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.

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.

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The firm's share price was down 0.44% at 10:18.

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