KATHMANDU, Nov 9: The government has decided to allocate Rs 5 per liter from the infrastructure development tax levied on fuel for the construction of the Budhi Gandaki Hydropower Project.

NEW DELHI, August 14: The United States has expressed concern to India that it was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers, a top Indian central banker said on Saturday.

BRUSSELS, July 27: European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply cuts by Russia as Moscow pursues its invasion of Ukraine.

NEW DELHI, June 13:  India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow despite strong pressure from the U.S. not to increase their purchases, as the European Union and other allies cut off energy imports from Russia in line with sanctions over its war on Ukraine.

KATHMANDU, Dec 28: State-owned Nepal Oil Corporation (NOC) has earned a profit of 12.87 billion rupees in the FY 2019/20, compared to a profit of 8.75 billion rupees in the FY 2018/19.

Fuel carrier truck drivers back to work

January 29, 2020 11:25 am

KATHMANDU, Jan 29: The agitating fuel carrier truck drivers have resumed their work since Tuesday after an agreement was reached at the initiative of the Nepal Oil Corporation.

Petrol station in Hetauda sealed off

August 12, 2019 13:49 pm

PARSA, Aug 12: The office of Standards and Metrology in Parsa sealed off a petrol station in Hetauda for selling a less amount of fuel than paid for.

KATHMANDU, Aug 10: Ministry of Culture, Tourism and Civil Aviation has taken initiative toward revising aviation fuel price, as airlines companies have been critical of higher fuel price in Nepal compared to the international market.

KATHMANDU, June 26: The Nepal Petroleum Transporters’ Federation (NPTF) has withdrawn its protest on Wednesday.

BHADRAPUR, May 28: Seventy-three tankers carrying petroleum products heading to Nepal have been stuck at the Panitanki custom of West Bengal, India, for the past four days, creating shortage of fuels in the eastern Nepal.

Fuel for thought

March 23, 2019 08:43 am

The streets of Kathmandu witnessed yet another agitation in the never-ending series of protests staged by students unions against petroleum price hike by Nepal Oil Corporation (NOC). It has become bit of a ritual: there is a price hike, followed by protests, stage-ins, general strikes and targeted vandalism of government vehicles.

KATHMANDU, March 10: The government’s spending on vehicle purchase, fuels and travel expenses is lower this year, according to the midterm review of the budget and program unveiled last week.

CHITWAN, Oct 25: Ramesh Sapkota of Tandi in Ratnanagar Municipality on Tuesday wandered from one place to another in search of petrol. After having his meal in the morning, Ramesh was preparing to go to Gorkha along with his wife and children to put Tika from his in-laws.

KATHMANDU, Oct 15: Nepal Oil Corporation (NOC), only state oil monopoly, has said that there will be no shortage of petroleum products during the Dashain festival.

Making soup of SOP

September 29, 2018 00:15 am

Not all errors end in disasters, faults need to be corrected to stop situation from getting bad to worse.

Sept 21: 6 things to know by 6 PM today

September 21, 2018 18:00 pm

Your daily dose of missed important news of the day.

KATHMANDU, Sept 21: Prime Minister KP Sharma Oli led government has imposed a quota system in fuel following agitation from petroleum transport workers.  The workers have obstructed the main fuel depot, Raksaul for the past three days.

HAITI, July 15: Haitian Prime Minister Jack Guy Lafontant resigned Saturday amid calls for him to step down over his handling of a failed plan to raise fuel prices that set off a wave of deadly protests.

KATHMANDU, June 13 :Demanding withdrawal of hiked prices of petroleum products, Nepal Students Union (NSU) affiliated to the main opposition Nepali Congress staged torchlight protests in different parts of the country on Tuesday.

KHOTANG, June 10: Availabilty of fuel, daily consumables and construction materials has been affected in three districts after the Supreme Court issued an interim order that has barred heavy vehicles to ply on the BP Highway.

KATHMANDU, June 5: Nepal Oil Corporation has hiked fuel prices regularly under an automatic pricing mechanism in the last seven months. The steady price hike has impacted the price of daily commodities, and airfares are also to increase by Tuesday. NOC’s latest price hike comes against a fall in international prices.

KATHMANDU, Jun 3: Domestic private sector airlines have decided to hike airfare. The hiked airfare will be effective from coming Tuesday.

NOC hikes fuel price

June 2, 2018 20:01 pm

KATHMANDU, June 2: Nepal Oil Corporation (NOC), the state oil monopoly, has hiked the price of petrol, diesel, kerosene, and aviation turbine fuel (ATF).

LUCKNOW, INDIA, May 30: As fuel prices have risen to historic highs, people living along the Indo-Nepal border areas of Uttar Pradesh have found out a new way to cope with the fuel prices: they are smuggling in petrol and diesel from neighbouring Nepal.

LUCKNOW, INDIA, May 30: As fuel prices have risen to historic highs, people living along the Indo-Nepal border areas of Uttar Pradesh have found out a new way to cope with the fuel prices: they are smuggling in petrol and diesel from neighbouring Nepal.

KATHMANDU, May 16: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Wednesday again 13 days. Before this NOC increased fuel prices on 3rd May, April 16, February 19, February 2.

Fuel import bill climbs 34%

May 12, 2018 09:03 am

KATHMANDU, May 11: The import of petroleum products has gone up significantly in the first three quarters of the current fiscal year, making it a prime contributor in further exacerbating the yawning trade deficit of the country with India.

KATHMANDU, April 24: Nepal's fuel imports surged by a massive 39.2 percent in first eight months of the current fiscal year compared to same period of Fiscal Year 2016/17, according to Department of Customs (DoC).

JAJARKOT, April 17: Mukti Basnet Oil Suppliers of Jajarkot has not been able to operate petrol refilling pump in the district despite receiving license from Nepal Oil Corporation (NOC) 16 months ago.

KATHMANDU, April 4: Limited aircraft refuelers at Tribhuwan International Airport is one of the reasons behind flight delays at the only international airport in the country.

Fuel from waste plastic

March 21, 2018 13:57 pm

JHAPA, March 21: Fuel was produced from waste plastic in Surunga of Kankari municipality.

Fuel produce from waste plastic

March 21, 2018 12:00 pm

JHAPA Mar 21: Fuel has been produced from waste plastic in Surunga of Kankari municipality.

NOC hikes fuel prices

February 2, 2018 07:31 am

KATHMANDU, Feb 2: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Thursday.

NOC hikes some fuel prices

January 18, 2018 07:15 am

KATHMANDU, Jan 18: Nepal Oil Corporation (NOC) has increased the prices of some petroleum products, citing rise in the price of crude oil in the international market.

DOTI, Jan 13: Fuel traders in the district have claimed that the tankers of Nepal Oil Corporation have been delivering less than the said amount of petroleum. The tankers have been supplying them four percent less petroleum in average, the traders have claimed.

KATHMANDU, Dec 10: Domestic airlines have increased fuel surcharge, citing the rise in Aviation Turbine Fuel (ATF) price by the Nepal Oil Corporation (NOC).

IF anyone was expecting that the 2800 declassified documents that have been released into the assassination of US President John F. Kennedy would provide more clarity into his assassination. and who was behind it, they would be feeling a little disappointed.

KATHMANDU, September 5: Key foreign airlines operating in Nepal have alleged that the Air Turbine Fuel (ATF) sold by the state-owned Nepal Oil Corporation (NOC) has been of poor quality.

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.

Govt slashes fuel prices

July 2, 2017 21:30 pm

KATHMANDU, July 2: The government on Sunday slashed the prices of petroleum products on Sunday. The new prices will come into effect from Monday.

NOC reluctant to cut fuel prices

June 5, 2017 00:20 am

KATHMANDU, June 5: Despite making profit in liquefied petroleum (LP) gas after nearly 18 months, the Nepal Oil Corporation (NOC) has said that was not bringing down price in the domestic market anytime soon.

NOC reluctant to cut fuel prices

May 22, 2017 01:00 am

KATHMANDU, May 22: Though price of petroleum products has fallen, the Nepal Oil Corporation (NOC) seems to be in no mood to cut down its price in the domestic market.

BIRGUNJ, Jan 25: Police arrested two fuel tank drivers red handed and took under control two tankers in Birgunj yesterday.

KATHMANDU, Jan 25: Prime Minister Pushpa Kamal Dahal has directed the officials concerned to maintain storage of petroleum products to meet the demand for 90 days.

CHITWAN, Jan 18: An empty fuel tanker en route to Bara from Kathmandu plunged into the Trishuli river at Chandibhanyjang last night leaving the driver unaccounted for.

KATHMANDU, Dec 24: National Consumer Forum has criticized Nepal Oil Corporation (NOC) -- the state-owned oil monopoly -- for increasing petroleum prices. The increase -- effective from December 18 -- was against the spirit and standards of the Auto-pricing Mechanism set up to fix fuel prices.

BIRATNAGAR, Dec 4: There lies no problem in the sale and distribution of petroleum products in the eastern region, said Eastern Regional Office of the Nepal Oil Corporation (NOC).

BIRATNAGAR, Dec 4: There are no problem in the sale and distribution of petroleum products in the eastern region, said Eastern Regional Office of the Nepal Oil Corporation (NOC).

A look at how fuel may have played a role in the crash of a charter flight approaching Medellin, Colombia, that killed all but six of the 77 people on board:

BIRATNAGAR, Nov 23: Supply of petroleum products from the Biratnagar-based regional depot of Nepal Oil Corporation (NOC) has come to a complete halt after the tanker drivers resorted to a strike with ‘irrelevant’ demands.