India’s Petronet to invest $2.6 bln for local expansion over 5 years

India’s top gas importer Petronet LNG (PLNG.NS) will invest $2.6 billion over five years to expand local infrastructure as investing in overseas projects is ‘not lucrative’ in the current liquefied natural gas (LNG) surplus market, its head of finance said. “Right now, investment in…

Carbon emissions from coal shipping remained strong in 2020 despite pandemic: Study opens in London

A new study shows that carbon emissions produced from seaborne coal exports stayed steady in 2020 despite the impact of Covid-19 on consumption. Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a study showed on Wednesday, although the…

Meme stocks AMC, GameStop poised to end strong week on a high

Shares of AMC Entertainment and GameStop gained on Friday, on track for a strong end to a spectacular week, which has already seen the movie theater chain’s market value double as retail traders stormed back into meme stocks. AMC’s shares were up 17.3% to $31.11 in U.S. premarket trading on Friday, while…