A new regional study shows that land-use policies in Peru have been key to tempering rainforest degradation and destruction in that country. Scientists at the Carnegie Institution’s Department of Global Ecology led an international effort to analyze seven years of high-resolution satellite data covering most (79%) of the Peruvian Amazon for their findings.

PetroVietnam’s oversea arm, the PetroVietnam Exploration and Production Corp, obtained the deal to drill Block Z-47 in the Trujillo Basin at a tender held last week by Peru’s state hydrocarbons promotion agency Perupetro.

The negotiations between the EU and the Andean Community for a comprehensive Association Agreement between both regions will be launched on June 14 in Tarija (Bolivia) at the 17th meeting of the Presidents of the Andean Community.

The United Nations says the amount of land used to cultivate coca, the raw material in cocaine, has increased in Peru.

The World Bank's Board of Directors approved on June 5th a US$150 million loan for Peru to improve results in health, nutrition and primary education by defining standards and setting goals for the outcomes families should expect for their children.

Vena Resources Inc. (TSX VENTURE:VEM)(OTCBB:VNARF)(LIMA:VEM)(FRANKFURT:V1R) announces that the first comprehensive field visit to the Lagunillas area in Puno, Peru has provided positive results including the discovery of five large sedimentary formations, the largest of which indicates outcropping at least 1,000 meters long by 400 meters wide by 25 meters in height with scintillometer readings ranging from 800 to 3,000 cps.

Peru's President has urged the use of the military to destroy jungle factories that produce cocaine. Alan Garcia said Monday in Lima that Peru should use its military attack aircraft to bomb and machine-gun coca processing facilities and the airports used to transport drugs.

A team from the Universitat Autònoma de Barcelona and the University of Almería has completed its second part of the "Proyecto La Puntilla", an archaeological expedition to the Peruvian province of Nazca, where last year it discovered a new type of construction. The latest findings show that a new political power based on the exercise of violence emerged on the south coast of Peru two thousand years ago.