Responding the Nabors’ offering worth $750M, Moody’s investors had it reviewed. It is also said that it placed its “A3″ senior unsecured rating for Nabors Industries Ltd. under review for a possible downgrade after the oil and gas driller announced a senior notes offering. The Bermuda-based company said Thursday one of its subsidiaries, Nabors Industries [...]

Worldwide industrial services company Harsco Corporation announced it has successfully completed a bond offering of 5.75%, 10-year senior notes totaling $450 million. The notes were rated A3 by Moody’s and A- by both Standard & Poor’s and Fitch. The managing underwriters of the offering were J.P. Morgan Securities Inc., Citigroup Global Markets Inc., and Greenwich [...]

The Mississippi Development Authority plans to market state owned lands to oil and gas companies for drilling and exploration. Lease agreements mean big profits for the state, but not everyone’s on board. State parks and wildlife refuges are included in the new regulations MDA will soon adopt.
The idea of oil companies drilling in mississippi’s parks [...]

After more than a decade prospecting across China, world number-two mining company Rio Tinto Ltd./Plc said it still has not found the mother lode and was starting to look elsewhere.
“Rio Tinto has been undertaking mineral exploration in China for more than 11 years,” the company’s exploration director for Asia Tim Moody said.
“Although we have a [...]