Source:
CSNSAN RAMON, Calif. -- In an effort to support technological research and development efforts, Chevron donated $500,000 to Kenai Peninsula College’s Kenia River Campus, one of the three institutes in Alaska where a student can get a degree in process technology.
"Chevron said 'this is what we want to see,'" Kenai Peninsula College (KPC) director Gary Turner told the Peninsula Clarion. "I guarantee every dollar we receive from them will benefit our students."
In total, Chevron donated $1 million to the University of Alaska Anchorage. Half that sum went toward the university’s Alaska Native Science and Engineering Program, and the other half will help KPC purchase industry-quality equipment for its process technology, instrumentation and computer electronics program. The pledge marks the largest corporate donation KPC has received in its 44 years of operation.
Read more:
http://www.csnews.com/csn/news/article_display.jsp?vnu_content_id=1003846751
Having had a long professional association with Chevron going back to its formation in 1984 when SoCal merged with Gulf Oil I reckon this may be a pretty strategic move given the GOP shenanigans of last week in St Paul, Minnesota.
Chevron's Point Thompson oilfield and North Slope gas pipeline project rights in Alaska have been a very sore point.
See Reuters article:
Chevron: Alaska decision could delay field for years
"We are shocked and very disappointed by this decision; we believe our proposal addressed all of the state's conditions and provided a compelling opportunity to develop the Point Thomson resource," said Scott Davis, vice president of Chevron's MidContinent and Alaska business unit.
"Unfortunately, with this decision, the state has taken a giant step backward in bringing North Slope gas to market."
http://uk.reuters.com/article/oilRpt/idUKN2236344620080422AND
Alaska rejects Point Thomson plan
Alaska Governor Sarah Palin, a strong critic of the oil industry, welcomed the decision.
"I support the commissioner's decision because I want development and Alaskans are ready to see real progress at Point Thomson, finally, after 30 years," she said in a statement.
http://www.upstreamonline.com/live/article152909.ece