First Alaska now Iraq, Shell facing more delays
After announcing delays to its offshore exploration programme in Alaska on Monday, reports on Tuesday suggest Royal Dutch Shell is also struggling with production targets in Iraq.
After announcing delays to its offshore exploration programme in Alaska on Monday, reports on Tuesday suggest Royal Dutch Shell is also struggling with production targets in Iraq.
Mark Carne, an executive at Shell Upstream International is quoted as saying the company could miss its target of 175,000 barrels of oil per day at the Majnoon field in the south of the country.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The firm's share price was down 0.44% at 10:18.
BS
-
What are my retirement income options?We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and investments at retirement, a new study has found. We look at your retirement income options.
-
UK interest rates: will the Bank of England lower rates?The Bank of England’s Monetary Policy Committee’s (MPC) final interest rates meeting of the year takes place tomorrow (18 December) and most experts expect a cut
