Kathmandu: The managing director of Nepal oil corporation (NOC), Umesh Prasad Thani has resigned from his post. He has just resigned from the post of managing director confirmed by the spokesperson of Noc, Manoj Thakur.
'He has resigned from his post today and submitted to the ministry&...}
Kathmandu: Nepal Oil Corporation (NOC) has said it will provide fuel for rescue flights following Friday night’s earthquake in Jajarkot district free of cost.
Manoj Kumar Thakur, spokesperson for the NOC, said the corporation will bear the cost of petroleum products being used for resc...}
Kathmandu : Nepal Oil Corporation (NOC) has said it will take action against the cooking gas producers who are found to be involved in malpractice of refilling the fuel in a cylinder more than the prescribed standard.
Issuing a circular to the sellers of liquefied petroleum gas (LPG), the sector&...}
Kathmandu; Nepal Oil Corporation (NOC) has said it will not reduce fuel prices in the domestic market although it is provided with reduced rates of the majority of petroleum products from Indian Oil Corporation (IOC).
According to the NOC, in the new price lists that it received on Wednesday...}
Kathmandu: Nepal Oil Corporation (NOC) on Friday reduced the domestic prices of petroleum products by nominal rates once in the past five months, although there was a heavy fall in the fuel prices in the international market during the period.
After facing wide criticism by people from vario...}
Kathmandu: Nepal Oil Corporation (NOC) has refused to reduce the prices of petroleum products stating that it still owes Rs 29.11 billion to the government and Indian Oil Corporation (IOC).
Issuing a press release on Thursday, the state-owned oil monopoly refused to adjust the fuel prices, althou...}
The government has decided to provide a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to make the supply of petroleum products smooth.
A meeting of the Council of Ministers on July 15 decided to provide the amount to NOC– the state-owned petroleum importer and supplier– to...}
Nepal imported petroleum products worth over Rs 340 billion in the first 11 months of the current fiscal year.
According to the Department of Customs (DoC), Nepal imported 1.60 million kiloliters of diesel worth Rs 145.21 billion during mid-July 2021 and mid-June 2022. Likewise, the country spent...}
The government has massively increased prices of petroleum products effective from midnight Sunday.
The state-owned Nepal Oil Corporation (NOC) hiked the price of petrol by Rs 21 per liter and the prices of diesel and petrol by Rs 27 per liter.
With the new price coming into effect, the price...}
Consumption of petroleum products has increased significantly with the expansion in election activities across the country.
According to Binitmani Upadhyay, spokesperson for Nepal Oil Corporation (NOC), consumption of diesel and petrol has gone up by about 40 per cent for the last one week due to...}