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Puma Energy Pakistan
Puma Energy Pakistan, formerly known as Admore Gas, is a Pakistani oil marketing company which is a subsidiary of Singaporean company Puma Energy and is based in Karachi, Pakistan. It was founded in 2001. The company operates more than 470 retail shops in the country. In 2014, it was acquired by the Pakistani conglomerate company Chisti Group. In 2017, Puma Energy acquired majority stake in the company. As a result, company became a joint-venture between Puma Energy and Chisti Group. Acquisition Cnergyico Pk Ltd is in the process of acquiring 57.37 per cent shares of Puma Energy Pakistan. Once the transaction is completed then Cnergyico Pk Ltd would become country's second-largest fuel retailer. See also * Attock Petroleum Limited * Pakistan State Oil * Shell Pakistan Shell Pakistan Limited () is a Pakistani oil and gas company which is a subsidiary of the Shell plc and has been in South Asia for over 100 years. Shell's flagship business in Pakistan is the downstream ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shell Pakistan
Shell Pakistan Limited () is a Pakistani oil and gas company which is a subsidiary of the Shell plc and has been in South Asia for over 100 years. Shell's flagship business in Pakistan is the downstream retail marketing company, Shell Pakistan Limited, which has interests in downstream businesses including retail, lubricants and aviation. Company overview Shell Pakistan has a primary listing on Karachi Stock Exchange. It is also listed on Lahore Stock Exchange, Lahore and Islamabad Stock Exchange. Shell Pakistan Ltd. has 782 petrol pumps, whereas Cnergyico has 982 petrol pumps, the State-owned Pakistan State Oil, Pakistan State Oil Co. has 3,500 petrol pumps and Total Parco, Total Parco Pakistan Ltd. has 800 petrol pumps. Shell’s History in the South Asia * 1898 Asiatic Petroleum (percentage ownership of Shell – 100%) * 1928 Burmah Shell (percentage ownership of Shell – 50%) * 1947 Burmah Shell (Pakistan) (percentage ownership of Shell – 50%) * 1970 Pakistan Burmah S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 Mergers And Acquisitions
Fourteen or 14 may refer to: * 14 (number), the natural number following 13 and preceding 15 * one of the years 14 BC, AD 14, 1914, 2014 Music * 14th (band), a British electronic music duo * ''14'' (David Garrett album), 2013 *''14'', an unreleased album by Charli XCX * "14" (song), 2007, from ''Courage'' by Paula Cole Other uses * ''Fourteen'' (film), a 2019 American film directed by Dan Sallitt * ''Fourteen'' (play), a 1919 play by Alice Gerstenberg * ''Fourteen'' (manga), a 1990 manga series by Kazuo Umezu * ''14'' (novel), a 2013 science fiction novel by Peter Clines * ''The 14'', a 1973 British drama film directed by David Hemmings * Fourteen, West Virginia, United States, an unincorporated community * Lot Fourteen, redevelopment site in Adelaide, South Australia, previously occupied by the Royal Adelaide Hospital * "The Fourteen", a nickname for NASA Astronaut Group 3 * Fourteen Words, a phrase used by white supremacists and Nazis See also * 1/4 (other) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mergers And Acquisitions Of Pakistani Companies
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas Companies Of Pakistan
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan State Oil
Pakistan State Oil (); reporting name: PSO) is a Karachi-based Pakistani state-owned petroleum corporation involved in marketing and distribution of petroleum products. It has a network of 3,689 petroleum filling stations, out of which 3500 outlets serve the public retail sector and 189 outlets serve wholesale bulk customers. ''Pakistan State Oil'' is Pakistan's largest fuel marketing company.Company profile of Pakistan State Oil on Forbes.com website Retrieved 14 September 2020Pakistan State OIl – The Market leader with a vision Business Recorder (newspa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karachi
Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion ( PPP) . Karachi paid $9billion (25% of whole country) as tax during fiscal year July 2021 to May 2022 according to FBR report. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most secular and socially liberal cities. Karachi serves as a transport hub, and contains Pakistan’s two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also a media center, home to news channels, film and fashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Attock Petroleum Limited
Attock Petroleum Limited (APL) () is Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company. It is based in Rawalpindi, Pakistan. History It started its operations in 1998 and is third largest oil marketing company in Pakistan as of 2018.A look at Attock Petroleum Dawn (newspaper), Published 2 December 2012, Retrieved 16 September 2020 In 2005, it was listed on the . It has s in Federal Capital Territory, Khyber Pukhtunkwa, Kashmir, Gilgit Baltistan, Balochistan, Punjab and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cnergyico
Cnergyico Pk Limited (formerly Byco Petroleum Pakistan Limited / Bosicor Pakistan Limited) is a Pakistani petroleum company which is a subsidiary of the Mauritian company Cnergyico Industries Incorporated. Company overview It is based in Karachi, Pakistan. It works in oil refining, petroleum marketing, and petroleum logistics business in Pakistan. It is traded on the Pakistan Stock Exchange.Byco Petroleum to become Pakistan's largest fuel maker says: Bloomberg Pakistan Today (newspaper), Published 16 June 2017, Retrieved 21 June 2021 Cnergyico’s holdings has 982 petrol pumps. Whereas the State-owned Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
