1.  The history of PSO starts from mid-70s
 Pakistan Government amalgated three companys:
Esso Eastern, Pakistan National Oil (PNO) and Dawood
Petroleum as part of its reorganization plan.
 It is considered as one of the most successful
mergers in the history of Pakistan.
 The main objective of the Nationalization of POL
Giant was backed by the facilitation of the sensitive
national issue of providing fuel to Defense forces.
 During the war of 1971, the nation suffered from the
problem that no fuel company was interested to
provide fuel to the Armed forces at that and the
sensitivity of the nation was in very crucial condition.

2.  Than the Federal government decided to
nationalize three petroleum companies along
with management control.
 Pakistan State Oil Company Ltd; is the largest
oil marketing company of Pakistan. It is
engaged in the Storage, Import, Distribution
and Marketing of Petroleum Products,
Petrochemicals, Aviation & Bunker Fuels, LPG
and CNG Dominates the Country’s Fuel and
Energy Need.

3.  Pakistan State Oil (PSO) is the oil market leader in
Pakistan enjoying
 PSO has 79% share of Black Oil market and 58%
share of White Oil market.
 It is engaged in import, storage, distribution and
marketing of various POL products, including
Mogas, HSD, Fuel Oil, Jet Fuel, Kerosene, LPG,
CNG and petro-chemicals.
 PSO, the winner of "Karachi Stock Exchange Top
Companies Award" and a member of World
Economic Forum, has been a popular topic of
case studies in Pakistan and abroad based on its
radical corporate turnaround over the last few
years.

4. “To excel in delivering value to customers as
an innovative and dynamic energy company
that gets to the future first.”

5. We are committed to leadership in energy market through
competitive advantage in providing the highest quality petroleum
products and services to our customers, based on:
 Professionally trained, high quality, motivated workforce,
working as a team in an environment, which recognizes and
rewards performance, innovation and creativity, and provides for
personal growth and development
 Lowest cost operations and assured access to long-term and cost
effective supply sources
 Sustained growth in earnings in real terms
 Highly ethical, safe environment friendly and socially
responsible business practices

6. 01-January-1974
 Federal Government takes over management of PNO (Pakistan National
Oil) and DPL(Dawood Petroleum Limited), renamed into POCL (Premier
Oil Company Limited)under marketing of Petroleum Products (Federal
Control) Act, 1974.
03-June-1974
 Government incorporates "Petroleum Storage Development Corporation"
PSDC.
23-August-1976
 Name of PSDC changed to State Oil Company Limited (SOCL).
15-September-1976
 Government purchases ESSO Undertakings, vests their control in SOCL.
 (State Oil Company Limited) and names it as Pakistan State Oil Company
Limited
(PSO).