Defense Minister denies claims of U.S. military presence

Defense Minister Ántero Flores-Aráoz denied claims made by opposition leader Ollanta Humala that personnel from the United States military are currently operating in Peru’s jungle region. Humala said Peruvian military sources told him that U.S. military personnel are operating in the country’s north-east Loreto Department, which shares a porous border with Ecuador, Brazil and Colombia, [...]

Authorities estimate new oil reserves in northeast Peru

Authorities from the Energy and Mines Ministry estimate that two blocks in Peru’s north eastern Loreto Department contain some 500 million barrels of heavy oil. The Vice Minister of Energy, Pedro Gamio, told Agencia Andina the oil is located in block 39, under exploration by Spain’s Repsol YPF, and block 67, under exploration concession to [...]