Power Supply

             
  • NEA: 4711 MWh
  • Private Sector: 4036 MWh
  • India: 10665 MWh
  • Tripping: 0 MWh
  • Demand : 19412 MWh
  • Soure : NEA

Petroleum

Oil prices fall as U.S. crude output hits record 12 million bpd

Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets. International Brent crude futures were at $66.87 per barrel at 0326 GMT, down…


Bottlers warn to halt LPG supply from March 1

Bottlers of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, have announced a series of programmes to protest the “government’s inability” to resolve problems facing the LPG industry, including failure to substitute Indian LPG bullets with Nepali ones to transport cooking gas from India to Nepal. The Nepal LPG…


NOC hikes price of petroleum products

Nepal Oil Corporation (NOC) has increased the prices of petrol, diesel and kerosene on Saturday. According to the press statement released on Saturday, the price of all three petroleum products has been increased by Rs 2 per liter. The newly-increased price will come into effect from Saturday midnight. Now petrol…


Two oil pumps found guilty of tampering

Nepal Bureau of Standards and Metrology has barred two petrol pumps based in Kathmandu, Maitidevi Oil Stores and Chuchhepati Oil Stores, from conducting their business after they were found tampering the official seal imposed on fuel dispensers of the gasoline stations. According to the bureau, the petrol pumps were found…


China roped in for oil and gas drilling

The government has decided to allow China to carry out exploration of natural gas and petroleum in different parts of the country, including the southern Tarai plains, beginning natural gas exploration from Dailekh and Palpa districts in the first phase. The Cabinet on Thursday took the decision in this effect. Minister for Communications…


Oil falls to $53 on economic worries, surging supply

Oil fell to about $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand. Russian production hit a post-Soviet record in 2018, figures showed on Wednesday. Earlier this week, official data showed…


NOC revises petro-price

Nepal Oil Corporation (NOC) on Wednesday revised prices of petroleum products effective from Wednesday midnight. Birendra Goit, spokesperson for the NOC, said the price of petrol, diesel and kerosene has come down by Rs 2 per liter. With the new price adjustment, consumers can buy petrol for Rs 108 per liter whereas diesel and kerosene will cost…


Why ethanol is not a suitable fuel for automobiles

The Indian government is accelerating its programme of blending ethanol with petrol for two reasons: Our petroleum import bill is continuously increasing (we import more than 85 per cent of all our requirements) and two, we have surplus of sugar in India, which has no takers in the export market.…


Amlekhgunj oil pipeline to come online in March

The construction of the Amlekhgunj-Motihari oil pipeline is 65 percent complete, and Nepal Oil Corporation expects it to start transporting fuel from India to Nepal by March. According to the state-owned oil monopoly, 24 km of the 36.2 km of pipeline that lies within Nepali territory has been completed. The…


NOC revises petro-price

Nepal Oil Corporation (NOC) on Tuesday has revised downward prices of petroleum products effective from Tuesday midnight. Birendra Goit, the spokesperson of NOC, said the price of petrol, diesel and kerosene has come down by Rs 2 per liter. Radio Nagarik Covered Now consumers can buy petrol at Rs 110…


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