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NOC maintains old fuel rates despite fresh pricing from IOC

KATHMANDU: Nepal Oil Corporation (NOC) has decided to keep fuel prices unchanged. A meeting of the corporation’s board on May 31 decided to maintain the current retail prices. The decision comes despite receiving a new fuel price list from Indian…
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India fast-tracks E100 flex fuel rollout to reduce oil imports

KATHMANDU: India is preparing to speed up the rollout of E100 flex fuel as the country looks to reduce crude oil imports amid rising global energy supply concerns linked to the ongoing West Asia crisis. According to Indian media reports,…
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Fuel prices: impact of 50% tax cut explained

KATHMANDU: The Government of Nepal has decided to reduce taxes on petroleum products. The Cabinet meeting held on Tuesday approved a 50% cut in customs duty and infrastructure tax on petrol, diesel, and kerosene. The decision will be implemented after…