CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Major survey for petroleum exploration in Dailekh reports 80 percent progress

CEO Tab by CEO Tab
January 23, 2024
in Prime News
0
Oil drops as investors gauge big chill impact on U.S. refineries, OPEC+ output rise
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Eighty percent work progress has been reported in a final survey for the exploration of petroleum products in Dailekh. This survey based in Bhirkhet, the project’s main point, is said to be decisive for the exploration. 

You might also like

Proposed Company Law Amendment May Force Large FDI Firms to Go Public

Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

For the final survey, 45 ropanis of land (one ropani is equivalent to 5476 sq. ft.) at Bhirkhet of Bhairabhi Rural Municipality-1 has been acquired and land owners have been already provided with compensation. Twenty seven families received the compensation for the acquired land (Rs 175,000 per ropani). 

This survey is said to be significant in determining the volume of raw petroleum products and gas.   

According to project chief for the Department of Mines and Geology, Dinesh Kumar Napit, studies so far suggest that Dailekh could be a major source for petroleum and gas.

The final drilling that will go underground up to four kilometers will be vital in determining the available volume of petro products.  The drilling is assisted by a giant machine brought from China, according to him. 

The exploration is underway here since September-October, 2019.  It is being jointly carried out by the Nepal Government, the Department and the China-based Geological Survey at the cost of Rs 2.40 billion.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Proposed Company Law Amendment May Force Large FDI Firms to Go Public

by CEO Tab
June 24, 2026
0
Proposed Company Law Amendment May Force Large FDI Firms to Go Public

The government has proposed major changes to Nepal’s corporate sector by making it mandatory for foreign direct investment (FDI)-based companies with investments of Rs 500 million or more...

Read more

Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

by CEO Tab
June 24, 2026
0
Bird Flu Detected in 82 Locations Across 11 Districts; Kathmandu Valley Emerges as Hotspot

Bird flu has been confirmed in 82 locations across 11 districts of Nepal, with the Kathmandu Valley emerging as the country's main hotspot, according to the Department of...

Read more

Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

by CEO Tab
June 24, 2026
0
Government Considers Allowing Companies to Issue Shares Below Rs 100 Face Value

The government is considering a major reform in Nepal's capital market by allowing public limited companies to issue primary shares with a face value lower than the current...

Read more

Nepal Partially Reopens Registration of Public Transport Vehicles

by CEO Tab
June 23, 2026
0
Nepal Partially Reopens Registration of Public Transport Vehicles

The Department of Transport Management (DoTM) under the Ministry of Physical Infrastructure and Transport has partially lifted its indefinite suspension on the registration of public transport vehicles. According...

Read more

Nepal’s Foreign Trade Expands by 14.78%, Trade Deficit Widens Further

by CEO Tab
June 23, 2026
0
Nepal’s Foreign Trade Expands by 14.78%, Trade Deficit Widens Further

Nepal's total foreign trade increased by 14.78 percent during the first eleven months of the current fiscal year 2025/26 (2082/83 BS), reaching Rs 2.172 trillion, according to the...

Read more
Next Post
Five-Star Hotel Annapurna in Durbarmarg set to resume operations after four-year hiatus

Five-Star Hotel Annapurna in Durbarmarg set to resume operations after four-year hiatus

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.