Petroperu Chair Eyes Rare Profit, Investors for Minority Stake

Petroperu’s board will look to sell a minority stake in the ailing state-owned oil giant early next year, according to its chairman, who says the company is on track to notch its first annual profit since 2021.

Petroperu’s board will look to sell a minority stake in the ailing state-owned oil giant early next year, according to its chairman, who says the company is on track to notch its first annual profit since 2021.