KATHMANDU, April 14: Nepal Oil Corporation (NOC) is implementing the enterprise resource planning (ERP) in its working mechanism from Friday. This is aimed at ending the existing leakage in the distribution of petroleum products.

KATHMANDU, March 17: The Nepal Oil Corporation (NOC) has yet again increased the prices of petroleum products. The price of petrol, diesel and kerosene has been increased by Rs 2 per liter each with effect from Wednesday.

KATHMANDU, Feb 21: The Nepal Oil Corporation (NOC) has enforced a work plan to check misappropriation of petroleum products through cross-border smuggling of the imported fuels.

KATHMANDU, Feb 18: Students affiliated to All Nepal National Free Students Union (ANNFSU), the student wing of the Nepal Communist Party (Dahal-Nepal faction), chant slogans against the hike in the prices of petroleum products during a sit-in protest in front of Nepal Oil Corporation office at Babarmahal, Kathmandu.

KATHMANDU, Feb 18: Nepal Oil Corporation (NOC) on Tuesday hiked the prices of petroleum products, the second time in a week, adding an extra financial burden to the consumers.

KATHMANDU, Jan 31: The Nepal Oil Corporation (NOC) has agreed to increase the commission paid to petroleum dealers. This comes after the dealers pressed NOC to increase the commission of diesel and petrol by about 36 paisa per liter. The dealers had stated that it was difficult to sustain their business with prior commission rate.

KATHMANDU, Jan 19: The Nepal Oil Corporation (NOC) has increased the price of petroleum products by 2 rupees per litre.

KATHMANDU, Jan 18: Nepal Oil Corporation (NOC), a state-owned monopoly trading enterprise of the country that imports and distributes petroleum products, has decided to halt the import of petroleum products from the Raxaul depot.

KATHMANDU, Jan 15: Petroleum Dealers’ Association has 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.

KATHMANDU, Jan 13: Stating that it has become difficult to run the business as the Nepal Oil Corporation (NOC) has not increased the commission for selling petroleum products for four years, the fuel distributing entrepreneurs have announced to increase the fuel price on their own, if NOC does not  increase the rate of commission for the oil distributors.

KATHMANDU, Jan 8: The Nepal Oil Corporation (NOC) has imported 100 million liters (100,000 kiloliters) diesel in a single month. After the operation of Motihari-Amlekhgunj oil pipeline, the corporation imported 100 million liters of diesel from Indian Oil Corporation (IOC) in December alone.

KATHMANDU, Jan 4: Nepal Oil Corporation (NOC) is preparing to distribute a bonus amount of around Rs 60 million to its employees. The corporation has stated that it has started allocating a bonus amount of Rs 58.5 million for the last two fiscal years even though it has been allocating the amount for years. As per the provision in the Bonus Act, 2074 (Fifth Amendment), one percent of the corporation’s net profit is going to be distributed as bonus.

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.

NOC hikes price of petroleum products

December 13, 2020 09:46 am

KATHMANDU, Dec 13: The Nepal Oil Corporation has increased the price of petroleum products. The increased price came into effect from 12AM, Sunday.

NOC hikes price of petrol by Rs 2

September 1, 2020 22:10 pm

KATHMANDU, Sept 1: Nepal Oil Corporation (NOC) has raised the price of petrol by Rs 2 per liter.

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.

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.

KATHMANDU, April 2: The Nepal Oil Corporation (NOC) has provided Rs 500 million to the fund established by the government to fight against COVID-19.

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.

Fuel prices down by Rs 2 per liter

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.

POKHARA, March 14: Nepal Oil Corporation (NOC) is planning to expand its fuel storage capacity at the Gagangaunda depot. According to the officials of the NOC, the current storage at the depot is not able to meet the demand and needs to be expanded to fulfill the current market demand.

Petrol, diesel prices down by Rs 2

February 18, 2020 08:50 am

KATHMANDU, Feb 18: The Nepal Oil Corporation (NOC) has reduced the price of petrol and diesel/kerosene each by Rs 2 per liter.

KATHMANDU, Dec 3: Prices of petrol, diesel and kerosene have gone up by Rs 2 per liter each.

NOC extending oil pipeline to Chitwan

October 27, 2019 07:45 am

KATHMANDU, Oct 27: Nepal Oil Corporation (NOC) is extending the Motihari-Amlekhgunj Petroleum Pipeline to Lothar,  Chitwan. The pipeline from Motihari to Amlekhgunj  became operational last month.

KATHMANDU, Sept 17: The Kathmandu District Court on Monday dismissed the claim of former managing director of Nepal Oil Corporation (NOC), Gopal Khadka, against Nagarik daily, the sister publication of Republica daily.

KATHMANDU, Sept 14: Jeevan Ram Shrestha has been elected the chairperson of Nepal Olympic Committee (NOC) defeating his rival Umeshlal Shrestha by 7 votes.

KATHMANDU, Sept 11: Nepal Oil Corporation (NOC) has reduced the price of some petroleum products by Rs 2 per liter.

NOC slashes petroleum price (with video)

September 10, 2019 13:51 pm

KATHMANDU, Sept 10: Nepal Oil Corporation has slashed the price of petroleum products.

LPG price down by Rs 25 per cylinder

August 8, 2019 08:05 am

KATHMANDU, Aug 8: Nepal Oil Corporation (NOC) has slashed the price of liquefied petroleum gas (LPG) by Rs 25 per cylinder. The petroleum monopolist, however, has increased the price of petrol by Re 1, and diesel and kerosene by 50 paisa per liter, respectively. The new prices came into effect from Tuesday itself.

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

Reimagining Nepal Oil Corporation

July 24, 2019 01:30 am

When necessary, NOC must leverage its strategic collaboration with Indian Oil Corporation to ensure that technological advancements are made for smooth supplies of fuel into our country

KATHMANDU, July 18: The Nepal Oil Corporation's (NOC) plans to distribute color-coded liquefied petroleum gas (LPG) cylinders in the market has apparently failed as it has seen discontinuation for the second time.

NOC revises petro-price

June 16, 2019 20:45 pm

KATHMANDU, June 16: Nepal Oil Corporation (NOC) on Sunday has revised downward prices of petroleum products effective from Sunday midnight.

NOC slashes petrol price

June 5, 2019 19:15 pm

KATHMANDU, June 5: Nepal Oil Corporation has slashed the price of petrol.

NOC hikes petro price

May 2, 2019 21:25 pm

KATHMANDU, Aug 19: Nepal Oil Corporation (NOC) has increased the prices of petroleum products on Thursday.

KATHMANDU, April 25: A pre-feasibility study carried out by the Institute of Engineering Consultancy Services (IOECS) has estimated the cost of building seven pipelines and storage facilities at Rs 41.15 billion.

BANKE, March 22: More than 140 petro product-laden tankers, which were obstructed by Indian Customs citing technical snag in online service, had entered Nepal last night.

Indian customs stops tankers

March 21, 2019 14:09 pm

BANKE, March 21: The Indian customs has stopped 140 tankers carrying petroleum products at the Rupaidiha customs, citing problem in online.

KATHMANDU, March 14: The Nepal Oil Corporation has said there has been no change in the pricing of petroleum products, for the time being, keeping interested of people in mind even though its price has surged in the international market.

KATHMANDU, Feb 12: Former chief of the Nepal Oil Corporation (NOC), Gopal Khadka, was released on bail on Tuesday after he deposited a bail of Rs 20.5 million at the Special Court, following hearings on a case of disproportionate accumulation of wealth registered at the court against him by the Commission for the Investigation of Abuse of Authority (CIAA).

KATHMANDU, Feb 12: The Special Court on Tuesday released former Executive Director of Nepal Oil Corporation Gopal Khadka on a bail of Rs 25 million.

NOC hikes price of petroleum products

February 2, 2019 19:43 pm

KATHMANDU, Feb 2: Nepal Oil Corporation (NOC) has increased the prices of petrol, diesel and kerosene on Saturday.

KATHMANDU, Jan 12: Domestic airlines have reduced fuel surcharge on passenger airfares following the reduction of aviation turbine fuel (ATF) price by the Nepal Oil Corporation (NOC).

ATF price slashed by Rs 10 per liter

January 11, 2019 08:34 am

KATHMANDU, Jan 11: Nepal Oil Corporation (NOC) has slashed the price of aviation turbine fuel (ATF) by Rs 10 per liter for domestic airlines.

KATHMANDU, Jan 11: The newly-appointed managing director of Nepal Oil Corporation (NOC), Surendra Kumar Paudel, has vowed to initiate reform actions in the state-owned enterprise.

KATHMANDU, Jan 10:  Nepal Oil Corporation (NOC) has reduced the price of aviation fuel for the  domestic airlines. The price for aviation fuel has come down by Rs.10 per liter with the new adjustment.

Jan 8: 6 things to know by 6 PM today

January 8, 2019 18:00 pm

Your daily dose of missed important news of the day.

KATHMANDU, Jan 8: The Commission for the Investigation of Abuse of Authority (CIAA) on Monday filed a corruption case against former Nepal Oil Corporation executive director Gopal Khadka on the charge of accumulating more than Rs 186.6 million in unexplained wealth.

KATHMANDU, Jan 7: The Commission for the Investigation of Abuse of Authority (CIAA) has filed a case of illegal wealth amassing against former managing director Gopal Khadka on Monday.

NOC revises petro-price

January 2, 2019 19:56 pm

KATHMANDU, Jan 2: Nepal Oil Corporation (NOC) on Wednesday has revised downward prices of petroleum products effective from Wednesday midnight.