Word: petrochina
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Dates: during 2000-2009
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...investments in PetroChina and Sinopec are held indirectly through a mutual fund managed by the British bank Barclays. Through that arrangement, Harvard owns an estimated $6.6 million in stock in the oil companies...
...University’s link to PetroChina lingers despite the Harvard Corporation’s April 2005 announcement that "the unique pattern of circumstances relating PetroChina to the crisis in Sudan counsels in favor of taking the extraordinary step of divestment...
...Crimson discovered Harvard’s remaining ties to PetroChina and Sinopec yesterday by examining the University’s filings with federal regulators as well as information made publicly available by Barclays...
Earlier in the year, the CCSR voted to divest from its holdings in Beijing-based Sinopec Corporation, which came a year after the University divested from PetroChina...
...story eventually led Harvard to divest in PetroChina, with several other major universities following suit...