EnergyNotableReportedDeveloping
4.6
Peru Congress bill seeks to block Petroperú privatization, restore tax credits
La República (Peru)LO·PE·about 14 hours ago
Fenpetrol, Peru's petroleum workers' federation, publicly opposes ProInversión's plan to promote seven heritage blocks, arguing it contradicts Petroperú's operational and financial recovery. The union also demands transparency on US$475 million in financing and notes the Constitutional Court has not yet ruled on the lawsuit against emergency decree DU 010-2025. This signals domestic political friction over the state oil company's restructuring, with potential implications for Peru's energy sector stability.