Peru-Petro President Says Proposed Hydrocarbon Law “Favorable”

(Energy Analytics Institute, Piero Stewart, 10.Sep.2018) — The proposed Law for the Promotion of the Hydrocarbons Industry, which will be debated shortly by Congress, is “favorable” for the country’s oil sector, announced Peru-Petro President Seferino YesquĂ©n. The official, speaking during an interview with Andina, said the law is “favorable” because […]

Anadarko To Invest $200mn In Peruvian Oil Area

(Reuters, 9.Oct.2017) — U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said on Monday. Kuczynski and company executives signed three exploration and drilling agreements with state oil agency Perupetro in blocks Z-61, Z-62 and Z-63 […]

Baron Provides Update On Block Z-34 Peru

(Baron Oil plc, 6.Feb.2017) — The Board of Baron Oil plc provided an update on activities in Peru on Block Z-34 Following preparation and presentation of a detailed drilling plan in Lima, the company is pleased to announce that Cuy-Z34-13-1X has now been accepted by PeruPetro, the responsible government agency, […]