KATHMANDU, Nov 4: Nepal Oil Corporation (NOC) has said it will provide fuel for rescue flights following Friday night’s earthquake in Jajarkot district free of cost.

KATHMANDU, Oct 15: Nepal Oil Corporation (NOC) has reduced the prices of petrol and diesel by Rs 11 per liter and Rs 5 per liter, respectively.

KATHMANDU, Oct 1: Rabi Lamichhane, chairman of Rastriya Swatantra Party, has questioned where the money to distribute the bonus to the loss-making Nepal Oil Corporation (NOC) employees came from.

KATHMANDU, Sept 30: Nepal Oil Corporation (NOC) has hiked the price of petroleum products by a notable amount, effective from Saturday midnight.

KATHMANDU, Sept 23: Nepal Oil Corporation (NOC) has warned to 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.

KATHMANDU, Aug 31: Nepal Oil Corporation (NOC) has hiked the price of cooking gas heavily by Rs 235 per cylinder to be effective from Thursday midnight.

KATHMANDU, Aug 24: The fares of taxis and other public vehicles operating in the Bagmati Province have increased.

KATHMANDU, Aug 16: The government has increased the fare of public transport. Along with the increase in the price of petroleum products by Nepal Oil Corporation (NOC), the Department of Transport Management (DoTM) has revised fare rates for passenger and cargo vehicles for inter-provincial public transport.

At the new rates, petrol costs Rs 175 per liter and diesel costs Rs 164.50 per liter.

KATHMANDU, August 1: Nepal Oil Corporation (NOC) has hiked the prices of petrol, diesel, kerosene and reduced the price of cooking gas cylinder effective from Tuesday midnight.

KATHMANDU, July 23: In the past 12 years, the government has invested Rs 1.4 trillion in the education sector, but it has failed to assure and sustain students in domestic education.

POKHARA, July 17: Nepal Oil Corporation (NOC) has opened a new diesel storage plant with a capacity of 10,000 kiloliters in Pokhara.

KATHMANDU, July 16:  Nepal Oil Corporation (NOC) has said that India has increased the price of diesel while decreasing the price of petrol.

KATHMANDU, July 7: Nepal Oil Corporation (NOC) has earned profit of Rs 1.11 billion within 15 days by selling fuel as per the recent price list determined by its supplier - the Indian Oil Corporation (IOC). In this way, the NOC earned a profit of around Rs 2.5 billion in a month.

ATF for domestic flights will cost Rs 10/liter less and for international flights USD 200/kl less

KATHMANDU May 15: Nepal Oil Corporation (NOC) has banned tanker drivers who were found transporting more than the specified amount of petrol.

KATHMANDU, April 7: Fascination for abroad studies has been hugely increasing among Nepali students lately. The statistics maintained by the Ministry of Education, Science and Technology (MoEST) speaks volumes about it.

KATHMANDU, March 16: The import price of petroleum products of the country has declined with Indian Oil Corporation curtailing the prices of fuels that it supplies to Nepal Oil Corporation (NOC).

KATHMANDU, March 1: Nepal Oil Corporation (NOC) says it will not be hiking the price of liquefied petroleum gas (LPG) despite a hefty rise in the price of cooking gas by the Indian Oil Corporation (IOC).

KATHMANDU, Dec 18: Nepal Oil Corporation Limited (NOC) has increased the fare of tankers carrying petroleum products.

KATHMANDU, Nov 17: Nepal Oil Corporation (NOC) on Wednesday received a new price list of petroleum products from the Indian Oil Corporation (IOC).

KATHMANDU, Nov 3: Citing its outstanding dues to the government and Indian Oil Corporation (IOC), Nepal Oil Corporation (NOC) has refused to reduce the prices of petroleum products.

KATHMANDU, Oct 22: Nepal Oil Corporation (NOC) has said the petroleum supply will not be disrupted during a week-long public holidays of upcoming Tihar and Chhath.

KATHMANDU, Oct 8: Nepal Oil Corporation (NOC) has projected a profit of Rs 1.60 billion per month after a successive fall in the crude oil prices in the international market.

KATHMANDU, Sept 16: Nepal Oil Corporation (NOC) has received new price lists with the reduced petroleum prices from Indian Oil Corporation (IOC) on Friday.

KATHMANDU, Sept 2: Nepal Oil Corporation (NOC) has said that it has to pay Rs 21 billion to the Indian Oil Corporation (IOC) for the purchase of petroleum products.

KATHMANDU, Sept 2: Nepal Oil Corporation (NOC) has increased the price of diesel and kerosene by Rs 6 per liter with effect from 12 midnight on Thursday.

KATHMANDU, August 20: Nepal Oil Corporation (NOC) has started construction of two storage tanks to stock petrol transported via cross-border pipeline system at its Amlekhgunj depot.

KATHMANDU, August 17: Throughout the last fiscal year, the consumers were forced to buy fuel by paying much higher prices. Nepal Oil Corporation (NOC), which has a monopoly in the petroleum business in Nepal, should have made profit by selling petroleum products at higher prices. But this is not the case. The accumulated loss of the NOC has reached Rs 50 billion by the end of the last fiscal year 2021/22

KATHMANDU, August 7: Nepal Oil Corporation (NOC) is going to build a fuel storage tank of 8.7 million liters (8,700 kiloliters) in Amlekhgunj. The corporation is going to build infrastructure including fuel storage with an investment of around Rs 3.15 billion.

As per the new fuel price lists received from the IOC in the past two weeks, petrol should have become cheaper by over Rs 32 and diesel by over Rs 29 per liter but the NOC has ignored the auto pricing system.

KATHMANDU, August 1: Petroleum transporters have called off the protest they scheduled to launch from Monday after receiving assurance from Nepal Oil Corporation (NOC) to fulfill their demand.

KATHMANDU, July 31: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said the Nepal Oil Corporation (NOC) will not be privatized.

KATHMANDU, July 18: 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.

KATHMANDU, July 17: The government is going to provide Rs 598.68 million as a subsidy through the Ministry of Industry, Commerce and Supply to Nepal Oil Corporation (NOC).

KATHMANDU, July 8: Several old cases are pending at the Supreme court (SC) - some for the past two decades - due to the ‘lack of time’ to hear these cases. One such case in point is the case involving former executive general manager of Nepal Oil Corporation, Yuvraj Sharma. After a series of hearings on the corruption case filed against Sharma, the SC ruled to announce the final verdict on the case. It’s already been two years since that SC decision, but the final verdict on the case hasn’t been announced. The SC ruled two years ago that Sharma had embezzled Rs 5.4 million, but the final verdict on the case is yet to be made.

KATHMANDU, July 4: The Nepal Oil Corporation (NOC) has increased the prices of petroleum products again. NOC increased the price of petrol by Rs 9 per liter and diesel/ kerosene by Rs 2 per liter with effect from Monday midnight.

KATHMANDU, July 4: Nepal Oil Corporation (NOC) on Monday drew attention of the government for the possible disruption in petroleum supply citing shortage of funds to pay to the Indian oil supplier amid its soaring financial loss.

KATHMANDU, June 30: While the prices of petroleum products are rising in the international market, Nepal Oil Corporation (NOC) is bearing a loss of Rs 10 billion monthly. According to the employees' union, the main reason for such a loss is the government's intervention.

KATHMANDU, June 30: Nepali Congress (NC) leader Ram Chandra Poudel has criticized the government for making plans to hand over Nepal Oil Corporation (NOC) to private businessmen.

KATHMANDU, June 25: The government has announced to reduce the price of petroleum products by removing taxes levied on these products under various headings.

KATHMANDU, June 20: Rastriya Prajatantra Party (RPP) has demanded answers from the Nepal Oil Corporation (NOC) for the latest fuel price hike.

KATHMANDU, June 20: The government has massively increased prices of petroleum products effective from midnight Sunday.

KATHMANDU, June 17: The price of fuel has increased in the latest revised price list sent by the Indian Oil Corporation (IOC), the sole supplier of fuel to the Nepal Oil Corporation (NOC).

KATHMANDU, June 10: The Nepal Oil Corporation (NOC) has increased the prices of petroleum products. The increment was made after the NOC failed to pay the regular installment to Indian Oil Corporation (IOC)-- the sole supplier of petroleum products.

KATHMANDU, June 2: The Indian Oil Corporation (IOC) that supplies petroleum products to Nepal has sent increased prices of petroleum products to Nepal as consumers continue to be hit hard by the rising prices. This comes barely a week after Nepal Oil Corporation (NOC) increased the prices of petroleum products in line with the price list sent by the IOC.

KATHMANDU, May 23: Nepal Oil Corporation (NOC) incurred a loss of Rs 47 billion in the last 10 months. The corporation reports that the loss has been caused by the persistent rise in the price of petroleum products in the international market.

KATHMANDU, May 22: The government has hiked the prices of LPG gas cylinder by Rs 200 each cylinder and petroleum products by Rs 10 per liter.

KATHMANDU, April 6: Nepal Oil Corporation (NOC) has increased the price of petroleum products.

KATHMANDU, April 3: Home Minister Balkrishna Khand, also the Acting Prime Minister, has directed the authorities concerned to immediately fix the problems surfaced recently in the supplies of petroleum products.