If the initiative moves forward, the British company will be the fourth oil major to announce investments in renewables in the country.
The firm is studying the possibility of starting a new well drilling campaign in its Polvo field next year.
The South American nation is seeking to step up cooperation with the countries to combat a severe economic crisis.
BNamericas takes a look at Mexico's five biggest hydrocarbons projects in terms of projected investments in them.
Petrobras signs agreement to sell Petrobras Oil & Gas B.V.
A bill introduced by the environmental minister is being discussed in the lower house. Will it succeed in resolving the judicalization and the politicization of projects?