EnergyReader · 2026-08-04 13:26

Pakistan's OGDC Partners with Canadian Firm to Lift Heavy Crude Output

By EnergyReader Newsroom · August 4, 2026

Pakistan's Oil and Gas Development Company signed an agreement with a Canadian firm on Tuesday (2026-08-04) to deploy advanced extraction technology at its heavy crude oilfields, the state company said. ICE Brent crude front-month fell 2.97% to $81.92 a barrel on the same session. At that level, the economics of enhanced recovery investments come under pressure.

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