Published On: February 1, 2018 08:52 PM NPT By: Dilip Paudel
KATHMANDU, Feb 1: The Nepal Oil Corporation (NOC) has increased the price of petroleum products on Thursday citing the rise in the price of crude oil in the international market.
Published On: January 25, 2018 09:05 AM NPT By: Dilip Paudel
KATHMANDU, Jan 25: Nepal Oil Corporation (NOC), the state-run oil monopoly of the country, has allocated Rs 770 million as bonuses and other incentives for its staff.
Published On: December 24, 2017 07:40 AM NPT By: Dilip Paudel
Regulatory authorities in blame game against each other
Published On: December 5, 2017 03:30 AM NPT By: Dilip Paudel
KATHMANDU, Dec 5: At a time different candidates have been promising to build roads, among other things, to attract voters, progress in road construction, however, has remained very poor.
Published On: November 21, 2017 05:00 AM NPT By: Dilip Paudel
KATHMANDU, Nov 21: Nepal Oil Corporation (NOC) has collected Rs 13 billion from consumers for the Budhi Gandaki Hydropower Project in the past 16 months.
Published On: November 2, 2017 07:12 AM NPT By: Dilip Paudel
KATHMANDU, Nov 2: The Commission for the Investigation of Abuse of Authority (CIAA) has started field study regarding the issue of irregularities in buying land plots for setting up fuel storage facilities by Nepal Oil Corporation (NOC) in four districts.
Published On: November 1, 2017 09:03 PM NPT By: Dilip Paudel
KATHMANDU, Nov 1: Nepal Oil Corporation (NOC) has increased the price of petrol, diesel and kerosene and liquefied petroleum gas (LPG) on Wednesday citing rise of price of the crude oil in the international market.
Published On: October 31, 2017 06:00 AM NPT By: Dilip Paudel
KATHMANDU, Oct 31: The Ministry of Supplies has transferred Gopal Khadka, executive director of Nepal Oil Corporation (NOC), to the ministry for fear that he may cause further losses to the NOC if allowed to work there.
Published On: September 18, 2017 07:05 AM NPT By: Dilip Paudel
KATHMANDU, Sept 18: A proposal to sack Gopal Khadka, the controversial managing director of Nepal Oil Corporation (NOC), is set to be tabled in the cabinet meeting on Monday. Khadka faces charges of financial embezzlement in the purchase of land plots to build storage facilities for NOC in various parts of the country.
Published On: September 12, 2017 04:45 AM NPT By: Dilip Paudel
KATHMANDU, Sept 12: Parliament's Industry, Commerce and Consumer Rights Protection Committee has failed to take a decision as per the recommendations of the panel formed to probe embezzlement of millions in buying land for Nepal Oil Corporation (NOC), and this despite the fact that most of the committee members clearly stood for recommending legal action against the officials involved.
Published On: September 7, 2017 08:19 AM NPT By: Dilip Paudel
KATHMANDU, Sept 7: A parliamentary panel has prepared a report concluding that there was embezzlement by Nepal Oil Corporation (NOC) in its land purchase deal in which it paid out triple the amount that the land owners received.
Published On: September 4, 2017 07:09 AM NPT By: Dilip Paudel
KATHMANDU, September 4: Minister for Supplies Shiva Kumar Mandal has said he has not yet officially received information about the parliament’s Public Accounts Committee’s (PAC) conclusion that there had been massive irregularities in the land procurement process at Nepal Oil Corporation (NOC).
Published On: September 2, 2017 03:15 AM NPT By: Dilip Paudel
KATHMANDU, Sept 1: A lawmaker involved in probing corruption in the procurement of land by state-owned Nepal Oil Corporation (NOC) has complained of security threat.
Published On: August 31, 2017 06:47 AM NPT By: Dilip Paudel
KATHMANDU, Aug 30 :The Ministry of Supplies (MoS) appears to be reluctant to initiate investigation into the Nepal Oil Corporation (NOC)’s land purchase scam despite separate calls from the Prime Minister’s Office and two parliamentary committees to probe into the multi-billion deal.
Published On: August 31, 2017 01:32 AM NPT By: Dilip Paudel
KATHMANDU, Aug 30: The Ministry of Supplies (MoS) appears to be reluctant to initiate investigation into the Nepal Oil Corporation (NOC)'s land purchase scam despite separate calls from the Prime Minister's Office and two parliamentary committees to probe into the multi-billion deal.
Published On: August 30, 2017 07:11 AM NPT By: Dilip Paudel
KATHMANDU, August 30: Lawmakers have claimed that they have found the involvement of former supplies minister Deepak Bohara and Nepal Oil Corporation (NOC) Executive Director Gopal Khadka in the controversial land purchase for setting up fuel storage facilities in various districts.
Published On: August 23, 2017 12:31 PM NPT By: Dilip Paudel
KATHMANDU, August 23: Senior officials at Nepal Oil Corporation receive commissions in the tune of Rs 30 million annually from petroleum product transporters. Transporters are compelled to pay a portion of the amounts they receive from NOC for their services, NOC sources said.
Published On: August 23, 2017 05:30 AM NPT By: Dilip Paudel
KATHMANDU, August 23: Executive Director of Nepal Oil Corporation, Gopal Khadka faces several accusations. The latest of such accusations is his involvement in the Rs 670 million land deal scam. But nobody has dared to take any action against him.
Published On: August 1, 2017 08:02 AM NPT By: Dilip Paudel
KATHMANDU, July 31: The Commission for the Investigation of Abuse of Authority (CIAA) has started investigation into the controversial multi-million rupees land procurement deals made by the state-owned Nepal Oil Corporation (NOC).
Published On: July 30, 2017 08:14 AM NPT By: Dilip Paudel
KATHMANDU, July 29: Tarai, known as the bread basket of Nepal, has not seen even 50 percent of paddy plantation in its different districts till the end of July.