Date: May 6th, 2006

The Harvard Corporation on Monday (April 4) announced its decision to have Harvard Management Company divest its holdings of stock in PetroChina Company Limited.
"This decision reflects deep concerns about the grievous crisis that persists in the Darfur region of Sudan and about the extensive role of PetroChina's closely affiliated parent company, China National Petroleum Corporation, as a leading partner of the Sudanese government in the production of oil in Sudan,"

http://www.news.harvard.edu/gazette/2005/04.07/02-sudan.html


Just last year social investors, human rights activists, environmental groups and national security experts joined forces to protest the initial public offering of PetroChina Co., a subsidiary of China's mammoth state-owned oil company, China National Petroleum Corporation (CNPC). CNPC owns 90% of PetroChina Co. Investors in the Goldman Sachs-led IPO now own the rest.

http://www.commondreams.org/views01/1017-06.htm

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