Stories Tagged 'Nepal oil corporation'
Nepal Oil Corporation (NOC) has planned to issue shares to the general public in the next fiscal year in a bid to increase its capital base. The state-owned oil monopoly has aimed to boost its paid-up capital to Rs20 billion from the existing Rs290 million.
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Nepal Oil Corporation (NOC) is on track to make a profit after being in the red for four consecutive months, thanks to a drop in global oil prices. The state-owned oil monopoly has projected a profit of Rs120.5 million for April.
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Nepal Oil Corporation (NOC) will start distribution of Euro IV standard petroleum products throughout the country by Wednesday.
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Nepal Oil Corporation (NOC) and Indian Oil Corporation (IOC) on Monday signed a new petroleum supply agreement that is expected to smoothen supplies of petrol, diesel and cooking gas from India.
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The Indian Oil Corporation (IOC) has agreed in principle to provide technical support to the Nepal Oil Corporation (NOC) for building petroleum storage plants in all seven provinces.
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Calls for the formulation of a Petroleum Act have intensified to control malpractices in the liquefied petroleum gas (LPG) business. Lack of laws has prevented Nepal Oil Corporation (NOC)
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