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WPX Energy to enter Permian basin with $2.35 billion deal
Oil and gas producer WPX Energy Inc (WPX.N) said it would acquire privately held RKI Exploration & Production LLC [REPI.UL] for $2.35 billion, the latest in a series of deals brought on by a steep drop in crude prices.
EU steps up pressure for rapid deal to revive asset-backed debt
European Union reform of the securitized debt market to help to revive the region's economy is likely to be binding on member countries to speed up change, a senior official from the bloc's executive body said on Tuesday.
Crude slides as Iran clinches historic nuclear deal
Oil dropped on Tuesday after Iran and six global powers reached a landmark nuclear deal that would see an easing of sanctions against Tehran and a gradual increase in its oil exports.
NASA New Horizon to reveal Pluto's mysterious shapes
For the first time in history, Pluto, a declared dwarf planet in 2006 will take center stage as NASA's New Horizon spacecraft moves closer to it for a fly-by expedition. The team will be observing curious shapes that could reveal the characteristics and composition of Pluto's surface.