Pakistan Petroleum
Pakistan Petroleum Limited (Reporting name: PPL or PP), is a multinational, global competitive and one of the largest state-owned megacorporation of Pakistan. The corporation was incorporated on June 5, 1950, when it inherited the assets and liabilities of the Burmah Oil Company Ltd. which initially holds 70% of the share with the rest mostly held by the Government of Pakistan (GoP). As on June 2011, GoP hold 70.66% of the shares.
The company is headquartered in Karachi. The company operates major oil and gas fields including Sui gas field and has non-operating interests in other fields and has an interest in an exploration portfolio onshore and offshore. The company is now planning international exploration in partnership mode.
Read more about Pakistan Petroleum: Board of Directors, Global Compact, Highlights For The Year 2008, Awards, Year 2010-2011, Operations, Bolan Mining Enterprises