A multi-functional fuel nozzle (10) for a combustion turbine engine is provided. An annular fuel-injecting lance (12) may include a first fluid circuit (14) and a second fluid circuit (16). One of the first and second fluid circuits during a liquid fuel operating mode of the combustion turbine engine may convey a liquid fuel. The other of the first and second fluid circuits may convey a selectable non-fuel fluid. An atomizer (30) is disposed at the downstream end of the lance. The atomizer may have a first ejection orifice (32) responsive to the first fluid circuit to form a first atomized ejection cone (34), and a second ejection orifice (36) responsive to the second fluid circuit to form a second atomized ejection cone (38). The first and second ejection cones (34, 38) formed with the atomizer may be concentric cones that intersect with one another over a predefined angular range.