Opportunities in Mexico for European Oil and Gas Companies
Oil and Gas Conference: Projects in Mexico for European Energy Companies
We would like to thank all of the sponsors and participants at this year’s events. The events were organized by NovaOil based in Mexico City. Mexico Energy Partners was delighted to have co-sponsored this year’s event, in both Norway and Scotland, showcasing Mexico’s energy sector opportunities to private investors.
Mexico Energy Partners was formed by seasoned energy and finance professionals. We have a deep network of contacts in energy, project finance, and capital markets. Based in New York, we have over a decade of experience with energy sector advisory and consulting across the Americas.
Also in Mexico Energy Insights
The coronavirus crisis placed many businesses in the unusual position of being able to save significant amounts of money through improved energy efficiency during protracted shutdowns. There are specific best practices that firms can use to determine how much they can save, safely make the changes, and then reverse the process when business starts up again.
Specific programs were created to assist firms and households in making the transition to power-saving technology. The Eco-Crédito Empresaria is perhaps the most important for small and medium-sized businesses. This credit helps firms upgrade their equipment to more energy-efficient technology.
Businesses and other organizations use 76% of the energy produced in Mexico, and they are increasingly interested in procuring renewable energy. Over 1,500 firms already use renewables, and capacity keeps rising. Mexico reached over 24,000 MW of sustainable energy capacity in 2019. As the number of market participants rises and the depth of the market increases, renewable power becomes more reliable and cost-effective.