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Peru’s state oil firm looks to grow amid industry chaos
Posted by Colin Post on Feb 7, 2017 Leave a comment

Peru’s state oil firm looks to grow amid industry chaos

Petroperu may issue bonds to finance the $3.5 billion Talara refinery upgrade as the state oil firm looks to expand operations after key structural changes. Reuters reports that Peru’s finance  Full Article »

Peru’s state oil firm to beef up defense of Amazon pipeline
Posted by Jack Dylan Cole on Nov 4, 2016 Leave a comment

Peru’s state oil firm to beef up defense of Amazon pipeline

State oil firm Petroperu has declared emergency measures to protect its pipeline in the Amazon jungle following the 11th oil spill this year. The latest spill is the eight breach  Full Article »

Natives release 200 hostages in Peru’s Amazon after oil spill
Posted by Jack Dylan Cole on Oct 3, 2016 2 comments

Natives release 200 hostages in Peru’s Amazon after oil spill

Indigenous protesters on Saturday released over 200 international tourists and other hostages who were detained on a remote stretch of the Marañon River in Loreto following recent oil spills. Natives from the Saramurillo village in  Full Article »

Peru’s leftist party shows deft agility in policy reversals
Posted by Colin Post on Sep 8, 2016 Leave a comment

Peru’s leftist party shows deft agility in policy reversals

Peru’s leftist party, Broad Front, demonstrates its ability to adapt and be unpredictable at a time when Peruvian sport needs a role model to look up to. Two policy reversals  Full Article »

Peru state oil firm blames latest spills on vandals
Posted by Jack Dylan Cole on Aug 29, 2016 Leave a comment

Peru state oil firm blames latest spills on vandals

Peru state oil company Petroperu has said that the latest two oil spills accounting for over 4,000 barrels in the Amazon were caused by vandals. The firm said in a statement that  Full Article »

Oil troubles drag Peru’s economic growth below expectations
Posted by Colin Post on Aug 16, 2016 1 comment

Oil troubles drag Peru’s economic growth below expectations

Peru’s economic growth in 2016 is developing slightly lower than economists’ expectations due to a collapse in oil production and fishing. Peru’s statistical agency, INEI, released data showing the economy  Full Article »

Peru pipeline closed for six more months following third oil spill
Posted by Jack Dylan Cole on Aug 1, 2016 1 comment

Peru pipeline closed for six more months following third oil spill

Peru’s Northern Peruvian Pipeline will remain closed until at least 2017 after its third spill in five months. Peru’s government ordered the closure of the 40-year-old pipeline following two oil spills  Full Article »

State firm confirms another oil spill in Peru’s Amazon
Posted by Colin Post on Jun 26, 2016 1 comment

State firm confirms another oil spill in Peru’s Amazon

The Petroperu-operated Northern Peruvian Pipeline has suffered the third spill this year in an Amazon jungle region in the northeastern state of Loreto. Canal N first reported a possible spill  Full Article »

Group kidnappings an enduring negotiation tactic in Peru
Posted by Colin Post on May 12, 2016 Leave a comment

Group kidnappings an enduring negotiation tactic in Peru

The recent kidnapping of seven oil workers by an indigenous tribe in Peru’s Amazon highlights the increasing frequency of kidnapping in negotiating with the state. The Belen de Plantanoyacu and  Full Article »

Oil companies oppose ocean reserve in northern Peru
Posted by Colin Post on May 5, 2016 1 comment

Oil companies oppose ocean reserve in northern Peru

Peru is mulling the creation of a natural reserve to protect marine life in the coastal waters of the northern states of Piura and Tumbes. Peru’s environmental ministry and national  Full Article »