Equinor (EQNR) doesn't currently intend to return to Venezuela, after leaving the oil-rich South American country in the early part of this decade, Reuters reported Wednesday, citing Chief Executive Anders Opedal.
"At the moment, that's not on the table," Opedal told the news agency. "We pulled out of Venezuela because we wanted to reallocate capital."
Equinor didn't immediately respond to MT Newswires' request for comment.
(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.)
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