Peru’s oil industry is in crisis, with 2020 being one of its worst years on record. It was a year marred by the harsh fallout from the COVID-19 pandemic, violent protests, and political instability. By November 2020, Peru’s peak industry body; the National Society of Mining, Petroleum, and Energy, had released a statement (Spanish) claiming the national petroleum industry was in crisis.
In that statement, the group pushed for the national government of Lima to resolve the many crises which were impacting petroleum industry operations.…Can Peru's Oil Industry Recover From A Disastrous 2020?
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