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GE Gas Power and Shell sign Development Agreement to collaborate on Liquefied Natural Gas (LNG) Decarbonization

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3 years ago

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GE Gas Power and Shell

Under this agreement, GE will accelerate development for the use of 100% hydrogen as a low carbon fuel for gas turbines

ATLANTA, United States of America, November 7, 2022/APO Group/ — 

GE (www.GE.com) will collaborate with Shell to develop potential lower-carbon solutions aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world; Under this agreement, GE will accelerate development for the use of 100% hydrogen as a low carbon fuel for gas turbines; Focus will be on hydrogen solutions for B&E class gas turbines used in LNG and power generation applications.

GE Gas Power (NYSE: GE) and Shell (https://www.Shell.com) Global Solutions, a pioneer in liquefied natural gas (LNG) for more than 50 years, announced today they have signed a development agreement to pursue potential pathways aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world. With global LNG demand projected to almost double by 2040, decarbonization is crucial in helping the company meet the world’s growing energy needs.

The largest source of emissions in an LNG facility stems from firing natural gas in the power generation and mechanical drive gas turbines. Therefore, one of the possible paths to decarbonize LNG production is to use hydrogen as a low carbon fuel in these engines. However, the source and nature of this fuel matters as well, and Shell’s Blue Hydrogen Process is a leading technology that can deliver the lowest carbon intensity fuel of its kind, with technologies and building blocks tested and commercially proven at a large scale, that have been used in various industries for many decades.

“Having worked on hydrogen combustion technologies for many years, we are conscious that progress in this area will be the result of careful, dedicated research and collaboration by industry leaders and today’s announcement is a model of this approach,” said John Intile, Vice President, Engineering at GE Gas Power. “We look forward to working in cooperation with Shell to advance this crucial body of work. Together, we’re confident our combined strengths of Shell, GE, and Baker Hughes, who is exclusive distributor of certain heavy duty gas turbines and services in the oil & gas segment, can accelerate the deployment of pragmatic and impactful solutions towards high-hydrogen capabilities in these gas turbines fleets resulting in a significant reduction of carbon emissions and water utilization globally.”

We look forward to working in cooperation with Shell to advance this crucial body of work

The deep decarbonization of LNG export facilities presents both technical and economic challenges, which need to be addressed to realize such ambition. “Becoming a net-zero emissions energy business means we need to explore a range of avenues that have the potential to help us, our partners and customers reduce emissions” said Alexander Boekhorst, VP Gas Processing and Conversion Technology at Shell. “We have continued to innovate and improve the value proposition of LNG using technology, and we look forward to collaborating with GE on this important initiative”.

GE’s B&E class heavy-duty gas turbines can already operate today on 100% hydrogen emitting up to 25ppm NOx with the use of water in diffusion combustors. As part of this development agreement, GE is targeting gas turbine technology with the capability to operate on 100% hydrogen without the use of water while still maintaining NOx emissions.

The new DLN combustor technology is intended to become the backbone of new retrofittable system solutions for low-carbon operation of gas turbine while providing the reliability and availability required for LNG facilities. Dry operation also represents significant savings in water use and conservation: up 32,000 liters of water per hour are saved using DLN systems versus comparable alternatives.

DLN combustors are more efficient and do not use water as a diluent, thus offering LNG operators the ability to lower carbon and conserve water in their operations. In future, the developments to the DLN combustion technology could be installed on either new or existing 6B or 7E gas turbines. This would help reduce carbon emissions in industrial applications and LNG operations, particularly where water usage is challenging.

From desert climates to the tropics to the arctic cold, the B and E Class heavy-duty gas turbines provide essential power and perform in a vast number of duty cycles and applications in extreme climate conditions where reliability is key. These turbines can use more than 50 types of fuel— almost the entire fuel spectrum, including hydrogen —and can even switch fuels while running under full load.

Distributed by APO Group on behalf of GE.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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2 days ago

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February 6, 2026

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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2 days ago

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February 6, 2026

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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2 days ago

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February 6, 2026

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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