Just like a series or telenovela of those that abound in streaming services, the crisis in Petroperú is just going through its first season; and in the opinion of various analysts, to the extent If measures are not taken to remove the risk in the sustainability of the first company in Peru, the series would […]
Tag: mine
Petroperú in crisis: MEF and Minem convene a Shareholders’ Meeting
Almost a month after the inauguration of the only energy megaproject in recent years: the new Talara refinery, its operator Petroperu it is headed to fall into default, and without hints of correction from its directors and neither from its owners, that is, the State itself. downgrade The day before, Standard & Poor’s (S&P) reduced […]
Vehicle diesel rose to S / 1.98 despite being subsidized
On Thursday, March 10, Petroperú announced an increase in the price of the main oil-derived fuels. But this readjustment excepts B5 S-50 UV diesel (used for transportation) and bottled LPG, since both are subsidized by the Price Stabilization Fund (FEPC). The next day, the state oil company issued a statement highlighting that the prices of […]
Lack of political will to mitigate fuel hike
It took two weeks for the conflict between Ukraine and Russia to force the price of fuel in the Peruvian market to rise, in a context in which the rise for the winter already represented a headache for the household economy. in the northern hemisphere. In this sense, according to Osinergmin, 90% gasohol can be […]
Conflict in Ukraine boosts copper price
The war in Ukraine has pushed copper prices higher in the last two weeks. Last Monday, March 7, the red metal closed with a new high of US$10,730 a tonne, on the London Metal Exchange (LME), as a result of the uncertainty regarding its provision. The malleable price has increased by 55% since April 3, […]
National massification of natural gas in the hands of the Plenary
The plenum of Congress of the republic is getting ready to debate today the prediction approved by the Energy and Mines Commission on bill 679, sent in November by the Executive, which would allow the use of the Energy Security System (SISE) and expand the resources of the Energy Social Inclusion Fund (FISE), in order […]
Government appointed Rafael Reyes Vivas as Vice Minister of Hydrocarbons
Raphael Reyes Alive will be in charge of driving Hydrocarbons Vice Ministry of the Ministry of Energy and Mines (mine); according to Supreme Resolution No. 006-2022-EM, published in the official newspaper El Peruano on March 3. It should be noted that since October of last year, the date on which Enrique Bisetti resigned, a new […]
Massive use of gas and end conflicts: the Minem’s pending issues
Last Tuesday, President Pedro Castillo appointed Alessandra Herrera Jara as the new head of the Ministry of Energy and Mines (Minem) to replace Eduardo González Toro, who had held the position since October 2021. The new official is a lawyer and has worked as a consultant and director in various portfolios. At mineuntil August 2020, […]
Ministry of the Environment: Extension of the deadline for mining formalization is a setback
The Ministry of the Environment (Minam) issued a statement stating that the extension of the term for mining formalization, approved by the Congress of the Republic, is an environmental risk and a setback in the fight against illegal mining. The ministry assured that the expansion approved by the Legislature does not guarantee the fundamental rights […]
Cerro Lindo Mine in Nexa resumes operations after end of blockade
The Nexa Peru mining company reported that the production of the Cerro Lindo Mining Unit resumed today, after two days of suspension due to the blocking of its access roads, for which a gradual increase is expected until it reaches its full capacity on Saturday, December 18. “Nexa Resources Peru SAA (“ Nexa Peru ”) […]