Word: tatneft
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Those stocks include energy company Royal Dutch Shell, oil field services firm Schlumberger Ltd., Russian oil company AO Tatneft, and oil firm China Petroleum and Chemical Corp., or Sinopec...
...June 2005, Stanford became the second major school to divest from firms linked to Sudan, announcing that it would sell direct stakes in PetroChina, Sinopec, Tatneft, and power and automation equipment company ABB Ltd. Elsewhere, at Yale, an advisory committee is preparing a report on whether the school should divest from companies tied to Sudan...
...constructing a $65.5 million pipeline in Sudan that could substantially boost the regime’s oil export revenues. ABB’s contracts in Sudan total to more than $36 million, and the company won a contract last year to improve the country’s power grid. Tatneft allegedly entered an oil-for-weapons swap with the Sudanese government in 2002, although initial reports of the deal have not been confirmed. Tatneft officials did not return repeated requests for comment from the Crimson...
...Harvard owned more than $3 million of stock in China Petroleum and Chemical Corp., or “Sinopec,” which is constructing a pipeline connecting oil fields to the coastal town of Port Sudan. The filings also showed that Harvard owned more than $2 million in Tatneft, a Russian company that signed a 2001 deal to explore oil fields in central Sudan...
...This month, Stanford’s Board of Trustees will consider a student-faculty panel’s recommendation that the University sell its shares in PetroChina, Sinopec, Tatneft, and a fourth firm, the Swiss-based power company...