Peru’s Oil Giant Faces Uncertain Future as Debt Burden Grows

Petroperú, Peru’s state-owned oil company, finds itself in a precarious financial situation. The government continues to provide support despite mounting criticism. Prime Minister Gustavo Adrianzen recently defended new appointments to Petroperú’s leadership. He expressed hope for positive results from these changes. The company‘s troubles stem from its massive debt, largely due to the Talara refinery […]