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Pakistan State Oil Company Limited is a Pakistani petroleum public company involved in procurement, storage, marketing and distribution of petroleum and related products. [3] [4] It has a network of 3,689 petroleum filling stations, out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers.
Later, post-colonial Pakistan had used coal to fuel its industry from independence to the discovery of the Baluchistan's Sui gas field in 1952 and the Toot oilfield in 1964. Environmentalists are now concerned that Pakistan has recently discovered one low and four low to medium-quality coal seams in the Punjab and plans to re-fuel its ...
From 2002 to 2009, Esso sponsored Toyota F1, as well as Jordan and its successor, Midland in 2005 and 2006, after Esso became ExxonMobil's global primary fuel brand through the merger of Exxon with Mobil in 1999. Williams F1 had one season of Esso sponsorship in 2009 when Petrobras left F1 in 2008 before they returned in 2014.
Attock Petroleum started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018. [5] [2]In 2005, Attock was listed on the Karachi Stock Exchange, following an initial public offering at a strike price of PKR 57.75.
Subsequently, it was listed on the Karachi Stock Exchange with the shareholding pattern of 75 percent owned by Esso and 25 percent by the general public. [4] A urea plant with a production capacity of 173,000 tons was constructed at the cost of US$43 million. The plant was commissioned in Daharki in 1966 and production began in 1968. [3]
Upon completion of the acquisition of Puma Energy, Cnergyico will become the largest fuel retailer of Pakistan in the private sector with a retail network of approximately 1,000 petrol pumps. [19] Whereas the State-owned Pakistan State Oil Co. has 3,500 petrol pumps, Total Parco Pakistan Ltd. has 800 petrol pumps and Shell Pakistan Ltd . has ...
Clifton is emerging as another Central Business District of Karachi along with Saddar Town the main Central Business District of Karachi. Today it headquarters the corporate office of Pakistan's largest energy company, Pakistan State Oil (PSO) [12] as well several other large local and foreign companies such as Nestlé Pakistan Limited, [13] Dolmen Group [14] and Muller and Phipps [15] among ...
Hascol Petroleum was founded in 2001 and offered initial public offering in 2007. [3] In 2005, it received oil marketing license from the government. [4]In 2014, Hascol was listed on the Karachi Stock Exchange. [4]