The oil-workers' federation at Petroperú has called on the Peruvian government to withdraw ProInversión, the state agency tasked with overseeing the national oil company's rescue efforts.
Union leaders argue that six months of intervention have yielded no tangible results in stabilizing the firm's operations or finances.
5 million in the fourth quarter of 2025, significantly exceeding the previously reported $468.
The demand intensifies pressure on Lima to find an alternative strategy for the state-owned producer, which has been grappling with severe financial distress.
An audit revealed that Petroperú posted a net loss of $601.5 million in the fourth quarter of 2025, significantly exceeding the previously reported $468.3 million deficit. The widening losses have complicated efforts to secure private investment or restructure debt without further political friction.
ProInversión was brought in to manage the turnaround process, aiming to attract capital and improve governance at the struggling entity.
However, the union's rejection of the agency's role suggests deepening internal divisions over how to address the company's structural challenges.