited (NRL).
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Sinjhoro Well Resumes Oil, Gas Production, Says OGDCL
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.
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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.
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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.
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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.
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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.
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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.
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