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Iraq , Thursday 16 July 2026

China’s ZPEC opens Iraq oil subsidiary named Babylon

Published on: Wednesday 10 September 2025

China’s ZPEC opens Iraq oil subsidiary named Babylon China’s Zhongman Petroleum and Natural Gas Group (ZPEC) has launched its first subsidiary in Iraq, nearly a year after it won two oilfield contracts. The subsidiary is named Babylon after the ancient city that was located on the lower Euphrates river in southern Mesopotamia, south of modern-day Baghdad. The subsidiary is located in the southern […]


News source: https://www.msn.com/en-us/money/markets/china-s-zpec-opens-iraq-oil-subsidiary-named-babylon/ar-AA1MlFHi

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