Word: sinopec
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...documents filed with the Securities and Exchange Commission Wednesday reveal that as of March 31, Harvard owned 88,200 shares in China Petroleum and Chemical Corp., or “Sinopec...
...Harvard has maintained its Sinopec stake on the New York Stock Exchange since March, the University’s shares would have been worth $3.43 million at the close of trading yesterday. Harvard would not be required to disclose Sinopec holdings on Chinese markets...
...University appears to have scaled back its Sinopec stake since the end of 2004, when Harvard reported a $5.76 million investment in the firm...
...Sinopec is currently involved in the construction of a $65.5 million pipeline that will carry oil from the Melut Basin in the south of the country to Port Sudan, allowing the regime to boost its petroleum exports substantially...
...Sinopec is essentially a contractor, whereas [PetroChina’s parent] CNPC actually owns the lead shares in the consortium that runs Sudan’s oil patch,” Goodman wrote in an e-mail to The Crimson...