Chevron (CVX.N) and other U.S. energy companies are nearing an agreement to
invest tens of billions of dollars in Venezuelan oilfields, sources said. The
deal would expand Chevron's long-standing operations in the country and could
add two additional heavy oilfields to its portfolio. Chevron currently runs
three joint ventures with Venezuela's state oil company PDVSA and is the only
major U.S. oil firm still operating in-country. Sources also said Halliburton
(HAL.N) is in talks to deploy its full equipment suite to provide services to
Venezuelan producers.