Latest
Pakistan Petroleum

Pakistan Petroleum Reports 1QFY25 Results: Strong Recovery Amid Challenges

KARACHI, October 29 2024: Pakistan Petroleum Limited (PPL) announced its financial results for the first quarter of FY25 today, revealing a mixed performance characterized by a notable rebound from the previous quarter. The company reported earnings of Rs23.6 billion, resulting in an earnings per share (EPS) of Rs8.67. While this represents a 20% decline year-on-year,…

Read More

PPL Industrial Home inaugurated, fuel-efficient stoves distributed in Kalat

Karachi, December 18, 2019: The Pakistan Petroleum Limited-Behbud Industrial Home (PPL-BIH) was inaugurated on December 17. The project aims to increase livelihood generation potential of local women residing near the company’s Adhi Field in Mastala, Tehsil Gujjar Khan, District Rawalpindi, Punjab.  Manager, Adhi Field PPL Shaheen Parwez Akhtar inaugurated the facility along with Behbood Association of…

Read More

Offshore Drilling: A Bet on Wildcat (G-Block) – A Grand or A Gaffe?

Karachi January 15, 2019: Pakistan Exploration & Production (E&Ps) companies along with international partners have ventured into offshore territory of underexplored but promising Indus G-Block for a deep-sea drilling endeavor. The operator of the block, ENI (an Italian company working in Pakistan’s upstream sector since 2000) has chartered Saipem 12000 rig/ship to drill the exploration…

Read More

PPL makes another Gas discovery in Sindh

KARACHI, December 6, 2018: Pakistan Petroleum Limited (PPL) the Operator of the Block 2467-16 (Shah Bandar) EL with 63percenet working interest (WI) along with its Joint Venture Partners Mari Petroleum Company Limited (MPCL) with 32% WI, while Sindh Energy Holding Company Limited (SEHCL) and Government Holdings Private Limited (GHPL) with 2.5% WI each, has made…

Read More