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Article

9 Mar 2006

Author:
Diverse: Issues in Higher Education [USA]

Yale dumping oil investments linked to Sudan

Yale University is selling off its oil stocks linked to the African nation of Sudan because the country has been accused of genocide...Yale President Richard Levin...said the university had stock in one of seven oil companies that it determined were providing "the lion's share of the revenue to the Sudanese government"...: Bentini SpA...; Higleig Petroleum...; Hi-Tech Petroleum...; Nam Fatt Corp [joint venture Petronas, Land & General, Mitsui]...; Oil and Natural Gas Corp. [ONGC]...; PetroChina...; and...Sinopec. [also refers to China National Petroleum Corp (CNPC)]