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2h ago

Petro-Perú Crisis Deepens With General Manager’s Resignation and 72-Hour Strike Call

Board approval is required before the resignation takes effect.

Pugna por el control de Petroperú para su privatización: enfrentamiento entre MEF y Minem precipita renuncia de la gerente general
Petro-Perú ya no puede más, pero la pugna por el poder al interior de la empresa se reaviva. | Petroperú

Overview

  • General manager Rita López submitted an irrevocable resignation after a reported confrontation involving Minem advisor Mario López Tejerina at Petro-Perú’s offices, according to sector sources.
  • The company must formalize any leadership change through a board decision and notification to the market regulator SMV.
  • The Finance Ministry publicly rejected claims of a tug-of-war with the Energy and Mines Ministry and had earlier denied that López intended to step down.
  • National union Fenatrapet announced a 72-hour strike starting January 19 demanding the resignation of Economy and Finance Minister Denisse Miralles.
  • The Labor Ministry ruled the strike filing improper on procedural grounds, while the union says it will remedy the defects; workers decry a perceived covert privatization and cite liquidity pressures, and reports suggest board president Elba Rojas may also have offered to resign.