Monday, November 02 2026

PSO approves commercial targets for FY27-30
Pakistan State Oil (PSO) has approved ambitious commercial targets and strategic priorities for FY2027–FY2030, focusing on strengthening its core fuel business, expanding and modernising its retail network, and developing non-fuel retail (NFR), cards and other high-margin businesses, subject to approval by the company’s Board. PSO’s Board Strategy Committee, appreciated the improvement in PSO’s market share and approved the targets and strategic pillars presented for Commercial B2C under Engine 1 – Driving the Core, covering market share, retail network expansion and modernisation, non-fuel retail, energy transition, cards and infrastructure.
Related news categories: business economic-indicators oilgas-marketing psx stock-exchanges
Related symbols: pso (news stock)

Thursday, October 29 2026

PSO board approves renewal of SPA with ARL for 5 years
The Board of Pakistan State Oil Company Limited (PSO) has approved renewal of its Sale Purchase Agreement (SPA) with Attock Refinery Limited (ARL) for five years, from July 1, 2025, to June 30, 2030, with revised supply commitments and tighter controls over petroleum product quality, temperature and quantity measurement. According to a note submitted for the Board’s decision, the third addendum to the agreement aims to ensure continuity of petroleum product supplies from ARL while strengthening PSO’s commercial safeguards and reducing the risk of disputes over product quality and delivered volumes.
Related news categories: business economic-indicators psx refinery stock-exchanges
Related symbols: atrl (news stock) pso (news stock)