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Sinopec (SNP) Chairman Fu Chengyu says the Chinese oil company plans to generate more production...

Sinopec (SNP) Chairman Fu Chengyu says the Chinese oil company plans to generate more production abroad with deals like this summer's $1.5B partnership it struck with Talisman Energy (TLM) and could expand the partnership in the future, but rules out a full takeover of the Canadian company. SNP has been rumored as a potential buyer of TLM, which has a market value of $11.5B.
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