March 24, 2023 18:00 pm
KATHMANDU, March 4: The import of liquefied petroleum gas (LPG) has decreased in Nepal. According to officials of Nepal Oil Corporation (NOC), there has been a decline in LPG import by almost six percent compared to last year. The corporation estimates that the use of cooking gas may have started to decrease as consumers have become accustomed to using electricity.
March 24, 2023 16:15 pm
KATHMANDU, March 24: Nepal Oil Corporation (NOC) has started discussions with the dealers about the safety standards of liquified petroleum gas (LPG) cylinders.
February 26, 2023 11:00 am
BARA, Feb 26: The construction of infrastructure for importing petrol and kerosene through the Motihari-Amlekhganj petroleum pipeline has reached its final stage.
February 7, 2023 08:45 am
KATHMANDU, Feb 7: The Nepal Oil Corporation has increased the price of petroleum products including diesel, petrol and kerosene.
January 9, 2023 18:00 pm
KATHMANDU, Jan 9: The government has lowered the price of aviation fuel for domestic flights by Rs 20 per liter. After the state-owned Nepal Oil Corporation (NOC) reduced the airfare, the airline companies also slashed the price of air tickets .
January 9, 2023 10:15 am
KATHMANDU, Jan 9: The Nepal Oil Corporation (NOC) has reduced the price of petroleum products.
January 8, 2023 16:55 pm
POKHARA, Jan 8: After the start of commercial flights at the Pokhara Regional International Airport (PRIA) in Pokhara, Nepal Oil Corporation (NOC) is going to build an aviation fuel depot at the airport at a cost of around Rs 680 million. The corporation has leased a piece of land at PRIA from the Civil Aviation Authority of Nepal (CAAN) to build the aviation fuel depot.
January 6, 2023 08:05 am
KATHMANDU, Jan 6: While Prime Minister Pushpa Kamal Dahal on Thursday directed the Ministry of Industry, Commerce and Supplies (MoICS) to reduce the prices of petroleum products with immediate effect, a pre-scheduled board meeting of Nepal Oil Corporation (NOC), the state-owned oil monopoly, was canceled to avoid facing the PM’s order.
December 18, 2022 08:05 am
Consumers feel cheated as NOC flouts its own promise to enforce auto-pricing system NOC reduced petrol price by Rs 3 per liter in the past five months even as its price in int’l market declined by 28 percent
December 17, 2022 10:15 am
KATHMANDU, Dec 17: Nepal Oil Corporation (NOC) has reduced the prices of petroleum products.
December 4, 2022 15:12 pm
Activists of the student union affiliated with the CPN (Majority) have protested against Nepal Oil Corporation demanding the adjustment of the price of petroleum products.
November 14, 2022 18:00 pm
KATHMANDU, Nov 14: The domestic consumption of petroleum products has gone down lately. According to the Nepal Oil Corporation (NOC), the consumption of petroleum products has significantly decreased in the current fiscal year 2022/23 compared to the previous year.
October 17, 2022 14:00 pm
KATHMANDU, Oct 17: Nepal Oil Corporation (NOC) has again not adjusted the price of petroleum products. Even though new prices are coming from India ona regular basis, the corporation has not adjusted the prices under the pretext of past losses.
September 30, 2022 17:50 pm
KATHMANDU, Sept 30: With the start of Dashain festival, consumption of petroleum products has increased sharply.
September 10, 2022 14:50 pm
KATHMANDU, Sept 10: Aviation fuel supply has stopped at three busy airports including Gautam Buddha International Airport. The transporters have stopped the supply of fuel to Bhairahawa's Gautam Buddha International Airport, Dhangadhi and Nepalgunj Airports for seven days demanding an increase in fares.
August 9, 2022 15:30 pm
KATHMANDU, August 9: According to the latest price list of fuels sent by the Indian Oil Corporation (IOC), the Nepal Oil Corporation (NOC) is expected to incur a loss of Rs 636.5 million in the next 15 days. As per the previous price list, the NOC incurred a loss of Rs 14 per liter in petrol, Rs 22 per liter in diesel, and Rs 582 per cylinder in LPG.
August 1, 2022 16:00 pm
KATHMANDU, August 1: The Indian Oil Corporation (IOC) has reduced the prices of petroleum products and sent a new price list to Nepal Oil Corporation (NOC).
June 2, 2022 21:06 pm
KATHMANDU, June 2: Nepal Oil Corporation (NOC) has reduced prices of petrol, diesel and kerosene by Rs 10 per liter effective from midnight today.
May 25, 2022 15:45 pm
KATHMANDU, May 25: Activists affiliated to various student unions besieged the office of Nepal Oil Corporation (NOC) on Wednesday, demanding withdrawal of the recent price hike of petroleum products and control of market prices.
May 15, 2022 14:49 pm
KATHMANDU, May 15: Various students unions have staged a demonstration outside the central office of Nepal Oil Corporation (NOC) in Teku, Kathmandu, demanding the corporation withdraw its decision to hike the prices of petroleum products.
May 14, 2022 20:36 pm
KATHMANDU, Feb 20: Nepal Oil Corporation (NOC) has again increased the prices of petroleum products.
May 2, 2022 12:39 pm
KATHMANDU, May 2: The Nepal Oil Corporation (NOC) has said that it is short of over Rs 10 billion to pay to the Indian Oil Corporation (IOC) for fuel imports in May 2022 after the IOC sent the NOC new and revised rates of fuel prices.
April 6, 2022 17:22 pm
KATHMANDU, April 6: The government of Nepal has decided to give Rs 4.20 billion to Nepal Oil Corporation (NOC) from the price stabilization fund.
April 4, 2022 16:58 pm
KATHMANDU, April 4: Supply of petroleum products in the local market has eased following an agreement between the protesting petroleum entrepreneurs and the Nepal Oil Corporation, the state-owned trading enterprise of the country that imports, stores and distributes petroleum products.
March 19, 2022 16:00 pm
KATHMANDU, March 19: Gas Dealers Federation of Nepal (GDFN) has urged newly-appointed Executive Director of Nepal Oil Corporation (NOC) Umesh Thani to implement automatic pricing system in Liquefied Petroleum Gas (LPG).
January 18, 2022 16:17 pm
KATHMANDU, Jan 18: Nepal Oil Corporation (NOC) has issued a press note, stating that the company is having to take loans in order to procure fuel for the country. NOC maintained that the company has depleted all its accumulated profits and is in a state where it cannot even pay to buy fuel.
November 21, 2021 17:05 pm
KATHMANDU, Nov 21: CPN (Unified Socialist) Chairman Madhav Kumar Nepal has requested the government to be serious about the issues regarding the hike of fuel prices.
November 14, 2021 16:57 pm
KATHMANDU, Nov 14: Various students unions have given continuity to their street protests against recent hike in the prices of petroleum products.
November 12, 2021 14:33 pm
KATHMANDU, Nov 12: Various student unions that have launched protests against the recent hike in the prices of petroleum products have picketed the central office of Nepal Oil Corporation (NOC) in Kathmandu on Friday.
November 10, 2021 22:51 pm
KATHMANDU, Nov 10: The government has again hiked the prices of petroleum products including cooking gas.
October 31, 2021 17:20 pm
KATHMANDU, Oct 31: Members of the student union affiliated with CPN (Revolutionary Maoists) have staged a protest, demanding that the Nepal Oil Corporation (NOC) withdraw the decision to hike the prices of fuel.
October 30, 2021 11:50 am
KATHMANDU, Oct 30: The Nepal Oil Corporation (NOC) has hiked the prices of petroleum products yet again. Issuing a press release on Friday, the NOC stated that it had not raised fuel prices since August 23, which has led the corporation to face a loss of Rs 2.22 billion in 15 days if the prices are not hiked.
October 28, 2021 14:05 pm
KATHMANDU, Oct 28: The Nepal Oil Corporation (NOC) has decided to convert the kerosene storage tanks at its Biratnagar Depot into diesel storage tanks as the diesel storage capacity has been reduced. As the consumption of kerosene is declining, the corporation has started the work of converting kerosene tanks with a capacity of 1.4 million liters (1400 kiloliters) into diesel tanks
September 15, 2020 15:09 pm
KATHMANDU, Sept 15: The decision of the Chief Commissioner of the Commission for the Investigation of Abuse of Authority (CIAA), Nabin Kumar Ghimire, to give a clean chit to those involved in the multi-billion rupees scam involving the procurement of land for Nepal Oil Corporation (NOC) despite adequate evidence has brought the anti-graft body under serious public scrutiny.
July 13, 2020 12:05 pm
KATHMANDU, July 13: Nepal Oil Corporation (NOC) has projected a profit of Rs 11 billion by the end of the current fiscal year, which is 25.7% more than the state enterprise earned in the last fiscal year.
April 5, 2020 10:14 am
KATHMANDU, April 5: Shortage of cooking gas continues to exist in the market despite the Nepal Oil Corporation (NOC) adopting a number of distribution mechanisms and importing adequate quantity of the liquefied petroleum (LP) gas from the Indian supplier.
April 3, 2020 04:16 am
KATHMANDU, April 3: Petroleum dealers have sought compensation from the Nepal Oil Corporation (NOC), stating that the petroleum monopoly's decision to cut petroleum prices significantly will inflict huge loss on them.
April 2, 2020 08:25 am
KATHMANDU, April 2: Nepal Oil Corporation (NOC) has reduced the price of petrol, diesel and kerosene by Rs 10 per liter. The new prices came into effect from Wednesday midnight.
April 1, 2020 05:23 am
KATHMANDU, April 1: Price of crude oil in the international market plunged to an almost 18-year low at US $ 20 per barrel on Monday. However, Nepali consumers are bound to keep on paying the higher prices as usual, and this despite the fact the country has adopted an automatic pricing policy.
March 27, 2020 06:05 am
KATHMANDU, March 27: Nepal Oil Corporation (NOC), in a bid to ease the supply of cooking gas, has directed the gas bottling companies to sell half-filled cylinders to the customers.
March 25, 2020 16:15 pm
KATHMANDU, March 25: In a bid to ensure smooth distribution of Liquefied Petroleum Gas, the Nepal Oil Corporation has introduced "One family one cylinder" system.
March 17, 2020 10:58 am
KATHMANDU, March 17: The Nepal Oil Corporation (NOC) has reduced the price of petrol and diesel/kerosene each by Rs 2 per liter.
March 15, 2020 14:37 pm
KATHMANDU, March 15: Nepal Oil Corporation (NOC) has said that there would not be a shortage of LP gas as 100,00 cylinders are being supplied in the market every day.
March 7, 2020 08:56 am
KATHMANDU, March 7: Though the Nepal Oil Corporation is importing liquefied petroleum gas (LPG) in normal fashion, Kathmandu Valley has started to see a distribution crisis as consumers are panicking and rushing to buy the cooking gas cylinders.
February 17, 2020 20:45 pm
KATHMANDU, Feb 17: Nepal Oil Corporation has slashed the price of petroleum products to be effective from today.
January 15, 2020 08:44 am
Most gas stations in Kathmandu Valley are located in densely populated areas. A school building might stand right next to or just a few meters from a petrol station. We see shops and residential houses lying adjacent to petrol pumps. This is not how it ought to be legally and practically but this is how it has been for many years.
January 12, 2020 08:36 am
KATHMANDU, Jan 12: Nepal Oil Corporation (NOC) on Saturday announced to provide a month’s pay as a bonus to its employees although its similar announcements in the past were barred by various government bodies including parliamentary committees.
January 2, 2020 09:25 am
KATHMANDU, Jan 2: Nepal Oil Corporation (NOC) has increased the prices of petroleum products again in less than half month.
December 3, 2019 09:50 am
KATHMANDU, Dec 3: Prices of petrol, diesel and kerosene have gone up by Rs 2 per liter each.
November 25, 2019 08:54 am
KATHMANDU, Nov 25: Nepal spent 16.6% less in import of petroleum products in the first three months of the current fiscal year – FY2019/20 compared to the same period last year despite an increase in the import volume by 7%.