Pakistan

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Earnings up for Hi-Tech, Down for NRL

Lube Report Asia - May 1, 2020

Hi-Tech Lubricants posted higher net profit for the quarter ending March 31, while National Refinery Ltd. reported decre ...

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Pakistans NRL Posts Lower Lube Segment Profit

January 31, 2020

Pakistans National Refinery Ltd. reported its half-year net profit for its lube segment - which includes API Group I bas ...

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Results Down for Hi-Tech, Up for Savita, Apar

November 8, 2019

Pakistans Hi-Tech Lubricants reported a steeper net loss, while Indias Savita Oil and Apar Industries each reported high ...

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Profits Up for Castrol India, Down for Hi-Tech

October 25, 2019

Castrol India Ltd. reported a substantial increase in profit for the quarter ending Sept. 30, while Pakistans Hi-Tech Lu ...

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Hi-Tech Claims Found Misleading

September 20, 2019

The Competition Commission of Pakistan served notice last month of a finding that Hi-Tech Blending (Pvt) Ltd. used false ...

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Earnings Up for Gulf, Continental

February 15, 2019

Gulf Oil Lubricants India Ltd and Continental Petroleum both reported healthy increases in profit for their third quarte ...

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Pakistani Base Oil Plant Expands

March 16, 2018

National Refinery Ltd. plans to boost the production capacity of its base oil plant in Pakistan and has contracted a Chi ...

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Profits up in India, Pakistan

February 16, 2018

Continental Petroleums, Hi-Tech Lubricants, Balmer Lawrie, Tide Water Oil and Castrol India each reported higher profits ...

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CPEC Project to Propel Pakistan

December 12, 2017

The China-Pakistan Economic Corridor (CPEC) is set to overhaul Pakistans infrastructure and strengthen its economy, whic ...

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Pakistan Army Victim to Faulty Ukrainian Oils

November 21, 2017

Allegedly defective oil produced in Ukraine was blamed for the failure of 30 Pakistan Army tanks last month after simila ...

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Puma Roars into Pakistan

November 14, 2017

Singapore-based Puma Energy Holdings acquired Pakistans Admore Gas Pvt. and plans to rebrand its 470 retail outlets to m ...

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Gazprom Eyes Pakistan Expansion

October 31, 2017

Gazpromneft-Lubricants last week confirmed it plans to expand its network of fast lube and car maintenance stations into ...

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Pakistan Shuts Lubricant Plant

September 26, 2017

The Pakistan Standards & Quality Control Authority, the countrys national standards enforcer, recently seized a unit of ...

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Hi-Tech Lubricants Profit Jumps

September 5, 2017

Pakistans Hi-Tech Lubricants Ltd. reported a 44 percent jump in its annual net profit, as sales and other income surged. ...

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Pakistan Grants More Lube Licenses

March 28, 2017

Pakistans Oil and Gas Regulation Authority has granted an unprecedented number of marketing licenses to lubricant player ...

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Hi-Tech Banks IPO Funds on Fuels

February 28, 2017

In the year since its January 2016 initial public offering, Pakistans Hi-Tech Lubricants Ltd. has invested around 1.2 bi ...

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Profits Up at Castrol and Hi-Tech, Down at Apar

February 28, 2017

Castrol India Ltd. recorded healthy gains in profit in its most recent quarter, and so did Pakistani supplier Hi-Tech Lu ...