Market Chatter: Chevron, Halliburton Near Deals to Invest Billions of Dollars in Venezuelan Oil

09:54 AM EDT, 08/28/2026 (MT Newswires) -- Chevron (CVX) is nearing a deal to expand its operations in Venezuela by adding two new heavy-oil fields to its portfolio, The Wall Street Journal reported Friday, citing people familiar with the matter. Halliburton (HAL) is also in discussions to provide its suite of equipment to oil producers in Venezuela, the report said, citing the people. The companies didn't immediately reply to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 200.60, Change: +0.83, Percent Change: +0.42