US EditionCongressmen Present Bills to Maintain the Golleries in Petroperú
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On December 31, 2025, the government published a decree of urgency (DU) that provides for the reorganisation of Petroperú, under the umbrella of Proinvestment, because it is in a serious financial situation. Between January and November 2025, the lines of credit to which the company acceded were reduced from $ 2,599 million to $ 402 million.According to the DU, the oil company should not continue to ask for more resources from the state. Between…
The government approved a property reorganization of Petroperú, which has received approximately $5.3 billion directly or indirectly from the state over the past three years
Peru Seeks that the Private Sector "Takes the Risks of Petroperú's Management" without Privatization
The restructuring of the Peruvian state oil company Petroperú seeks that the private sector "takes the risks of management", without privatizing the oil company, said on Wednesday the Peruvian Private Investment Promotion Agency (Proinvestment). "The idea is that the private sector assume the risks of management and not that these fall on the resources of the citizens", declared the director of the Petroperú restructuring project in charge of Pr…
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