- Peru is the seventh-largest crude oil reserve holder in Central and South America, with 579 million barrels of proved reserves. Much of Peru's proved oil reserves are onshore, and the majority of these onshore reserves are in the Amazon region. Proved natural gas reserves in Peru were 12.7 trillion cubic feet, the fourth-largest in Central and South America, following Venezuela, Brazil, and Trinidad and Tobago.
- The Ministry of Energy and Mines, is the central body and head of the Energy and Mining Sector, and made a part of the executive. The Ministry of Energy and Mines aims to formulate and evaluate, in harmony with the general policy and plans Government's national policies on sustainable development of mining activities - energy. Also, is the competent authority on environmental issues related to mining activities - energy. The Ministry of Energy and Mines is to promote the development of mining activities - energy, regulating, overseeing and / or supervising, as applicable, compliance, cautioning the rational use of natural resources in harmony with the environment.
- Crude oil production in Peru has been declining since the mid-1990s, but the country's total liquid fuels production has been bolstered by increased output of natural gas liquids (NGL). As a result, total liquid fuels production has steadily increased over the past decade to average 160,000 barrels per day (bbl/d) in 2012, of which more than half was NGL.
- Dry natural gas production in Peru has grown rapidly since the Camisea Gas Field went onstream in 2004, from 30 billion cubic feet (Bcf) that year to 401 Bcf in 2011.
- Peru became a natural gas exporter in 2010 when it brought online South America's first liquefied natural gas (LNG) plan, the Peru LNG Terminal
- Peru has six oil refineries with a total crude distillation capacity of almost 199,000 bbl/d. Repsol YPF operates the largest refinery in the country, the 108,000-bbl/d Refinería La Pampilla Lima located in Lima.
- Most of the other refineries are owned by the state-owned company Petroperu, including Talara Refinery, Iquitos Refinery, Conchan Refinery and El Milagro Refinery
- The exception is the small Refinería Purcallpa
- The much delayed Talara Refinery Upgrade Project, will see a major modernisation of this plant