Peru approves emergency overhaul of state oil firm Petroperu
The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.

The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.



![A demonstration against the Contras, the US intervention in Nicaragua, Central America and Honduras [File: Rick Maiman/Sygma via Getty Images]](/wp-content/uploads/2025/12/GettyImages-1039970092-1764842063.jpg?resize=770%2C513&quality=80)



![A man walks by a passenger bus after a deadly crash with a pickup truck in Peru's Arequipa region on November 12, 2025 [Kiara Tapia/AP]](/wp-content/uploads/2025/11/AP25316788574648-1763009995.jpg?resize=770%2C513&quality=80)

Move comes after Betssy Chavez, who is on trial on coup charges, fled to the Mexican Embassy in Peru.

Peru’s interim president Jose Jeri has declared a 30-day state of emergency in the capital Lima due to surging crime.
The state of emergency lifts constitutional rights, including the right to protest, amid popular unrest over crime.
State of emergency to be declared in capital as protests that led to last week’s ouster of former president intensify.
Boluarte, who was removed from office on October 10, faces accusations of corruption and abandoning her office.

Congress chief Jose Jeri was sworn in as Peru’s new president after Congress unanimously voted to remove Dina Boluarte.
Unlike eight previous attempts to remove the president, almost all legislative factions expressed support for the move.
Nine people have been detained after the murders of Morena Verdi and Brenda del Castillo, 20, and Lara Gutierrez, 15.

Police in Peru say they have arrested the main suspects in the murders of two women and a girl.








