Halliburton follows Chevron in halting Venezuelan operations

Halliburton follows Chevron in halting Venezuelan operations

Halliburton follows Chevron in halting Venezuelan operationsSeeking to increase pressure on socialist President Nicolas Maduro, the U.S. Treasury late on Tuesday imposed restrictions on Chevron Corp’s joint ventures with Venezuelan state-run oil company PDVSA. The new restrictions effectively told Chevron, Halliburton, Schlumberger and others to wind down their activity in Venezuela by December.