Malaysia’s state-owned energy giant Petroliam Nasional Berhad, better known as Petronas $6033.KL, is in advanced discussions with Commonwealth LNG, a U.S.-based liquefied natural gas developer, to secure a long-term LNG supply from its planned export facility in Cameron, Louisiana. The negotiations mark a strategic shift as Asian buyers increasingly seek stable access to North American energy amid rising global demand and geopolitical supply risks.

Leading liquefied natural gas (LNG) producer Venture Global LNG $VG has taken another significant step toward reinforcing the United States' position as a global leader in LNG exports. Federal regulators have approved a substantial capacity increase at the company's Plaquemines plant in Louisiana. This move not only enhances the facility's capabilities but also underscores the strategic importance of the U.S. on the global energy stage.