Pakistan

Earnings up for Hi-Tech, Down for NRL

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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - 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

Lube Report Asia - February 28, 2017

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