Starting Wednesday (January 20, 2016), Nepal Oil Corporation (NOC) will be distributing fuel to motorbikes and scooters for three days.
Once the news about the Indian Embassy in Kathmandu requesting for fuel from the Nepal Oil Corporation, the social media went on a frenzy and started a campaign to donate oil to the embassy.
On April 29, Tuesday, 21 Nepal Oil Corporation (NOC) staff were arrested in Rupandehi when they were attempting to steal 17,000 litres of petrol imported from India.
Three persons have been killed and seven others injured in a bomb explosion in front of the Nepal Oil Corporation office at Babarmahal in the capital on Monday afternoon.
The government on January 18, Wednesday hiked petroleum prices by an average of over 11 percent, burdening the general public with biggest-ever oil price hike in monetary terms in recent history.
According to a source at the Nepal Oil Corporation (NOC), short supply of petroleum will be seen for further few days although the government has allocated Rs. 1.5 billion loan from the Employees´ Provident Fund to continue supply.
Bowing down to the pressure from the business community, the Nepal Oil Corporation (NOC) on December 27, Tuesday nullified the double price sytem imposed on the bulk purchase of diesel and kerosene.