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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.

Photo: Kirsty Wigglesworth/AP/Polfoto

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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