In this context, the market for petroleum products is so sensitive that fluctuations in the international market price may not take long to make a profit or loss in crores of rupees. Nepali private sector entrepreneurs are not in a position to take this risk.

KATHMANDU, Nov 15: Minister for Energy, Water Resources and Irrigation Pampha Bhusal said that priority will be given to the policy of reducing the use of vehicles, factories and materials that use petroleum products.

KATHMANDU, Nov 10: The government has again hiked the prices of petroleum products including cooking gas.

NOC hikes prices of petroleum products

August 23, 2021 21:54 pm

KATHMANDU, August 23: Nepal Oil Corporation(NOC) has hiked the prices 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, 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 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.

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.

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.

KATHMANDU, March 20: As the novel coronavirus spreads across the globe including South Asia, the Nepal government is thinking about closing all borders crossing points with the southern neighbor.

KATHMANDU, March 19: A numbers of gasoline sellers have been found to be involved in the black marketing of the petroleum products taking undue advantage of soaring demand for essentials amid ongoing threat of  COVID-19 and weak government monitoring.

Fuel availability normal

March 18, 2020 12:45 pm

BIRATNAGAR, March 18: Petroleum Dealers Association Koshi chapter has urged consumers not to go after rumours of a shortage of fuel. The Association has also requested consumers not to hoard petroleum products, more than required, based on the baseless rumour that the border points with India would shut down.

KATHMANDU, March 16: Most of the private petrol pumps in the Kathmandu Valley wore a deserted look, while those operated by Nepal Army, Nepal Police and Sajha Cooperative saw long queues on Sunday despite the government claim that there would be no shortage of petroleum products.

KATHMANDU, Feb 28: The government has decided to raise infrastructure development tax being levied on petroleum products by Rs 5 per liter.

KAILALI, Jan 26: The Sonaha people have been managing their livelihood by searching gold in the Karnali River that flows from Tikapur of Kailali and Rajapur of Bardiya. Their livelihood depends upon gold panning in the banks of the river. Similarly, Sudurpashchim province has immense possibility of petroleum products.

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%.

Sept 10: 6 things to know by 6 PM today

September 10, 2019 18:00 pm

Your daily dose of missed important news of the day.

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.

BUTWAL, July 30: Vehicles and petroleum worth over Rs 47 billion was imported from the Bhairahawa customs in the last Fiscal Year 2018/19.

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.

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.

NOC revises petro-price

December 3, 2018 20:09 pm

KATHMANDU, Dec 3: Nepal Oil Corporation (NOC) on Monday has revised downward prices of petroleum products effective from Monday midnight.

KATHMANDU, Nov 30: Trade deficit of the country increased by a whopping 40.3 percent to Rs 454.47 billion in the first four months of Fiscal Year 2018/19.

NOC hikes fuel prices

September 18, 2018 08:39 am

KATHMANDU, Sept 18: Nepal Oil Corporation (NOC) has increased the prices of petrol, diesel, and kerosene from Monday night, September 17, yet again. This is the fourth hike after the KP Sharma Oli led government came into power.

KATHMANDU, Sept 15: India’s undeclared economic blockade on Nepal in 2015 which completely obstructed the passage for petroleum products and other essentials to Nepal inspired three eighteen-year-olds to conduct a test in search of an alternative to petrol.

KATHMANDU, Aug 21: After Nepal Oil Corporation(NOC) hiked the price of aviation fuel, the air tickets have become more expensive with domestic airlines.