Nepal Oil Corporation (NOC) has said that it is finding cash strapped every successive month as a result of accumulated loss due to surging prices of petroleum products in the international market.
NOC Managing Director Surendra Prasad Paudel said the government enterprise is facing a...
Kathmandu: The operation of the Nepal-India Interstate Petroleum Pipeline has been completed for two years, resulting in the saving of Rs 3 billion. It used to be spent in the transportation of petroleum products from India to Nepal earlier.
Nepal Oil Corporation establish...
KATHMANDU: The Nepal Oil Corporation (NOC) will spend around Rs 6 billion on infrastructure development.
The state-owned utility has given priority to infrastructure including fuel storage, pipeline and upgrading of depots in the annual budget of the current fiscal year 2021/22. The corpora...
Gasoline prices have been going up and up. In the past one year, petrol has become dearer by Rs25 per litre in the Kathmandu Valley, surging from Rs96 to Rs121 per litre. Diesel and kerosene now cost Rs104 per litre, increasing by Rs19 from Rs93 per litre a year ago.
Despite the increased amount...
KATHMANDU: Prices of petrol and diesel in Nepal surged more than 20 percent in the past one year with Nepal Oil Corporation (NOC) hiking the fuel prices again on Sunday midnight.
In its new move, NOC has raised the prices of petrol and diesel each by Rs 2 per liter to Rs 120 per liter and Rs...
A fossil fuel non-proliferation treaty (FFNPT) initiative was formally launched last September by a coalition of academics, lawyers and activists. It’s modelled on the landmark UN Treaty on the Non-Proliferation of Nuclear Weapons agreed in the 1960s, and is built around the same thr...
Nepal Oil Corporation has completed a feasibility study for extending the Amlekhgunj oil pipeline to Chitwan, officials said. The 69-km cross-border pipeline, which brings gasoline from Motihari in India to Amlekhgunj, became operational nearly one and a half years ago.
The government says it pla...
KATHMANDU: Nepal Oil Corporation (NOC) has estimated that building the 69 km Amlekhgunj-Lothar petroleum pipeline is going to cost Rs 13 billion.
A feasibility study conducted by the NOC has estimated the aforementioned cost that will be needed to extend the existing Amlekhgunj-Motihari petr...
Kathmandu- Gasoline station owner Mukesh Kumar of Adapur in the Indian state of Bihar said he was being undercut by cheap contraband fuel from Nepal, with his daily petrol sales plunging from 1,300 to 200 litres.
According to Indian media reports, many motorists, particularly in Bihar,...
KATHMANDU, Jan 19: The Nepal Oil Corporation (NOC) has increased the price of petroleum products by 2 rupees per litre.
The NOC has increased the prices of petrol, diesel and kerosene with effect from 12 am Monday midnight. According to the corporation, the prices of petrol, diesel and kerosene h...
2022 January 21,Friday
