North America’s LNG Export Growth
North America’s liquefied natural gas export capacity could more than double by 2029, driven by major U.S. projects under development along the Gulf Coast.
Louisiana Gov. Jeff Landry on LNG Industry
“We’re beating Texas, that’s important”: Louisiana Republican Gov. Jeff Landry discusses the state’s involvement in the liquified natural gas industry in a “fireside chat” at the Americas LNG Summit & Exhibition.
GE Aerospace Q3 Performance
GE Aerospace is cementing its rank atop the list of publicly traded Western aerospace and defense companies, with its latest third-quarter 2025 results providing another “beat-and-raise” validation that sets up the engine and propulsion OEM to be a dominant investor choice in the foreseeable future. GE Aerospace reported total revenue of $12.2 billion for the third quarter ended Sept. 30, up 24% from a year before.
Beacon Wind Project Cancelled
A joint venture between BP and JERA announces it will not proceed with Beacon Wind, a planned 1.2-gigawatt wind farm off the Massachusetts coast: “We see no viable path.”
Eos Energy Relocates and Expands
Battery storage company Eos Energy announces plans to invest $353 million to relocate its headquarters from New Jersey to Pittsburgh, and expand its operations in Pennsylvania.
Battery Funding Cancelled
The Trump administration cancels more than $700 million in funding for battery and manufacturing projects, including $316 million intended to help battery recycler Ascend Elements build a Kentucky factory.
World
China Overtakes U.S. in German Trade
China overtook the U.S. as Germany’s largest trading partner in the first eight months of 2025, regaining the top spot as higher tariffs weighed on German exports to the United States, preliminary data from the German statistics office showed. German imports and exports with China totalled 163.4 billion euros ($190.7 billion) from January to August, while trade with the U.S. amounted to 162.8 billion euros, according to Reuters calculations.
Automakers Race for Rare Earths
Global automakers are scouring the globe for crucial rare earths ahead of looming Chinese export controls, with executives worried they could lead to parts shortages and plant closures.
Rare earth magnets power motors in car parts such as side mirrors, speakers, oil pumps, windshield wipers and fuel leakage and braking sensors. They play an even bigger role in EVs.