Peru's State Oil Company PetroperĂș Receives Financial Lifeline Amid Crisis

INSUBCONTINENT EXCLUSIVE:
rescue plan
However, the financial support comes with conditions
Some departments have already been merged, and workers have been invited to leave voluntarily.The crisis stems partly from technical issues
The Flexicoking Unit, capable of processing heavy crude oil, has been inoperative since early 2024 due to failures.This has significantly
the company should no longer need government support