Kathmandu: Nepal’s spending on petroleum products fell 19 percent in the first month of the current fiscal year.
The records with the Department of Customs (DoC) show the country imported petroleum products worth Rs 17.79 billion, a drop of 19 percent in the review period. During mid-...}
Kathmandu: Nepal’s import of petroleum products fell by a notable amount in the fiscal year 2022/23.
According to the records with Nepal Oil Corporation (NOC), the consumption of petroleum products except aviation fuel decreased in the last fiscal year compared to 2021/22. The import o...}
Kathmandu; Nepal Oil Corporation (NOC) on Monday reduced the price of diesel by Rs 10 per liter and that of petrol by Rs 3 per liter.
At the revised prices, petrol now costs Rs 175 per liter while diesel costs Rs 165 per liter. The state oil monopoly has reduced diesel price by a notable amo...}
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: 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...}
SINGAPORE- Asian fuel exporters are hungrily eyeing Australia as the country’s shutdown of almost all its refineries creates a bright demand spot amid otherwise coronavirus crimped markets.
China appears to be best placed to take advantage of the opportunity, industry sources and analysts t...}
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...}
KATHMANDU, Jan 15: Petroleum Dealers’ Association have postponed the agitation program they had announced earlier against the alleged reluctance of the Nepal Oil Corporation (NOC) to raise their commission for selling petroleum products.
The Nepal Petroleum Dealers’ National Associati...}