Oil Workers in Venezuela Are Still Being Paid, Halliburton Says

Halliburton Co. (HAL), the Houston-based oilfield-services provider, said it continues to pay workers in western Venezuela after El Universal reported a strike over pay.

The Caracas-based newspaper reported Nov. 24 that Halliburton was among companies to have told workers they can’t be paid while the companies haven’t been paid by state-owned Petroleos de Venezuela SA.

“Halliburton has not made such communications,” the company wrote in an e-mailed response to the article. “Halliburton continues to honor and fulfill our pay obligations to our employees.”

To contact the reporter on this story: Charlie Devereux in Caracas at cdevereux3@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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