PEMEX to increase oil production by the year 2024

Mexican state oil company Pemex is attempting to increase oil production by 1 million barrels per day (bpd) by the end of 2024 by developing existing oilfields and others yet to be discovered, the company’s chief executive said. If the goal is achieved, the heavily indebted company will surpass President Andrés Manuel López Obrador’s goal More...

by sanmigueltimes | Published 4 mins ago
By sanmigueltimes On Thursday, May 23rd, 2019
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‘Hot Sale’ offers online deals & discounts in Mexico (May 27-31)

From May 27-31, 2019, some of Mexico’s largest online retail companies, e-commerce and travel sites will participate in this year’s “Hot Sale” event, the country’s extended version More...

By sanmigueltimes On Thursday, May 23rd, 2019
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IKEA plans to open first Mexico store in 2020

MEXICO CITY, May 22 (Reuters) – IKEA, the world’s largest furniture seller, will open its first store in Mexico next year and plans to launch other stores around the country, the company said on Wednesday, More...

By sanmigueltimes On Wednesday, May 22nd, 2019
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AMLO’s government flirts with economic suicide – Editorial

The architect of the Argentine debacle advises the government of López Obrador The arrival of Andres Manuel Lopez Obrador to the presidency of Mexico unleashed the worst fears of financial analysts, as the More...

By sanmigueltimes On Wednesday, May 22nd, 2019
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Guanajuato is still attracting FDI

“Despite the uncertainty that the Federal Government is generating with the cancellation of the Mexico City Texcoco Airport and other actions taken by the AMLO administration, Guanajuato expects to attract More...

By sanmigueltimes On Sunday, May 19th, 2019
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Tensions with China help U.S. see importance of North American trade (Jesus Seade)

MEXICO CITY (Reuters) – Tense U.S.-China relations are helping the United States understand the importance of a North American trade bloc, a senior Mexican diplomat said on Friday May 17th, after negotiating More...

By sanmigueltimes On Sunday, May 19th, 2019
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Finally, the U.S. lifts tariffs on Canadian, Mexican metals

WASHINGTON/OTTAWA (Reuters) – The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative More...

By sanmigueltimes On Wednesday, May 15th, 2019
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Mexico has bad news for Donald Trump

Secretary of Economy, Graciela Márquez, announced that Mexico is preparing a list of US products to apply tariffs in retaliation for steel taxes fixed in 2018. “The Mexican government is finalizing the More...

By sanmigueltimes On Monday, May 13th, 2019
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Privacy reminder to small business owners

As a small business owner, who may lack the resources for dedicated IT support, you’ll understand the importance of choosing technology that runs smoothly and efficiently with the minimum of intervention More...

By sanmigueltimes On Saturday, May 11th, 2019
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Investors Raise Concerns as AMLO Hands Refinery Project to Pemex

According to Bloomberg, investors are shaking their heads after Mexico President Andres Manuel Lopez Obrador scrapped a bid round for an $8 billion refinery, instead handing the project to troubled Petroleos Mexicanos. Outside More...