What will the 3.5 billion bonus corporation do without distribution?

November 1, Kathmandu. Every time the employees of Nepal Oil Corporation raise questions on the service facility taken from the organization due to the increase in the prices of petroleum products. This time too, with the increase in the price of petroleum, the employees are being criticized for selling oil at high prices to the… Continue reading What will the 3.5 billion bonus corporation do without distribution?

Don’t make hike in petroleum prices a political issue: Executive Director Paudel

18 October, Kathmandu. Surendra Kumar Poudel, Executive Director, Nepal Oil Corporation Limited has urged not to make the increase in the prices of petroleum products a political issue. In a conversation with the news agency Nepal on Thursday, Executive Director Poudel urged not to make the increase in the prices of petroleum products a political… Continue reading Don’t make hike in petroleum prices a political issue: Executive Director Paudel

Demand to roll back the price hike in petroleum products

13 October, Kathmandu. Six different student organizations on Friday demanded withdrawal of hike in prices on petroleum products. He said that the continuous increase in the prices of petroleum products by the corporation has drawn serious attention to the negative situation created in the lives of the people of Amnepali. The joint statement said that… Continue reading Demand to roll back the price hike in petroleum products

Oil Corporation in loss after 6 years

19 September, Kathmandu. Nepal Oil Corporation has gone into loss after 6 years in the financial year 2077/78. The corporation has said that it has incurred a loss of Rs 4 billion in the last financial year. The corporation was in continuous profit after the financial year 2071/72. The corporation has done transactions worth Rs… Continue reading Oil Corporation in loss after 6 years

Dailekh. Findings of a Chinese research on fuel and petrol in

August 24, Dailekh. It has been confirmed that there’s fuel and petrol in Dailekh. According to the settlement between the governments of Nepal and China, the report of the seismic survey carried out for the exploration of petroleum merchandise has confirmed that the land incorporates fuel and petrol. A report despatched by a Chinese technical… Continue reading Dailekh. Findings of a Chinese research on fuel and petrol in

Protest towards improve in gasoline costs by blowing conch

twenty seventh July, Kathmandu. Student organizations of the events concerned within the opposition alliance have protested the rise within the costs of petroleum merchandise by blowing conch shells on Sunday. On Sunday, scholar leaders and activists gathered in Maitighar and protested by blowing conch shells. Nepal Students Union, Akhil Krantikari, ANNISU close to Madhav Kumar… Continue reading Protest towards improve in gasoline costs by blowing conch

The authorities once more elevated the costs of petroleum merchandise

June 9, Kathmandu. Nepal Oil Corporation has as soon as once more elevated the costs of petroleum merchandise. The company has elevated the earlier promoting value of petrol and diesel/kerosene by Rs. Now the worth of petrol has reached Rs 127 and the worth of diesel has reached Rs 110. The company has determined to… Continue reading The authorities once more elevated the costs of petroleum merchandise

Consumer tax on petroleum merchandise, low cost on washing machines!

June 19, Kathmandu. Through the funds, the federal government introduced exemption in tax and excise on a dozen machines together with washing and washing utensils. The funds remained silent with a 5 to 10 per cent customs responsibility on petroleum excise tax, which is imposed on shoppers on account of larger costs, and excise responsibility… Continue reading Consumer tax on petroleum merchandise, low cost on washing machines!

Dailekh’s petroleum merchandise might be excavated inside two years

15 June, Kathmandu. The authorities plans to start out digging and storing petroleum merchandise in Dakhlekh throughout the subsequent two years. Announcing the funds, Finance Minister Vishnu Prasad Paudel stated that the mandatory funds has been allotted for the extraction of petroleum merchandise. The authorities is trying to find petroleum merchandise within the archive, however… Continue reading Dailekh’s petroleum merchandise might be excavated inside two years

The value of petroleum merchandise has gone up once more

March 22, Kathmandu. Nepal Oil Corporation has once more raised the value of petroleum merchandise. The earlier value of petrol and diesel / kerosene has elevated by Rs 2 per liter. Petrol is now priced at Rs 120 per liter and diesel / kerosene is priced at Rs 103 per liter. The company additionally elevated… Continue reading The value of petroleum merchandise has gone up once more