Oil company withdraws from Peruvian town after days of violent protests


It looks like days of anti-oil protests are starting to pay off for the residents of a remote Peruvian town.

On Thursday, Argentine energy company Pluspetrol said it would withdraw from the central Peruvian town of Pichanaki, claiming it has nearly completed its exploration work in the area.

The decision, however, came after intense protests earlier this week in which locals blocked roads leading into the town, shut down businesses and staged several demonstrations in an attempt to force the company to pull out of the ecologically sensitive region.

More than 20 people were injured during the protests, which turned into field battles with law enforcement, and led to the dismissal of the local police chief.

A young demonstrator was killed on Tuesday night, when protesters tried to break into an army base where Plus Petrol was keeping equipment.

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Pluspetrol announced its decision to leave Pichanaki hours after Peru’s Ministry…

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