Shell's 5 billion dollar opening in Nepal oil Company

Xinhua Beijing, December 21, according to the Hong Kong "Wen Wei Po" reported that the large oil company Royal Dutch Shell is restructuring business, recently began to sell oil fields in Nigeria, a total value of about 5 billion U.S. dollars. Shell has been operating in Nigeria for more than 70 years and local business has become a major driver of growth, the report said.　　Shell is now embarking on a sale of local oil fields, reducing reliance on Nigerian business and reflecting a major shift in its business.　　The analysis points out that the company has moved billions of of dollars of investment to other regions, its development plans in the Gulf of Mexico and Qatar are nearing completion, and the Nigerian government is now more willing to shrink its operations in the country, as it prepares to impose tighter restrictions on foreign oil companies for local oil companies in the next month. In addition, Shell chief executive Bothell, since taking office in July, has vigorously restructured the company's business, including 15,000 employees to reapply for jobs.