A massive fire broke out in the gas pipeline of an oil refinery located in Korangi Crossing area of Karachi on late Friday ...

KARACHI: A fire erupted at an oil refinery near Korangi Crossing in Karachi on Saturday, according to fire brigade officials.

Pakistan is planning to lower electricity costs as part of a broader plan to bring relief to manufacturers and increase ...

Battered by lower revenue and high cost of sales, Pakistan Refinery Limited (PRL), a subsidiary of the Pakistan State Oil Company Limited (PSO), sustained a massive loss of Rs1.24 billion in the ...

ISLAMABAD: The country’s two major petroleum stakeholders — the Oil and Gas Regulatory Authority (Ogra) and all five oil refineries — are at loggerheads, with both sides accusing each other of failing ...

Now, in a stark turnaround, Pakistan is dealing with an oversupply of LNG. The state-run importer is asking suppliers to ...

KARACHI: The Pakistan Stock Exchange (PSX) maintained a jubilant streak throughout the week ending March 20, 2025, closing at ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

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The positive sentiment was primarily driven by encouraging economic developments. According to news reports, the IMF has ...

Pakistan, capable of initially processing 75,000 metric tons of biomass annually, marking Comstock Fuels’ fifth licensed refinery project under contract. The Lahore facility will be designed to ...