OGDCL Discovers Significant Oil and Gas Reserves in Khyber Pakhtunkhwa, Pakistan
OGDCL announces a major oil and gas discovery at the Baragzai X-01 well in District Kohat, producing 3,100 BOPD and 8.15 MMSCFD gas, strengthening Pakistan’s energy security and hydrocarbon reserves.
UBL Becomes Pakistan’s Largest Listed Company After Strong Rally at PSX
United Bank Limited becomes Pakistan’s largest listed company as its market capitalization reaches Rs. 1.29 trillion, driven by a sharp rise in share price and strong earnings performance.
OGDCL Collects Rs7.725 Billion Sixth Installment Under Pakistan’s Circular Debt Plan
OGDCL receives Rs7.725 billion as the sixth monthly installment from Power Holding Limited under Pakistan’s circular debt settlement mechanism, marking steady progress in addressing the energy sector’s financial liabilities.
OGDCL Receives Rs. 38.65 Billion in Interest Payments Under Circular Debt Settlement Plan
OGDCL has received Rs. 38.65 billion in interest payments from PHL as part of the government’s circular debt settlement plan, marking the fifth installment in a twelve-month repayment schedule.
OGDCL Receives Rs. 7.72 Billion Fourth Interest Payment Under Government’s Circular Debt Settlement Plan
Oil & Gas Development Company Limited (OGDCL) has received Rs. 7.72 billion as the fourth interest installment from Power Holding (Private) Limited (PHL) under Pakistan’s circular debt settlement plan, marking continued progress in addressing the financial challenges within the country’s energy sector.