7 articles
Petroperu chairman Oliver Stark plans to sell a minority stake next year as the state-owned oil giant targets its first annual profit since 2021. The company seeks private investment and restructuring
Five US and European banks are interested in financing $2 billion in loans for Peru's state-owned oil firm Petroperu to maintain fuel output. The first $500 million tranche is scheduled for mid-June t
Peru's oil firm Petroperu secured authorization for $2 billion in state-backed loans to maintain fuel operations amidst high debt and geopolitical pressures. The government will cover contingent liabi
Peru authorized a $2 billion private bailout for state-owned oil firm Petroperu to resolve liquidity issues stemming from the costly Talara refinery project. The measure aims to prevent operational sh
Petroperu warns fuel production may halt within days without $2 billion in state-backed loans due to financial strain and high oil prices. Two refineries face shutdown risks as debt reaches $7.9 billi
Peru's state-owned refiner Petroperu requires over $2 billion in private funding to avoid shutting down its Talara refinery due to high global fuel prices. Without approval, operations face a complete
Peru approved an emergency decree to restructure state-owned oil firm Petroperu, inviting private capital to resolve its financial crisis. The strategy involves a $6.5 billion Talara refinery upgrade
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