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.
(more…)Category: Corporate
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		 NRL Discovers Significant Copper-Gold Deposit in BalochistanKarachi, 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). (more…)
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		 Sinjhoro Well Resumes Oil, Gas Production, Says OGDCLKarachi, 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…)
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		 Mari Energies Announces 3rd Major Gas Discovery at WaziristanKarachi, 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…)
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		 Philip Morris Pakistan Reports 77.5% Surge in Turnover for CY24Karachi, 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…)
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		 Philip Morris (Pakistan) Sees 32% Drop in CY24 ProfitKarachi, 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…)
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		 Nestlé Pakistan Attributes CY24 Revenue Decline to Higher GSTKarachi, 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…)
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		 Kirthar JV Announces New Gas Discovery in Dadu, SindhKarachi, 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…)
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		 OGDCL Shares Major Updates on Reko Diq Gold ProjectKarachi, 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…)
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		 GlaxoSmithKline Reports Record-Breaking 1124% PAT SurgeKarachi, 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…)