Dossier
Pakistan State Oil (PSO)
Coverage of Pakistan State Oil (PSO) in the Nexus archive.
Petroleum Divisionorganization1Oil Marketing Companies (OMCs)organization1Oil Companies Advisory Council (OCAC)organization1Cynergico Petroleumorganization1Wafi Energyorganization1Oil and Gas Regulatory Authority (Ogra)organization1Ali Pervaiz Malikperson1Asif Iqbalperson1Amir Abbassciyperson1Zubair Shaikhperson1Oil Companies’ Advisory Council (OCAC)organization1Pak-Arab Refinery Companyorganization1Shellorganization1Total SAorganization1Chevronorganization1National Coordination and Management Council (NCMC)organization1federal cabinetorganization1
- Weekly oil pricing mechanism to stay
Pakistan's Petroleum Division assured oil firms that the weekly pricing mechanism would continue, basing future petrol and diesel prices on recent import premiums to minimize losses. Industry leaders criticized frequent policy changes for eroding profitability and deterring foreign investment, while demanding restoration of the pre-war pricing formula.
- Oil industry cries out over unilateral cut in fuel prices
The oil industry in Pakistan protests a unilateral 18–20% fuel price cut by the government, citing estimated losses of Rs105 billion for refineries and marketing companies. Industry executives warn of potential bankruptcy for several OMCs amid policy instability and the exit of foreign firms like Shell and Chevron.