Teresa Cespedes

Vandals cause 8,000 barrels of oil to spill in Peruvian Amazon

Nov 28 2018

LIMA Peru state oil company Petroperu said approximately 8,000 barrels of crude oil had spilled in the Amazon after vandals severed the pipeline and then impeded technicians seeking to repair the damaged pipe.

Peruvian judge frees opposition leader Fujimori from prison

Oct 24 2018

LIMA A Peruvian judge late on Wednesday freed conservative opposition leader Keiko Fujimori from jail where she spent the past week pending charges in a money laundering probe.

Peruvian ex-leader Alberto Fujimori warns prison return will kill him

Oct 04 2018

LIMA Peru's former authoritarian leader Alberto Fujimori on Thursday appealed to current President Martín Vizcarra and to judges not to return him to prison because his "heart would not cope."

Peruvian lawmakers approve referendum on anti-corruption reform

Oct 04 2018

Peru's Congress on Thursday approved a referendum on a raft of political and judicial reforms introduced by the new government of President Martin Vizcarra and aimed at stamping out corruption and cronyism in one of Latin America's most promising economies.

Petroperu eyes 40 percent stake or more on future oil partnership

Sep 26 2018

LIMA Peru's state-owned energy company Petroperu is considering taking at least a 40 percent stake in the country's largest oil block once current operator Frontera Energy Corp's short-term contract ends in a year, the head of Petroperu said Wednesday.

UPDATE 1-Peru central bank raises view of 2018 current account deficit

Sep 14 2018

LIMA, Sept 14 Peru's central bank said on Friday that it expects a smaller trade surplus and larger current account deficit this year compared to its previous estimates due to global trade tensions that have lowered prices for the country's copper and gold exports.

Peru's Credicorp Q2 net profit rises

Aug 08 2018

LIMA, Aug 8 Credicorp Ltd , Peru's largest financial holding company, said on Wednesday it earned 977.8 million soles ($300 million) in second-quarter net profit, up 6.3 percent from a year earlier.

Peru president proposes referendum on political, judicial reform

Jul 28 2018

LIMA Peruvian President Martin Vizcarra challenged the opposition-run Congress on Saturday to call a referendum on judicial and political reforms aimed at uprooting systemic corruption in one of Latin America's most promising economies.

Southern Copper sees Michiquillay mine in Peru starting operations in 2022

Jun 12 2018

LIMA, June 12 Southern Copper Corp said on Tuesday that it plans to start building its proposed $2.5 billion copper mine Michiquillay in Peru next year and will likely start operations in 2022 - three years earlier than previously forecast.

Peru's Buenaventura seeks deal with Southern on copper project

May 30 2018

LIMA Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday.

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