Petróleos del Peru SA Appoints Fourth Board Chair in Five Months

Peru's state-owned oil company, Petróleos del Peru SA, has announced the appointment of a new board chair. Bloomberg posted on X that this marks the fourth leadership change for the company in a span of just five months. The frequent changes in leadership come as the company faces ongoing challenges in the oil refining sector. The new appointment aims to stabilize operations and address the issues that have plagued the company in recent months. Petróleos del Peru SA continues to navigate a complex landscape as it seeks to improve its performance and strategic direction.