Petroperu Talara Refinery Hit by Stoppages as Debt Costs Mount

Peru's state-owned oil company Petroperu reported a net profit of US$208.4 million through April 2026, a sharp turnaround from a prior-year loss, but the achievement was overshadowed by repeated operational stoppages at its modernized Talara refinery and a staggering US$7.9 billion debt pile that continues to drain state coffers.