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Peruvian Executive Appoints Esteban Bertarelli as Perupetro Board President

The change formalizes leadership at the state agency that negotiates hydrocarbon contracts, potentially shaping oversight of future exploration deals.

Overview

  • The Executive issued Resolución Suprema N.° 019-2026-EM to end Carlos Niño Neira Ramos’s appointment and Resolución Suprema N.° 020-2026-EM to name Esteban Mario Bertarelli Bustamante as Perupetro board president, both published on May 29.
  • Both resolutions were refrendadas by the Minister of Energy and Mines and were officialized in the Diario Oficial El Peruano, completing the legal formalities for the leadership change.
  • Bertarelli brings decades of hydrocarbons experience, having served as general manager and interim board president at Petroperú and in leadership roles at Ingemmet, and he holds an industrial engineering degree and a master’s in business management.
  • Perupetro is the state agency charged with promoting, negotiating, signing and supervising hydrocarbon exploration and production contracts and its board is made up of five members with the president appointed by supreme resolution.
  • No immediate policy or operational shifts at Perupetro have been reported but the appointment could influence how the state pursues and oversees future oil and gas contracts, so observers should watch for changes in contract talks and procurement oversight.