Economy & Business - November 2026

PERU: Is Petroperú emerging from its crisis?

ANDEAN COUNTRIES by Abbi Dicker 12 November 2026 Modified: 12 November 2026 4 views

Peru’s Finance Minister Elmer Cuba declared in late October that state-owned petroleum company Petroperú is out of crisis. The debt-ridden company has been in dire straits for several years after modernisation works at its Talara refinery went heavily over budget.

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