Oil major to invest USD 300 million in projects to offset carbon footprint

British-Dutch oil major Shell will invest around USD 300 million in several environmental projects aiming to offset the company's carbon footprint.

BY RITZAU FINANS

Oil major Royal Dutch Shell plans to invest a large sum in reducing its CO2 footprint. The company will invest USD 300 million over the next three years in a range of environmental projects including reforestation, reports Bloomberg News.

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