Saudi Arabia’s Asyad Holding Group has successfully secured a controlling stake in Shell Pakistan Limited. The Competition Commission of Pakistan (CCP) granted approval for this acquisition, allowing Asyad Holding to acquire a dominant 77.42 percent ownership and control of Shell Pakistan.
Karachi, April 3, 2024 – Pakistan Refinery Limited (PRL) and Air Link Communication have jointly announced their decision to withdraw their intention to acquire Shell Pakistan, citing failed negotiations with the seller.
Karachi, November 1, 2023 – Shell Petroleum Company Limited, a subsidiary of Shell plc, has reached an agreement to sell its majority interest of 77.42 percent in Shell Pakistan Limited (SPL) to Wafi Energy LLC.
Karachi, October 18, 2023 – Shell Pakistan Limited (SPL) has declared outstanding financial results for the first nine months of the year, showcasing a remarkable profit after tax of Rs 6.45 billion.
Karachi, July 3, 2023: Shell Pakistan has taken a significant step towards promoting sustainability by introducing a plastic-infused road in Karachi.
Karachi, June 14, 2023: Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has revealed its plans to divest its stake in Shell Pakistan Limited (SPL), as part of its portfolio simplification strategy.
Shell Pakistan Limited has reported a loss of Rs4.76 billion for the first quarter ending March 31, 2023, according to the financial results submitted to the Pakistan Stock Exchange (PSX) on Thursday.
KARACHI: Shell Pakistan Limited has signed ABHI, Pakistan’s first financial wellness platform, as its first official customer for the launch of its new voluntary carbon compensation program, according to a statement issued on Thursday. This program provides an avenue for all ABHI employees who are using Shell Fuel Cards to offset hard-to-abate carbon emissions from […]
KARACHI: Shell Pakistan Limited on Wednesday announced Rs7.47 billion as after tax profit for the half year ended June 30, 2022. The Board of Directors of Shell Pakistan Limited (SPL) approved the company’s half year results on August 17, 2022. The Company posted a profit after tax of Rs7.47 billion compared to the profit of […]
KARACHI: Shell Pakistan Limited on Wednesday announced to discontinue its aviation operations across the country. In a communication submitted to Pakistan Stock Exchange (PSX), the company said that a meeting of board of directors held on August 17, 2022, had taken the decision to discontinue Shell Pakistan Limited (SPL) aviation operations across Pakistan. Presently, SPL […]