HASCOL convenes overdue AGM, submits financials

Hascol Petroleum Limited (PSX: HASCOL) has now convened its overdue Annual General Meeting (AGM) and transmitted its Annual Audited Financial Statements

Hascol cuts annual losses by 37% in 2024

Hascol Petroleum Limited (PSX: HASCOL) reported a 37.1% year-on-year (YoY) reduction in losses for the year ended December 31, 2024...

HASCOL suffers Rs2.5bn loss in Q1FY25

Hascol Petroleum Limited (PSX: HASCOL) recorded a decrease of 9.5% YoY in its quarterly losses, clocking in at Rs2.48 billion [LPS: Rs2.48]...

HASCOL, SLL to shift from defaulters' to winding-up segment

Hascol Petroleum Limited (HASCOL) and SME Leasing Limited (SLL), currently listed in the Defaulters' Segment, will soon be moved to the Non-Compliant...

Hascol Petroleum incurs Rs17.8bn loss in 2023

Hascol Petroleum Limited (PSX: HASCOL) recorded an increase of 23.4% YoY in its losses in 2024, incurring a loss after tax at Rs17.81 billion [LPS: Rs17.83]...

Millat Global Holdings withdraws PAI for Hascol's acquisition

Arif Habib Limited (PSX: AHCL) has withdrawn the Public Announcement of Intention (PAI) for Millat Global Holdings Limited to acquire at least 76%...

Oil sales drop 6% YoY to 1.10 MTs in April 2024

The sales of oil marketing companies (OMCs) dropped by 6% YoY to clock in at 1.10 million tonnes (MTs) in April 2024 compared to 1.17 MTs....

Hascol board accepts Millat Global's offer for negotiations

The Board of Directors of Hascol Petroleum Limited (HASCOL) has conditionally accepted Millat Global Holdings Limited's offer for moving ahead with....

Oil sales rise 3% MoM to 1.15 MTs in March 2024

The sales of oil marketing companies (OMCs) increased by 3% MoM to clock in at 1.15 million tonnes (MTs) in March 2024 compared to 1.12 MTs in....

Oil sales drop 19% MoM to 1.12 MTs in February

The sales of oil marketing companies (OMCs) dropped by 19% MoM to clock in at 1.12 million tonnes (MTs) in February 2024 compared to 1.38 MTs in...

Taj Gasoline extends offer period to acquire at least 41% control of Hascol by 49 days

Taj Gasoline (Private) Limited has extended the time period for its offer to acquire 41% voting shares and control of Hascol Petroleum...

Hascol suffers Rs13bn loss in 9MCY23

Hascol Petroleum Limited (PSX: HASCOL) reported its financial results for the nine months of 2023, wherein the loss after tax clocked in at Rs13.1 billion...

Oil sales plunge by 34% YoY to 1.01 MTs in September

The sales of oil marketing companies (OMCs) plummeted by 34% YoY to clock in at 1.01 million tonnes (MTs) in....

Oil sales down 8% YoY in August, up 4% MoM

 The sales of oil marketing companies (OMCs) decreased by 8% YoY and rose 4% MoM to clock in at 1.41 million tonnes (MTs) in August 2023 compared to 1.53....

HASCOL expects to conclude debt restructuring in next few months

HASCOL’s corporate revival plan, based primarily on the restructuring of its bank debt is on track and it is expected that the company will be able to....

Hascol posts Rs14.5bn loss in 2022, up by 91.52% YoY

Hascol Petroleum Limited (PSX: HASCOL) experienced a significant rise of 91.52% YoY in its losses, incurring a substantial loss after tax of Rs14.5bn in 2022...

Oil sales plummets by 31% YoY in June

The sales of oil marketing companies (OMCs) decreased by 31% YoY and rose 4% MoM to clock in at 1.34 million tonnes (MTs) in June 2023 compared to 1.94 MTs....

HASCOL denies PAC's property, account freeze allegations

 Hascol Petroleum Limited (PSX: HASCOL) has termed a news report which was published on media dated April 20, 2023...

HASCOL to raise equity for company restructuring

The board of HASCOL Petroleum Limited has received feedback from its financial advisor on the various equity-raising options for the restructuring of the compan

Hascol board approves restructuring, settlement arrangement scheme

Hascol board approves restructuring, settlement arrangement scheme

Hascol board approves restructuring, settlement arrangement scheme

Hascol board approves restructuring, settlement arrangement scheme

HASCOL’s Rehabilitation Plan approved: PSX

HASCOL’s Rehabilitation Plan approved: PSX

Hascol posts positive EBITDA of Rs1.35bn in CY21

Hascol posts positive EBITDA of Rs1.35bn in CY21

OMCs’ sales up by 16% in FY22

OMCs’ sales by 16% in FY22

FIA supports banks entering into Hascol’s debt restructuring

FIA supports banks entering into Hascol’s debt restructuring

Hascol fully cooperating with FIA

Hascol fully cooperating with FIA

FIA nabs Hascol’s founder in Rs54bn scam

FIA nabs Hascol’s founder in Rs54 bn scam

Parker Russel appointed to investigate Hascol’s fraud

Parker Russel appointed to investigate Hascol’s fraud

Hascol's net losses shrink by 90% in 1QCY21

Hascol's net losses shrink by 90% in 1QCY21

OMCs sales surged by 19.5% to 20.8MTs in CY21

OMCs sales surged by 19.5% to 20.8MTs in CY21

HASCOL to conclude debt restructuring agreement: Chairman

HASCOL to conclude restructuring debt agreement with banks: Chairman

Hascol plans to settle Rs54.5bn debt

Hascol plans to settle Rs54.5bn debt

HASCOL’ net losses shrink by 28% YoY in CY20

HASCOL’ net losses shrink by 28% YoY in CY20

OMCs: POL sales surged to 1.99MTs in Oct'21, highest after March'18

OMCs POL sales surged to 1.99MTs in Oct21, highest after March18

SHC announces de-attachment of HASCOL's properties

SHC announces de-attachment of HASCOL's properties

OMCs: Sales up by 29% YoY, PSO leads the growth chart

OMCs Sales up by 29 YoY, PSO leads the growth chart

OMCs: Sales up by 26% YoY in Aug, APL leads the growth chart

OMCs Sales up by 26 YoY in Aug, APL leads the growth chart

HASCOL lifts stay order restraining SECP's investigation

HASCOL lifts stay order restraining SECP's investigation

Hascol's rejoinder against disinformation

Hascols rejoinder against disinformation

OMCs: Sales up by 19% in FY21, PSO continues to shine

OMCsSales up by 19 in FY21, PSO continues to shine

HASCOL approves sale of plot situated at Port Qasim

HASCOL approves sale of plot situated at Port Qasim

OMCs: Sales up by 6% MoM, PSO leads the chart

OMCs Sales up by 6 MoM, PSO leads the chart

HASCOL’s Sukuk assigned default rating due to non-payment of an installment

HASCOLs Sukuk assigned default rating due to non-payment of an installment

HASCOL: Losses soar due to higher inventory and impairment on finacial assets

HASCOLLosses soar due to inventory and impairment losses

HASCOL’s losses contract by 42% during 1HCY20

HASCOLs losses contract by 42 during 1HCY20

Hascol Petroleum sells properties at Dolmen Sky Tower to Liberty Mills

Hascol Petroleum sells properties at Dolmen Sky Tower to Liberty Mills

Hascol Petroleum to increase its share capital by Rs 40 billion

Hascol Petroleum to increase its share capital by Rs 40 billion

OMCs: Strong start to new year; volume up by 12% YoY in Jan’21

OMCs Strong start to new year volume up by 12 YoY in Jan21

HASCOL to increase authorized share capital from Rs 10 billion to Rs 50 billion

Hascol to increase authorized share capital from Rs 10 billion to Rs 50 billion

OMCs post highest ever monthly sales since Sep’18

OMCs post highest ever monthly sales since Sep18

OMCs: BYCO posts the largest volumetric growth of 22% YoY in sales of petroleum products

OMCs BYCO posts the largest volumetric growth of 22% YoY in sales of petroleum products

HASCOL obtains stay order against OGRA's decision

HASCOL obtains stay order against OGRAs decision

HASCOL challenging OGRA on suspension of marketing license

HASCOL challenging OGRA on suspension of marketing license

HASCOL's Marketing License of KPK has been suspended

Hascols Marketing License of KPK has been suspended

Hascol’s losses surge by 15% in 1QCY20 owing to challenges imposed by COVID-19

Hascols losses surge by 15 in 1QCY20 owing to challenges imposed by COVID-19

OMC sales up by 2% YoY in Sept’20 on increased FO demand from IPPS

OMC sales up by 2 YoY in Sept20 on increased FO demand from IPPS

Mr Adeeb Ahmad appointed as new CEO of HASCOL

Mr Adeeb Ahmad appointed as new CEO of HASCOL

OMCs: Upturn continues with 21% YoY growth

OMCs Upturn continues with 21 YoY growth

OGRA to grant permanent marketing license to HASCOL

OGRA to grant permanent marketing license to HASCOL

OMCs: Volumetric sales improved on the back of higher FO based Power generation

OMCs Volumetric sales improved on the back of higher FO based Power generation

OMCs on recovery road: Volumes surge in May’20 as restrictions eased

OMCs on recovery road Volumes surge in May20 as restrictions eased

OMCs: PSO posts muted performance despite strong rebound in HSD demand

OMCs PSO posts muted performance despite strong rebound in HSD demand

HASCOL appoints new CEO

HASCOL appoints new CEO

OMCs: PSO faces the most heat of lockdown, both sales and market share decline

OMCs PSO faces the most heat of lockdown, both sales and market share decline

Hascol Petroleum Ltd appoined with a new Chairman

Hascol Petroleum Ltd appoined with a new Chairman

OMCs: HASCOL witnesses the highest decline in sales among its peers

OMCs HASCOL witnesses the highest decline in sales among its peers

Hascol Petroleum gets a new CEO

Hascol Petroleum gets a new CEO

Hascol’s CEO steps down from his position

Hascol CEO steps down from his position

OMCs: PSO leads the chart by posting 6%YoY rise in total sales

OMCs PSO leads the chart by posting 6YoY rise in total sales

HASCOL offers 8.6 mln shares to Vitol Dubai

HASCOL offers 8.6 mln shares to Vitol Dubai

Hascol raises Rs 7.9 billion through rights issue of shares

Hascol raises Rs 7.9 billion through rights issue of shares

OMCs: PSO turns out to be a key gainer in December

OMCs PSO turns out to be a key gainer in December

OMCs Review: PSO records the highest sales of POL products, up by 21%YoY in November

OMCs Review PSO records the highest sales of POL products up by 21 YoY in November

OMCs Review: PSO records the highest sale of POL products during October

PSO records the highest sale of POL products during October

HASCOL incurs hefty losses of Rs13 billion owing to mounting pressure on oil industry

HASCOL incurs hefty losses owing to mounting pressure on oil industry

OMCs - Rich gone broke

Oil Marketing Companies Rich gone broke

OGRA grants license to Hascol Lubricants to start commercial operations of lube oil blending plant

OGRA grants license to Hascol Lubricants to start commercial operations of lube oil blending plant

HASCOL’s diversification initiatives to allow it to sustain its market position: VIS

HASCOL diversification initiatives to allow it to sustain its market position VIS

HASCOL suffers heavy losses due to adverse economic challenges

HASCOL suffers heavy losses due to adverse economic challenges

HASCOL resolves to increase its share capital after reviewing extreme economic challenges

\nHASCOL resolves to increase its share capital after reviewing extreme economic challenges

Tax Fraud case: Sales Tax appeal decided in HASCOL’s favor

Tax Fraud case Sales Tax appeal decided in HASCOL favor

HASCOL to receive facilities worth $42 million from a major shareholder

HASCOL to receive facilities worth 42 million from a major shareholder

HASCOL files petition against FBR for suspending its sales tax registration

HASCOL files petition against FBR for suspending its sales tax registration

HASCOL denies involvement in alleged tax fraud of Rs.3.9 bln

HASCOL denies involvement in alleged tax fraud of Rs.3.9 bln

HASCOL’s ratings assigned negative outlook as reliance on imports enhances its FOREX risk: VIS

HASCOL ratings assigned negative outlook as reliance on imports enhances its FOREX risk

HASCOL reports 84% decline in annual profits

HASCOL reports 84 decline in annual profits

OGRA consents to HASCOL and TPPL's joint operations in Sahiwal and Daulatpur

OGRA grants approval to HASCOL and TPPL for joint operations in Sahiwal and Daulatpur

APL outperforms its peers in terms of volumetric growth

APL outperforms its peers in terms of volumetric growth

Hascol Terminals Ltd completes successful commissioning of its storage facility

Hascol Terminals Ltd completes successful commissioning of its storage facility

Hascol Petroleum’s diversification initiatives to start contributing to profitability in 2019: JCR-VIS

Hascol Petroleums diversification initiatives to start contributing to profitability in 2019 JCR-VIS

HASCOL's profits grow regardless of soaring losses on exchange

HASCOLs profits grow regardless of soaring losses on exchange

HASCOL acquires LPG plant from Marshal Gas Pvt Ltd

HASCOL acquires LPG plant from Marshal Gas Pvt Ltd

Hascol Petroleum reports 33% increase in half yearly profits

Hascol Petroleum reports 33 increase in half yearly profits

JCR-VIS assigns rating to proposed Commercial Paper of Hascol Petroleum Limited

JCR-VIS assigns rating to proposed Commercial Paper of Hascol Petroleum Limited

Hascol Petroleum profits rise by 95.97 percent to Rs. 729.650 million

Hascol Petroleum profits rise by 95.97 percent to Rs. 729.650 million

Hascol Petroleum Ltd. profits rises 15.27 percent to Rs. 1.401 billion

Hascol Petroleum Ltd. profits rises 15.27 percent to Rs. 1.401 billion

Total Parco buys storage depots worth Rs. 400 million from Hascol

In an announcement addressed to PSX, Hascol announced that it has entered in an agreement with Total Parco to buy assets worth Rs. 400 million from the company

Earnings Report: Hascol Petroleum Ltd. (PSX: HASCOL) today reported Financial Results for the Three and Six months ended June 30, 2017

Earnings Report: Hascol Petroleum Ltd. (PSX: HASCOL) today reported Financial Results for the Three and Six months ended June 30, 2017

HASCOL gets License of LPG Storage and Filling Plant