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 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, 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.
DAILEKH, Jan 23: The seismic survey has begun under the petroleum exploration underway in Dailekh district. With the petroleum exploration coming near to success, the seminal task of seismic survey has been stepped up.
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, March 24: Kota Dhuku Petrol Pump is just a few meters from Balaju Chowk while coming from Sorhakhutte. Two fuel dispensers, for petrol and diesel, adjoin the footpath. There is no compound wall. The fuel pump’s containers are on the ground floor of a four-storey house.
PYUTHAN, June 28: Petroleum pump operators in the district have filed a complaint at the police, stating that fuel theft during transport was on the rise. They said that supplies that pumps receive are lower than what the Nepalgunj depot of Nepal Oil Corporation (NOC) dispatches.
KATHMANDU, June 24: Petroleum distributors in Kathmandu Valley have demanded that the Nepal Oil Corporation (NOC) provide them full compensate for technical loss of around 100 liters of fuel per chamber (of 4,000 liters) during transportation.
KATHMANDU, Jan 20: Nepal Oil Corporation (NOC) has warned the petrol pumps all over Nepal that it will stop distributing fuel to them if they fail to abide by the regulations as per the Dealers Bylaw (Sixth Amendment) 2073.
RAUTAHAT, June 9: The protesters have hurled a petrol bomb at a moving truck heading towards Kathmandu from Mirchaiya carrying mangoes.
Driver Balram Bhandari and assistant driver Basanta Magar have been injured in the incident.