Peru Extends Petroperú’s Operations at Talara’s Z-69 Oil Block by Six Months

Peru’s government has extended Petroperú’s temporary operating license for the Z-69 offshore oil block in Talara, ensuring continued production from a key northwestern asset that contributes to national energy security. Under Supreme Decree No. 022-2025-EM, Petroperú’s contract has been prolonged until May 2026, or until authorities finalize an agreement with a new operator. State energy agency Perupetro signed the amendment with Petroperú this week at its headquarters, with both companies’ top executives ...