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Pakistan State Oil (PSO) is emerging as a resilient innovator as it leverages data and technology to strengthen Pakistan’s energy security in a rapidly evolving energy landscape, driven by the rise of electric vehicles and the global shift toward environmental sustainability, reports WealthPK.

The company is following its vision of “Energy with Intelligence”, delivering energy that is accessible, sustainable, and affordable. Therefore, the company is using innovation and technology to drive economic progress while ensuring that environmental care and social impact remain central to its mission.

Moreover, PSO is harnessing the power of digital transformation and data analytics to enhance efficiency and maximise value across its operations. The company’s digital transformation is attracting young, tech-savvy professionals, fostering a culture of innovation that is essential for long-term growth and keeping Pakistan competitive in the global energy landscape.

Additionally, the company is investing significantly to keep pace with the global shift towards AI and smart technologies to reduce costs and improve productivity. Furthermore, by enhancing energy reliability and affordability, the company is driving industrial growth, job creation, and economic stability.

Despite the inherent volatility of the oil sector driven by price fluctuations, policy changes, and geopolitical tensions, PSO has remained resilient through strong governance, sound financial management, and strategic adaptability.

As electric vehicles are rapidly transforming global oil demand, the company is diversifying its energy portfolio, investing in alternative fuel infrastructure, and supporting the transition to cleaner transport.

Moreover, the company focuses on low-carbon technologies to ensure sustainability as the world moves toward a low-carbon future. PSO is embracing the challenge of decarbonisation by adopting advanced technologies and exploring new business models.

It is empowering communities, and positioning Pakistan as a leader in energy innovation by combining technology, sustainability, and intelligence in its operations. As the global energy landscape shifts towards renewables, PSO’s commitment to "Energy with Intelligence" paves the way for a more resilient, sustainable future in Pakistan.

Meanwhile, during the nine months ended March 2025, the company reported an earnings per share of Rs32.5 compared to Rs28.5 over the corresponding period of FY24.

Credit: INP-WealthPk