ZPEC said it outbid global major TotalEnergies and a consortium of Italy's ENI and Norway's Equinor for the Zerafa II block. The block, covering 38,697.73 square kilometers, sits in the southern ...

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the ...

Russian oil producer Gazprom Neft is in talks with the Chinese drilling company Zhongman Petroleum and Natural Gas Group Corp (ZPEC) over it taking a stake in Gazprom Neft's Chonsk oil fields ...

Water bursts out from the well dug by China's ZPEC drilling company in the Western Desert near Egypt's southern province of Minya, on Nov. 20, 2018. (Xinhua/Li Binian) MINYA, Egypt, Nov. 24 (Xinhua) - ...