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Leadership of Petroperu offer to resign amid financial crisis
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Leadership of Petroperu offer to resign amid financial crisis
Sep 11, 2024 3:46 AM

LIMA, Sept 10 (Reuters) - The board of directors of

Petroperu said on Tuesday they have presented

their resignation amid a financial crisis in which the Peruvian

state oil firm has battled mounting debt and dwindling cash to

keep its operations running.

The board's decision to resign was unanimous, according to a

company statement.

Peru's prime minister earlier this month said "drastic

measures" were needed, citing a governance problem and backing

company calls for private management as part of a restructuring

plan.

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