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May 03, 2015 2:43 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Chevron Pakistan Limited

Company Overview

Chevron Pakistan Limited operates as an energy company. The company offers various services with respect to the oil and natural gas industry such as exploration and production; refining, marketing and transportation; chemicals manufacturing and sales; and power generation. The company was founded in 1938 and is headquartered in Karachi, Pakistan. Chevron Pakistan Limited operates as a subsidiary of Chevron Corporation. As per the transaction announced on August 15, 2013, Chevron Pakistan Limited operates as a subsidiary of Total Parco Pakistan Ltd.

G PO Box 219

Karachi,  74400


Founded in 1938


92 21 568 1371


92 21 568 5014

Key Executives for Chevron Pakistan Limited

Chevron Pakistan Limited does not have any Key Executives recorded.

Chevron Pakistan Limited Key Developments

PSO Reportedly Eyes Stake In PRL from Chevron

Pakistan State Oil Company Limited (KASE:PSO) intends to acquire shareholding in Pakistan Refinery Ltd. (KASE:PRL) from Chevron Pakistan Limited using its first right, according to reports. Chevron has previously announced that it intends to sell its 12% stake in PRL. Attock Refinery Limited (KASE:ATRL) has also announced that it will participate in the bidding process. "We will use our first right to acquire Chevron's share in PRL," a PSO official said. He said that PSO already held 18% shares in PRL and wanted to increase its shareholding to 30%. Shell International Petroleum Co. Ltd. once planned to sell its stake in 2010 but no Shell no longer plans to sell its stake and has shelved any intentions to divest its holding in PRL "We have no intention to sell our holding in PRL," a Shell spokesman said, adding that Chevron's decision to sell its shares in PRL had nothing to do with Shell and was the former's decision alone. "PSO wants to secure supply of fuel by enhancing its shares in PRL," a PSO official said.

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