Word: tatneft
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Dates: during 2000-2009
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...Harvard still has not announced a divestiture from the Russian oil firm Tatneft, despite that fact that other schools—including Amherst, Stanford, and the University of California—have cut ties to Tatneft to protest that company’s links to the Khartoum regime. In its most recent filing with federal regulators on Feb. 9, Harvard revealed that it owned 134,050 shares in Sinopec, also known as the China Petroleum and Chemical Corporation. Those shares were worth a total of $8.3 million on the New York Stock Exchange at noon today. Since Sept...
...Tatneft submitted a statement to the SEC last July 14 stating that "we participate or intend to participate in projects in...Sudan, where both we and Russia have strong historical ties, subject to compliance with applicable international sanctions regimes...
...University of California’s Board of Regents voted unanimously on Thursday to sell holdings in nine companies currently operating in Sudan—including the Beijing-based Sinopec, in which Harvard has an estimated $7.8 million stake, and the Russian oil firm Tatneft, in which Harvard’s holdings are estimated at $5 million...
...past calendar year. If the University has retained this stake in the company, the shares would be worth about $8.2 million as of the close of the New York Stock Exchange on Friday. At the end of the last calendar year, the University owned 48,100 shares of Tatneft, another Sudan-linked firm, according to SEC filings. That stake would be worth about $4.7 million at the close of trading on Friday. —Staff writer Cyrus M. Mossavar-Rahmani can be reached at crahmani@fas.harvard.edu...
...Sudan.Yale, in explaining its decision to divest, said in a statement yesterday that the companies targeted by yesterday’s divestment move were given an opportunity to explain their actions in Sudan.Stanford’s divestment from Sudan-related firms also targeted a Russian-based oil company, Tatneft. At the end of the last calendar year, Harvard owned 48,100 shares of Tatneft, according to SEC fiings. That stake would be worth approximately $4.5 million at the close of trading yesterday.Amherst’s divestment last month targeted 19 companies, including Tatneft as well as at least...