Energy

Energy stocks surge on circular debt deal hopes

The speculation of signing a circular debt deal on Tuesday pushed the stock prices of energy companies upwards. Oil and Gas Development Company Limited (OGDCL), Pakistan…

SSGC Board Faces Delays Despite Multiple Extensions

The board of directors of Sui Southern Gas Company Limited (SSGC) has been operating without a permanent, elected body since October 2022, reflecting one of the…

Did PSO get stakes in Guddu, Nandipur plants?

Aftab Ahmed PSO’s 2020 equity swap plan for Guddu, Nandipur plants never took off; circular debt still haunts Pakistan’s energy sector despite privatization moves Pakistan State…

From Perks to Production: OGDCL Management Shifts Priorities

Islamabad: The Oil & Gas Development Company Limited (OGDCL) — Pakistan’s largest state-run oil and gas explorer, has shifted its focus on optimizing oil and gas…