PSO faces financial crisis as receivables soar to PKR 800 billion

Pakistan State Oil (PSO) is confronting a severe financial crisis, with total receivables reaching PKR 800 billion....

Pakistan State Oil assures continuous fuel supply amid strike

The supply chain would be fully operational, the PSO said, adding that petrol pumps will remain stocked despite the...

Pak: Oil tanker owners halt fuel supply, demand fair treatment

The Association announced on Monday that fuel supply would remain suspended from Tuesday, citing what they deemed as...

7,000 Pakistan International Airlines employees not paid salaries

The employees of Pakistan International Airlines (PIA) have been affected due to the ongoing financial upheaval...

Pakistan International Airlines on verge of shutdown

PIA is facing its worst crisis in history as Pakistan State Oil (PSO) has cut its fuel supply over unpaid dues. The...

Pakistan International Airlines cancels flights

Pakistan International Airline (PIA) flights have been severely affected as Pakistan State Oil (PSO) stopped fuel...

Pakistan International Airlines releases funds for fuel supply

PIA disbursed the fuel payment worth PKR 220 million to the PSO for Saturday and Sunday. The fuel payment issue...

Pakistan inks deals with Chinese firm for Saudi oil refinery

Pakistan State Oil, Oil and Gas Development Co., Pakistan Petroleum Ltd., and Government Holdings Private Ltd....

PKR 30 bn taxes to be imposed to save PSO from default

Islamabad [Pakistan], August 1 (ANI): Pakistan has decided to impose additional taxes totalling Pakistan Rs (PKR) 30...

LNG company moves international court against Pakistan State Oil

Islamabad [Pakistan], January 21 (ANI): A case has been filed in the international court against the Pakistan State...