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Category: Business

VIS Reaffirms Ratings for Pakistan Cables Limited, Outlook Negative

Karachi: Pakistan Cables Limited (PCAL) has had its entity ratings reaffirmed at ‘A/A1’ (Single A/A One) by VIS Credit Rating Company Ltd. (VIS), maintaining the medium to long-term rating at ‘A’ and the short-term rating at ‘A1’. The outlook remains …

OGDCL Advances Tight Gas Exploration in Pakistan’s Indus Basin

Karachi: Oil and Gas Development Company Limited (OGDCL) is advancing its exploration of tight gas resources in Pakistan’s Indus Basin, aligning with the Government of Pakistan’s new Tight Gas Policy 2024. The company has achieved initial success with…