Nepal Oil Corporation (NOC) has reduced the retail prices of petroleum products following mounting criticism over its reluctance to adjust domestic fuel prices despite a sharp decline in international crude oil prices.
Nepal's private sector has achieved a success on installation of 220 kV Markichok-Bharatpur transmission line under the Marsyangdi Corridor, marking construction of the electricity supply infrastructure for the first time in the country.
The Securities Board of Nepal (SEBON) has finally appointed a new chairperson after the position remained vacant for more than two months, which led to an uncertainty among stock market investors.
Oil, gas and hydrocarbons will continue to play the crucial role in the development of the global economy and in ensuring the well-being of nearly all countries for a long time to come, for many decades Q:We believe that oil is an instrument of political manipulation. The largest ever energy crisis of 1973 was ...
24 October, 2024With a growing call for introducing measures to tackle the challenges of climate change including global warming, the concern for the alternative energy has been raised to switch to green energy from traditional energy sources. The key pillars of...
18 April, 2024Odd Hoftun was born in an engineering family, in Norway, in the late 1920s. He grew up around a power plant which his father operated. He had early exposure to power plants and was aware of the multiple positive impacts they could have on rural communities. Norway was a poor and devastated country in the aftermath of the Second World War. Odd was witness to how...