S&P Removes Petroperú From Credit Watch, Maintains Negative B- Rating

S&amp. P Global Ratings has officially affirmed its ‘B-‘ issuer credit rating for Petróleos del Perú (Petroperú), the state-owned oil company, while simultaneously removing the firm from the “CreditWatch” or special review status that had been in place since 2025. This decision, while stabilizing the company’s immediate classification, leaves the entity with a negative outlook, … Read more

State Company Seeks New Funding Amid High Debt

Petroperú, the state-owned cornerstone of Peru’s energy sector, is grappling with a financial crisis of systemic proportions. The company has reported a staggering streak of consecutive annual losses, culminating in a cumulative deficit that threatens not only the firm’s operational viability but also the broader fiscal stability of the Peruvian state. The crisis is defined … Read more