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Today's Summary

Shell has withdrawn from the initial phase of the Argentina LNG development. The company said it continues to see Argentina as a potentially attractive growth market for LNG export. Shell shares were down 2.21% at $70.63 at the time of publication Tuesday. Greg Gut, Shells head of mergers and acquisitions, Greg Gut has left the company following internal disagreements over a proposed takeover of rival energy giant BP. Shell has not publicly commented on Guts exit or the specifics of the proposal.