HASCOL obtains stay order against OGRA's decision

News Image

MG News | October 28, 2020 at 03:27 PM GMT+05:00

0:00

October 28, 2020 (MLN): Hascol Petroleum Limited (HASCOL)’s marketing activities have been restored in the KPK region as the company has obtained a stay order from the Sindh High Court against a decision of the Oil and Gas Regulatory Authority (OGRA), which had suspended the marketing license of the company for Khyber Pakhtunkhwa.

According to the notice issued to PSX, last week, the Company filed a Review Petition to OGRA, and also earlier this week, the Company has challenged the impugned decision dated 20.10.2020 passed by OGRA before the Hon'ble High Court of Sindh, the company reported that the Hon'ble Court has passed a stay order dated 27.10.2020 ("Stay Order-) against OGRA restraining it from taking any coercive action in pursuance of the impugned decision dated 20.10.2020.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 136,502.54
259.91M
1.64%
2202.77
ALLSHR 85,079.90
838.35M
1.26%
1061.74
KSE30 41,552.62
97.27M
1.81%
738.33
KMI30 193,330.76
84.69M
0.39%
741.60
KMIALLSHR 56,315.31
366.02M
0.43%
243.06
BKTi 38,498.08
37.91M
4.13%
1526.33
OGTi 28,138.38
5.66M
-0.36%
-101.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 120,570.00 123,615.00
118,675.00
2040.00
1.72%
BRENT CRUDE 69.11 71.53
69.05
-1.25
-1.78%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 106.50 106.60
106.50
-2.20
-2.02%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.83 69.65
66.80
-1.62
-2.37%
SUGAR #11 WORLD 16.31 16.67
16.27
-0.26
-1.57%

Chart of the Day


Latest News
July 14, 2025 at 05:26 PM GMT+05:00

Gold price in Pakistan rises Rs1,600 per tola


July 14, 2025 at 04:59 PM GMT+05:00

Tax reforms focus on public ease, transparency


July 14, 2025 at 04:23 PM GMT+05:00

PSX Closing Bell: Another One Bites the High


July 14, 2025 at 04:06 PM GMT+05:00

PKR falls 25 paisa per USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg