Petroleum Archives - Page 2 of 2

Pakistan

Seminar on ‘Future of Petroleum Engineering in Hydrocarbon Industry’

The Biz Update4 years ago03 mins

Karachi, December 20, 2019: Petroleum Institute of Pakistan (PIP) in collaboration with NED University of Engineering & Technology organized a seminar on the topic of “Future of Petroleum Engineering in Hydrocarbon Industry” on 19th December 2019 at NEDUET premises, Karachi. The seminar comprehended and addressed the future of petroleum engineering in the hydrocarbon industry of Pakistan…

Business

Byco Petroleum reports annual gross profit of Rs1.9 bln Amid Industry-Wide challenges

The Biz Update5 years ago9 months ago04 mins

Karachi, September 24, 2019: Byco Petroleum Pakistan Ltd. gross turnover increased by 17 percent from the previous year to Rs. 251 billion following an increase in oil prices and Rupee’s devaluation. Pakistan’s economic growth slowed considerably to nine-year lows of 3.3% in the previous fiscal year. The oil sector witnessed a 22% decline in consumption….