PPL Announces Commissioning of Faiz X-1 Deep Well
Pakistan Petroleum Limited (PPL) has announced the successful commissioning of the Faiz X-1 Deep (Basal Sand) well located in the Gambat South Block.
Continue Reading
Tag: Pakistan Petroleum Limited
Pakistan Petroleum clarifies project in Sirani Block, denies artificial island reports
Karachi, November 20, 2025 – Pakistan Petroleum Limited (PPL) has addressed recent media reports suggesting the company is reclaiming land from the sea to construct an artificial island. In a statement to the Pakistan Stock Exchange (PSX) on Thursday, PPL emphasized that such reports are misleading and do not accurately reflect the technical scope and […]
Continue Reading
Pakistan Petroleum Discovers Oil and Gas in Punjab
Karachi, September 4, 2025 – In a significant development for the country’s energy sector, Pakistan Petroleum Limited (PPL) has announced a new discovery of oil and gas reserves in the Attock District of Punjab.
Continue Reading
PPL Commences Gas Production from Jamshoro Discovery
Karachi, January 10, 2025 – Pakistan Petroleum Limited (PPL) has announced the commencement of gas production from its exploratory discovery in District Jamshoro, Sindh Province. This milestone marks a significant contribution to Pakistan’s energy sector amidst the ongoing energy crisis.
Continue Reading
PPL Announces Settlement with Midland Oil Company in Iraq
Karachi, January 6, 2025 – Pakistan Petroleum Limited (PPL) has officially announced the successful settlement with Midland Oil Company (MdOC) regarding Block-8 in Iraq, marking a key achievement in the company’s international operations. This announcement was made through a communication sent to the Pakistan Stock Exchange (PSX) on Monday.
Continue Reading
PPL Commissions Exploratory Well to Address Energy Crisis
Karachi, December 27, 2024 – Pakistan Petroleum Limited (PPL) has successfully commissioned an exploratory well in Sindh, a development poised to alleviate the country’s gas supply gap amid the prevailing energy crisis.
Continue Reading
PPL Unveils Significant Gas, Condensate Find in Sindh
Karachi, November 15, 2024 – Pakistan Petroleum Limited (PPL), a leading oil and gas exploration company, has announced a significant hydrocarbon discovery from its Pateji X-1 well in the Shah Bandar block, located in Sujawal district, Sindh.
Continue Reading
PPL Reports 24% Drop in Quarterly Profit Amid Rising Costs
Pakistan Petroleum Limited (PPL) has reported a significant 24% decrease in its profit after tax (PAT) for the quarter ending September 30, 2024. PPL’s PAT fell to Rs22.69 billion, compared to Rs29.76 billion during the same period last year, as the company contends with reduced sales and increased operational expenses.
Continue Reading
PPL Commences Oil and Gas Production from Adhi South-9
Karachi, October 14, 2024 – Pakistan Petroleum Limited (PPL) has successfully commenced oil and gas production from its new development well, Adhi South-9, located within the Adhi Mining Lease. This marks a significant step in the company’s ongoing efforts to boost the country’s domestic oil and gas output.
Continue Reading
PPL Reaches Momentous Settlement with Iraqi Oil Company
Karachi, October 7, 2024 – Pakistan Petroleum Limited (PPL) has disclosed the successful conclusion of a long-standing contractual matter with Midland Oil Company (MdOC) of Iraq, culminating in a strategic settlement agreement concerning Block-8 in Iraq.
Continue Reading