Halliburton rises on WSJ report of Venezuela expansion talks

Halliburton

28/08/2026 15:12

** Shares of oilfield services firm Halliburton HAL.N up 1.4% at $36
** Halliburton is in talks to expand its presence in Venezuela as U.S. energy companies move closer to investment deals in the country's oil sector, the Wall Street Journal reports 
** Co is discussing bringing its oilfield equipment and services to producers in Venezuela, the report says
** Additionally, Chevron CVX.N is nearing a deal to expand its operations in Venezuela and could add two heavy-oil fields to its portfolio, the report says
** Potential agreements could lead to billions of dollars of investment in Venezuela's oil industry - WSJ
** Including session's move, HAL up 28.9% YTD 

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))