Peru - Nyland South Energy

Perupetro Board Sees Leadership Change Amid Financial Strains; Petroperú Advances Privatization of Talara Refinery

The Ministry of Economy and Finance has appointed Carlos Alfredo Virgilio Niño Neira Ramos as the new chairman of the Perupetro board, replacing Carlos Isaac Bianchi Ramírez amid mounting financial challenges facing the state energy firm. Concurrently, ProInversión confirmed the commencement of privatization efforts for Petroperú’s Talara refinery through a public-private partnership, signaling significant restructuring […]

Perupetro Board Sees Leadership Change Amid Financial Strains; Petroperú Advances Privatization of Talara Refinery Read Post »

Infrastructure, Markets, Peru

Peru Seeks Extension of TGP’s Southern Gas Pipeline to Tacna Amid Private $2 Billion Investment

Peru’s government is requesting Transportadora de Gas del Perú (TGP) to extend its planned 923-kilometer southern gas pipeline from Humay (Ica) to Ilo (Moquegua) further to the Tacna region. The project, backed entirely by private investment, aims to expand natural gas infrastructure in the south, potentially accelerating industrial growth, creating over 20,000 construction jobs, and

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Economy, Infrastructure, Peru

Peru Commits Over $8 Billion to Port Infrastructure Amid Rising US-China Rivalry and Mining Sector Growth

Peru plans to invest more than $8 billion in port infrastructure over the next two decades, reinforcing its position as a key Asian trade gateway. This comes amid heightened geopolitical tensions over Chinese investment and increasing momentum in mining and related sectors that support this expansion. Peru’s National Port Authority projects an ambitious commitment exceeding

Peru Commits Over $8 Billion to Port Infrastructure Amid Rising US-China Rivalry and Mining Sector Growth Read Post »

Economy, Industry, Peru

Peru’s Inflation Hits Eight-Year Low in 2025 Amid Stable Price Environment; Plus G Expands EV Fleet in Mining Sector

Peru closed 2025 with the lowest inflation in eight years, maintaining price stability within the central bank’s target range, reinforcing macroeconomic confidence. Meanwhile, local electric vehicle manufacturer Plus G is expanding its presence in the mining sector, signaling growing adoption of sustainable transport solutions in heavy industry. The Instituto Nacional de Estadística e Informática (INEI)

Peru’s Inflation Hits Eight-Year Low in 2025 Amid Stable Price Environment; Plus G Expands EV Fleet in Mining Sector Read Post »

Markets, Oil & Gas, Peru

UNNA Energía expands oil and gas operations in Peru’s Talara basin with multi-million investments

UNNA Energía, part of AENZA, is advancing significant operational enhancements in Peru’s oil and gas sector through approved environmental permits for expansions in Lots III and IV in the Talara basin. With investments exceeding US$ 40 million in Lot IV and over S/ 57 million in Lot III, UNNA is optimizing hydrocarbon production infrastructure to

UNNA Energía expands oil and gas operations in Peru’s Talara basin with multi-million investments Read Post »

Oil & Gas, Peru, Politics

Peru’s Government Moves Forward with Petroperú Reorganization Amid Privatization Fears and Labor Opposition

Peru’s administration under interim president José Jerí enacted a decree initiating the patrimonial reorganization of Petroperú, triggering broad opposition from labor unions and political sectors who denounce it as a disguised privatization. The government entrusts the restructuring process to ProInversión, which will evaluate asset segmentation and management models within 60 days, a move that could

Peru’s Government Moves Forward with Petroperú Reorganization Amid Privatization Fears and Labor Opposition Read Post »

Oil & Gas, Peru, Politics

Peru’s Government Advances Petroperú Restructuring Towards Partial Privatization Amid Fiscal Crisis

Peru’s government enacted a decree of urgency on December 31, 2025, authorizing a comprehensive patrimonial and operational reorganization of Petroperú S.A., aiming to restore financial viability and ensure uninterrupted nationwide fuel supply. The move enables segmentation of Petroperú’s assets into transferable blocks, including the strategically significant Talara Refinery, placing ProInversión at the helm to promote

Peru’s Government Advances Petroperú Restructuring Towards Partial Privatization Amid Fiscal Crisis Read Post »

Peru, Politics, Raw Materials

Leadership Shift at INGEMMET Raises Questions Amid Institutional Modernization and Market Expansion

The recent executive decision ending Luis Humberto Chirif’s tenure as President of Peru’s INGEMMET occurs at a critical moment of institutional transformation focused on expanding mining exploration capacity and modernizing mineral research infrastructure. This leadership change could disrupt ongoing initiatives supported by international partners that aim to increase investment returns in Peru’s strategic mining sector.

Leadership Shift at INGEMMET Raises Questions Amid Institutional Modernization and Market Expansion Read Post »

Markets, Peru, Wind

Acciona Energía completes $256 million sale of San Juan de Marcona wind farm in Peru to Luz del Sur

Spanish renewable energy company Acciona Energía finalized the sale of the 135.7 MW San Juan de Marcona wind farm in Peru to Peruvian utility Luz del Sur S.A.A. for $256 million (218 million euros). T… Spanish renewable energy company Acciona Energía finalized the sale of the 135.7 MW San Juan de Marcona wind farm in

Acciona Energía completes $256 million sale of San Juan de Marcona wind farm in Peru to Luz del Sur Read Post »