In April 2010, Shell announced its intention to divest from downstream business of all African countries except South Africa and Egypt to Vitol and "Helios". In several countries such as Tunisia, protests and strikes broke out. Shell denied rumours of the sellout. Shell continues however upstream activities/extracting crude oil in the oil-rich Niger Delta as well as downstream/commercial activities in South Africa. In June 2013, the company announced a strategic review of its operations in Nigeria, hinting that assets could be divested. In August 2014, the company disclosed it was in the process of finalizing the sale of its interests in four Nigerian oil fields. COUNT 5
QSN1 What did Shell announce in April 2010? ANS1 its intention to divest from downstream business of all African countries except South Africa and Egypt to Vitol and "Helios" QSN2 What happened in several countries in response to Shell's April 2010 announcement? ANS2 protests and strikes broke out QSN3 In June 2013, Shell announced a review of its operations in which country? ANS3 Nigeria QSN4 In August 2014, Shell announced it was in the process of doing what? ANS4 finalizing the sale of its interests in four Nigerian oil fields. QSN5 What did Shell indicate was a reason for the strategic review of operations in Nigeria? ANS5 assets could be divested