Chevron Nears Deal to Expand in Venezuela, WSJ Says
Chevron is nearing deals to invest billions in rebuilding Venezuela's oil fields, potentially adding two heavy-oil operations. Halliburton is also in talks to supply equipment to local producers.
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Chevron is nearing deals to invest billions in rebuilding Venezuela's oil fields, potentially adding two heavy-oil operations. Halliburton is also in talks to supply equipment to local producers.
Beetaloo Energy Australia partnered with Halliburton to assess gas resources in the Beetaloo Basin for AI data centre power supply. The deal covers drilling and power generation expertise pending regu
Halliburton anticipates incremental growth in North American drilling and fracking activity throughout 2026 as oil prices incentivize shale producers. Despite a slight dip in Q2 operating income, the
Halliburton beat Q2 profit estimates driven by Europe and Latin America gains, offsetting Middle East and North America declines. Total revenue hit $5.71 billion, though shares dropped on subdued dome
Oilfield service worker wages hit a record $38.01 per hour in May as Iran conflict-driven crude price spikes spurred increased drilling activity. Demand surged among major contractors like SLB and Hal
Norwegian oil service workers from the Safe union initiated a strike over failed wage talks, while the larger Styrke union reached an agreement. Affected companies include Halliburton and SLB, though
Blackstone and Halliburton are investing $1 billion into VoltaGrid, an energy startup providing gas-powered microgrids for data centers. The deal values VoltaGrid at over $10 billion and includes an a
Equinor extended drilling and well services contracts valued at $1.83 billion with suppliers like Baker Hughes and Halliburton to maintain Norwegian shelf production and ensure stable energy supply to
Halliburton reported Q1 earnings beating estimates, citing international strength despite Middle East conflicts. CEO Jeff Miller noted early signs of North American oilfield recovery driven by higher
Halliburton CEO Jeff Miller announced readiness to resume Venezuela operations pending US approval, driving stock up 5.4% as international growth offsets North American slowdown.