An audit of Peru's state-owned oil company Petroperú has revealed that the firm's losses for the fourth quarter of 2025 amounted to $601.5 million, a figure substantially higher than the $468.3 million net loss originally reported in February.
The discrepancy highlights significant accounting or reporting issues within the national oil company, which had previously disclosed its Q4 2025 results earlier this year.
Experts have previously noted that priorities for the sector are under pressure, with the stability of key petroleum derivatives at risk.
The revised loss figure, uncovered by the audit, suggests that the company's financial position was weaker than initially presented to stakeholders and the public.
This development adds to the scrutiny facing Petroperú, which operates in a challenging environment for the Peruvian energy sector.
Experts have previously noted that priorities for the sector are under pressure, with the stability of key petroleum derivatives at risk.
The audit findings may intensify debates over the company's management and its impact on the national budget.