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3408 results for "oil exports"
Nigeria just posted a massive economic win, with its trade surplus soaring 340% in early 2026 to reach $7.5 trillion naira. The West African nation is exporting more crude oil and buying fewer petroleum products from abroad.
Nigeria's economy is breaking free from oil dependence with non-oil exports surging 21% and over 1,000 small businesses now certified to sell their products worldwide. From cocoa to cashew, Nigerian entrepreneurs are finding new markets across five continents.
Nigeria just shattered its own export record, proving the country's economy is growing stronger beyond oil. The West African nation sold $6.1 billion worth of products from cocoa to cashews across 120 countries last year.
Argentina's massive Vaca Muerta oil field is transforming the country from an energy importer into an exporter, flipping decades of economic vulnerability on its head. Higher global oil prices now boost Argentina's economy instead of straining it.
Electric vehicles eliminated 1.7 million barrels of daily oil consumption in 2025, nearly matching what flows through one of the world's most critical shipping routes. This shift is saving countries billions while reshaping global energy security.
Saudi Arabia just gave ACWA Power the green light to export clean hydrogen and renewable electricity globally, turning the oil kingdom into a green energy powerhouse. The move puts the nation on track to become a major supplier of carbon-free fuel to Europe and beyond.
Mexico just turned four years of trade deficits into a $771 million surplus, with exports climbing to an all-time high of $664.8 billion in 2025. The export boom didn't just break records—it kept the entire economy out of recession.
Ghana doubled its export earnings in a single year, reaching a record $31.1 billion in 2025 and posting the country's strongest trade balance ever. Gold and cocoa led the surge, showing how smart economic planning can transform a nation's fortunes.
Nigeria's Export Promotion Council is transforming retirement from a time of anxiety into a launchpad for business success. The SOAR Initiative trains civil servants to become exporters, challenging decades of post-career uncertainty.
The world's oldest oil exporter is building massive wind farms and solar plants where oil wells once stood. Azerbaijan now plans to generate 38% of its power from clean energy by 2030.
Despite fears of Trump's tariff impact, Latin American countries just posted their best export numbers in history. China's growing appetite for commodities helped Argentina, Brazil, and Chile reach unprecedented trade milestones.
China just shattered its entire 2025 car export record with four months still to go, and over half of those vehicles are electric. The country is on track to export 9 million vehicles this year, proving massive global demand for affordable EVs.
The United Arab Emirates is leaving OPEC next month after nearly six decades, freeing itself to produce more oil and potentially lower global energy prices. The move could reshape Middle East oil markets and bring relief to consumers worldwide.
After witnessing environmental devastation during her dream internship at ExxonMobil, Amara Uyanna convinced Al Jazeera to create a virtual reality film showing the world what oil spills really do to Nigerian communities. Her documentary "Oil in Our Creeks" brought global audiences face-to-face with a 16-year-old girl's decade-long fight for justice after a pipeline burst destroyed her hometown.
Nigerian President Bola Tinubu just ordered all oil and gas revenues to flow directly into public accounts, ending a system where state oil companies kept billions for themselves. The sweeping reform aims to ease budget pressures across federal, state, and local governments.
Nigeria's crude oil production soared from 1.5 million to 2.2 million barrels per day in 2025, thanks to a military crackdown that achieved zero pipeline attacks. The turnaround marks a dramatic shift for a nation that has battled oil theft for decades.
Workers at Nigeria's largest independent oil producer returned to work after the company committed to wage negotiations. The quick resolution avoids production disruptions as Nigeria works to boost oil output.
Mexico just hit a milestone decades in the making: technology exports have surpassed automotive as the country's leading export sector. The shift reflects a massive 145% surge in computer equipment shipments as companies move production from China.
Thailand's Export-Import Bank is rolling out a $1.4 billion working capital program to help exporters weather global economic uncertainty. The initiative provides crucial liquidity support as businesses navigate trade tensions and currency fluctuations.
The United Arab Emirates is breaking free from OPEC after 58 years, a move that could mean more oil supply and relief for consumers worldwide. The exit weakens the oil cartel's grip on global prices and signals a new era of energy independence.
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