Venezuela open to barter trade with India to boost oil sales

Venezuela is open to barter-like payments from India to boost oil sales to the world’s third-biggest oil consumer, the South American country’s oil minister Manuel Quevedo said on Monday. Venezuela buys a slew of products including medicines from India, and it is looking for alternative payment mechanisms after application of the latest stringent U.S. sanctions. […]

Energy supply and consumption patterns are changing to tackle climate change: PM Modi

Prime Minister Narendra Modi said on Monday that patterns of energy supply and consumption are changing globally and countries are coming together to tackle climate change. There are signs of convergence between cheaper renewable energy, technologies and digital applications, he said while addressing the inaugural session of 13th international oil and gas conference Petrotech 2019. […]

Restoration work continues along Jammu-Srinagar highway

The restoration work along the Jammu-Srinagar national highway continued for the sixth straight day on Monday as fresh landslide hampered the efforts to reopen the only all-weather road linking Kashmir with rest of the country, officials said. A massive landslide hit the 270-km-long highway at Maroog on Sunday afternoon shortly after 150 Srinagar-bound stranded vehicles […]