Karachi: Pakistan State Oil Ltd (PSO), the country’s leading oil marketing company, held an analyst briefing today to present its financial results for the nine months ending in fiscal year 2025. Despite a drop in net sales, the company reported an in…
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed minor fluctuations across different tenors, with rates maintaining a narrow range. The 1-week bid and offer rates were recorded at 10.14 and 10.64, respectively, while the 1-year rates stood a…
Islamabad: Oil and Gas Development Company Limited (OGDCL) has announced a major oil and gas discovery at the Faakir-1 well in Khairpur, Sindh. The discovery is part of the company’s exploration efforts within the Bitrisim Exploration License area and…
Istanbul: Automechanika Istanbul 2025 commenced today at the TÜYAP Fair and Congress Center, presenting a significant platform for automotive parts manufacturers and buyers globally. The event, which runs until June 15, features over 1,481 exhibitors …
KARACHI: Oil and Gas Development Company Ltd (OGDC) has announced a new discovery of oil and gas at its exploratory well Fakir-1, situated in the Bitrism E.L., Khairpur, Sindh. The company, holding a 95% working interest in the project, has reported s…
Karachi: Pakistan witnessed its second-highest monthly remittance inflow in May 2025, reaching $3.7 billion, reflecting a 14 percent increase compared to the previous year. This significant rise is attributed to a seasonal influx typically seen around…