Overview
- PetroPerú’s shareholders named Luis Alberto Canales Gálvez as board chair and appointed Elba Rosa Rojas Álvarez de Mares, Jesús Valentín Ramírez Gutiérrez and Oscar Gerardo Zapata Alcázar as directors.
- Resignations by Fidel Augusto Moreno Rodríguez and three other directors were accepted effective November 15, with the changes reported to the securities regulator.
- Supreme Decree No. 022-2025-EM extends PetroPerú’s operation of Lote Z-69 for up to six months or until a new operator is selected.
- The decree sets a minimum 3,045 barrels per day of fiscalized output in the final month, revises the royalty scheme, and authorized Perupetro to sign the addendum, which both companies executed.
- Geologist Carlos Bianchi Ramírez was appointed president of Perupetro’s board, and the Economy Ministry said it will relaunch the operator selection and pursue concessions and asset measures without new state bailouts.