Byco Petroleum Gets a New Name propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
ISLAMABAD: The Oil Companies Advisory Council has rung alarm bells telling the government that the depleted condition of KPT oil piers can disrupt the import supply chain of petroleum products,.
REFINERY NEWS ROUNDUP: Mixed run rates in Asia-Pacific
The BPCL Mumbai refinery on the west coast of India is currently running at full capacity even as partial lockdown has been introduced in many parts of the western region. It recorded a 118% run rate in March compared with 116% a year ago, while the run rate for 2019-20 (April-March) was 95%, compared with 115% in 2019-20, reflecting the impact of lockdown in 2020.
However, India’s Reliance Industries Ltd. in March ran at 84% at its two refineries at the Jamnagar integrated refinery complex, down from 96% a year earlier, with overall runs still to attain pre-pandemic levels. In March, the domestic refinery ran at 101%, compared with 108% a year earlier, while the export-focused refinery ran at 69%, from 84% in the year-ago month.
Business
April 28, 2021
KARACHI: Oil and Gas Development Company Limited (OGDCL) profit declined 20 percent to Rs24.120 billion in the quarter ended March 31, 2021, translating into earnings per share (EPS) of Rs5.61, a bourse filing said on Tuesday.
The company earned Rs30.010 billion with EPS of Rs6.98 during the same period last year. The company announced third interim cash dividend at Rs1.80/share in addition to earlier interim dividends of Rs3.60/share.
OGDCL’s nine month profit in fiscal year 2020-2021 declined 20 percent to Rs66.346 billion compared to Rs83.122 billion in the same period last fiscal. The EPS in 9MFY21 was Rs15.43 compared to Rs19.33 in the same period of FY20.
2021-04-19 13:35:57 GMT2021-04-19 21:35:57(Beijing Time) Xinhua English
ISLAMABAD, April 19 (Xinhua) The key index of the Pakistan Stock Exchange (PSX) lost over 390 points on Monday as rising cases of coronavirus infections took a toll on investor sentiments.
Economic activities in the country also remained subdued amid protests by a banned religious political party, and resultantly market participants traded stocks cautiously, according to PSX experts.
Selling pressure was observed across the board, with stocks including cement, banking, and exploration and production sectors, ending in the red zone.
The PSX s benchmark KSE 100-Index declined by 0.87 percent, or 392.06 points, to close at 44,913.57 points on Monday when compared with 45,305.63 points reported on Friday.