KARACHI: A trial judge has refused confirmation of bail application of Aqeel Ahmed Khan, CEO of Hascol Petroleum Limited, according to a communication issued on Tuesday.
KARACHI: Hascol Petroleum Limited on Wednesday announced a rehabilitation plan for the company through settlement of liabilities. In a communication sent to Pakistan Stock Exchange (PSX), Hascol Petroleum said that the Board of Directors of the company, in its meeting held on August 23, 2022, approved the plan for rehabilitation of the company through restructuring […]
ISLAMABAD: Leading Oil Marketing Companies (OMCs) have announced to open their outlets across the country on November 25, 2021, in order to ensure facilitating consumers. A shutdown strike has been called by the Petroleum Dealers Association on November 25, 2021. Gas & Oil Pakistan Company Limited (GO), with the largest retail outlet network of 1,000 […]
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) took notice of HASCOL’s reported accounts for the period ending June 30, 2019 in October 2019, according to a statement issued on Tuesday. In this regard, the SECP has diligently followed its requisite internal protocols in compliance with its mandated role and responsibility. However, being the […]
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Monday excluded M/s. Hascol Petroleum from the list of eligible securities after the stock exchange placed the oil company into defaulter segment. The NCCPL said that this is with reference to Pakistan Stock Exchange Notice No. PSX/N-781 dated: June 25, 2021, regarding placement of M/s. Hascol […]
KARACHI: Oil and Gas Regulatory Authority (OGRA) has imposed a penalty of Rs10 million and suspended the marketing license of the company for Khyber Pakhtunkhwa. Hascol Petroleum Limited in a communication sent to Pakistan Stock Exchange (PSX) on Thursday informed that Ogra had communicated its order dated October 20, 2020 in respect of suspension of […]
KARACHI: The Oil and Gas Regulatory Authority (OGRA) has granted license to Hascol Lubricants (Private) Limited to start commercial operations of the lube oil blending plant located at Port Qasim Authority, company official said on Wednesday. Hascol Lubricants (Private) Limited is the wholly owned subsidiary of Hascol Petroleum Limited. The company said that the blending […]
KARACHI: Vitol Dubai Limited (VDL) has agreed to provide financial facility of $42 million to Hascol Petroleum Limited, an announcement said on Monday. The announcement informed Pakistan Stock Exchange (PSX) that Hascol Petroleum Limited and Vitol Dubai Limited, a major shareholder of Hascol, had entered into financial arrangement whereby VDL had agreed to provide facilities […]