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Press Release Archive

  • PSO Renews Partnership with TotalEnergies Aviation

    2022-03-30

    Pakistan's largest energy company - Pakistan State Oil (PSO), signs Fuel Supply and Technical Services Agreements with TotalEnergies Aviation (TEA) at their headquarters at La Defense Paris France. The agreements were signed by Chief Supply Chain Officer, PSO - Mr. Abdus Sami and President, TEA - Mr. Joel Navaron. Senior officials from both companies were present during the ceremony..

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  • PSO Continues to Dominate the Energy Market, Reports Profit PKR 32.2 BN in 1HFY22

    2022-02-11

    The country's largest energy company, Pakistan State Oil (PSO) continues to gain momentum and outperform the industry reporting the highest ever half year gross revenue of PKR 1.12 trillion and profit after tax of PKR 32.2 billion (1HY21: PKR 9.5 billion). The net profit translated into a healthy earning per share of PKR 68.56 vs. PKR 20.28 in 1HFY21..

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  • PSO, Pakistan Railways Sign MoU

    2022-01-24

    The country's leading energy company, Pakistan State Oil (PSO) further strengthens its strategic partnership with Pakistan Railways by signing a Memorandum of Understanding (MoU) for the supply of POL products, transportation and other businesses..

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  • PSL Signing Ceremony

    2022-01-12

    Pakistan State Oil (PSO) and Karachi Kings team up for the mega tournament Pakistan Super League (PSL) Season 7 where PSO Carient Motor Oil will be powering the team as the Titanium sponsor. The signing ceremony was held at PSO's head office in Karachi. President Karachi Kings- Mr. Wasim Akram and Captain Karachi Kings - Mr. Babar Azam were present at the ceremony along with CEO & MD PSO - Syed Taha and the company's senior management..

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  • PSO Sets All-time Records as Profits Soar in Q1FY22

    2021-10-28

    Pakistan State Oil continues to assert its dominance in the energy market as it outperforms the industry, demonstrating its resilience and strength despite the lingering impacts of the pandemic. The market leader reported an all-time high net profit after tax of PKR 11.9 billion in the first quarter of fiscal year 2021-22 (Q1FY22), a growth of 133% compared to the same period last year..

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  • PSO's 45th Annual General Meeting

    2021-10-26

    The country's most dynamic energy company, Pakistan State Oil (PSO), convened its 45th Annual General Meeting on October 26, 2021 at its head office in Karachi. In light of COVID-19 precautions, the meeting was held virtually to safeguard the health of employees and shareholders..

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  • Award for Best Corporate Practices 2019 by Management Association of Pakistan

    2021-10-21

    PSO's commitment towards leadership, governance, customer focus and social responsibility has been recognized by the Management Association of Pakistan. During the period under review, PSO won the 35th Corporate Excellence Award in the oil and gas marketing companies' category..

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  • Best Corporate and Sustainability Report Award 2019

    2020-01-21

    Pakistan State Oil (PSO), the nation's largest energy company was awarded second position in the Fuel and Energy Sector of Best Corporate and Sustainability Awards among over 110 Companies who participated from all over Pakistan, jointly held by ICAP and ICMAP..

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  • Best Corporate and Sustainability Report Award 2018

    2021-10-21

    Pakistan State Oil (PSO), the nation's largest energy company was awarded third position in the Fuel and Energy Sector of Best Corporate and Sustainability Awards jointly held by ICAP and ICMAP..

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  • Best Corporate and Sustainability Report Award 2017

    2018-10-16

    Pakistan State Oil (PSO), the nation's largest energy company was awarded third position in the Fuel and Energy Sector of Best Corporate and Sustainability Awards jointly held by ICAP and ICMAP..

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