Tag:

oil

New Oil Concession in the Amazon Jungle and Indigenous Demands for Industry Changes

The Peruvian government is set to announce a new operator for an oil concession that sits in the basins of the Pastaza, Corrientes and...

Waorani Indigenous People Win Ruling Against Oil Companies In The Amazon

The Waorani people of the Amazonian Region of Ecuador filed a suit to demand protection from the government against oil extraction in the so-called...

Petroecuador Signs New Contract With Petroperú

“The Petroecuador Public Company signed a new contract for the purchase of crude oil, in the medium term, with the State Company Petróleos del...

Oldest And Largest Polluted Oil Field In Peru Will Be Cleaned Up

The Peruvian government is taking its first steps towards cleaning up the damage caused for half a century of wastewater and toxic substances dumped...

Peru Will Import 3,000 Million Dollars In Oil In 2018

The president of Perupetro, Seferino Yesquén, informed that the country is expected to import $3,000 million US dollars in oil because of economic losses. Last...

Petroperú Aims To Execute 30 Oil exploration Contracts By 2023

The president of Petroperu, Seferino Yesquén, said that the company seeks to reach 100,000 barrels by 2023, with 40 oil exploration contracts and 30...

Gas Prices Could Drop In June

If oil prices remain at current levels, the local fuel prices will decrease. After knowing that inflation in May was only of 0.04% in Peru,...

Vizcarra Cancels London-Based Tullow’s Oil Contracts

The contracts had never been signed and had been negotiated directly with the British company. Martín Vizcarra’s government canceled his predecessor’s decision to award five...