Mexico’s energy sector continues to expand, with private firms investing more than $70 billion into the category. And despite economic and political uncertainty, companies such as Exxon Mobil, Chevron and China National Offshore Oil Corporation have won rights to invest in Mexican offshore oil fields, meaning the sector isn’t going away anytime soon.
Mexico to receive $70 billion in energy-sector investments
Mexico's president said Friday that private companies had committed to invest a total of $70 billion in the wake of a 2013 energy-sector overhaul that opened that long-state-controlled industry to private investment….
Read the full article at
If you’re considering entering the Latin American market and would like to learn more about the nuts-and-bolts of doing so, Thunderbird’s Developing Ventures in Latin America program may be of interest to you.