http://www.worldoil.com WorldOil Gazpromneft Khantos acquires two new licenses http://www.worldoil.com/news/2015/3/6/gazpromneft-khantos-acquires-two-new-licenses Gazpromneft Khantos has acquired two new licenses, for Maloyugansk and Zapadno-Zimnee fields, in Russia’s Khanty Mansiysk Autonomous Region. BNSF train hauling 103 crude cars derails in Illinois http://www.worldoil.com/news/2015/3/6/bnsf-train-hauling-103-crude-cars-derails-in-illinois GALENA, Illinois (Bloomberg) -- A BNSF Railway Co. train carrying 103 cars of crude oil derailed in rural Illinois, and U.S. regulators said a fire had broken out. There were no reports of injuries. Statoil to drill UKCS Catcher and Mariner wildcats http://www.worldoil.com/news/2015/3/5/statoil-to-drill-ukcs-catcher-and-mariner-wildcats STAVANGER -- Statoil is preparing to drill two UKCS wells in the Spring -- one in the Catcher area of the Central North Sea and the other in the Northern North Sea to the west of the Mariner field. Blackbird Energy reports gas and liquids discoveries in Montney shale http://www.worldoil.com/news/2015/3/5/blackbird-energy-reports-gas-and-liquids-discoveries-in-montney-shale CALGARY -- Blackbird Energy has announced that its first two operated horizontal Montney wells at Elmworth, Alberta, have been successfully completed and tested. Statoil exec sees a year of cash flow challenges, cost containment http://www.worldoil.com/news/2015/3/5/statoil-exec-sees-a-year-of-cash-flow-challenges-cost-containment For the remainder of 2015, the global EandP industry should expect to see operators wrestling with cash flow challenges, negotiating price discounts with suppliers and looking to sell assets to raise cash, said Jason Nye, Statoil’s senior V.P. for U.S. Offshore Development and Production, North America. His comments came during a presentation to The 5th Norwegian Finance Day, held Wednesday by the Norwegian Consulate General at the Federal Reserve Bank in Houston. Colorado operator misses bond payment, marking junk's swift fall http://www.worldoil.com/news/2015/3/5/colorado-operator-misses-bond-payment-marking-junks-swift-fall DENVER -- A Colorado oil producer is giving debt investors a lesson in the risks of lending to companies that staked their future on the U.S. shale boom. ConocoPhillps’ chief economist sees gradual market recovery http://www.worldoil.com/news/2015/3/5/conocophillps-chief-economist-sees-gradual-market-recovery HOUSTON -- The recovery of the global oil market from sharply lower oil prices will be gradual, and it will be driven mostly by a supply response, said ConocoPhillips Chief Economist Marianne Kah. Her comments came during a presentation to The 5th Norwegian Finance Day, held Wednesday by the Norwegian Consulate General at the Federal Reserve Bank in Houston. Shell contracts first LNG-fuelled supply vessel for deepwater Gulf of Mexico http://www.worldoil.com/news/2015/3/5/shell-contracts-first-lng-fuelled-supply-vessel-for-deepwater-gulf-of-mexico Canadian Natural Resources triples profits by pumping more oil http://www.worldoil.com/news/2015/3/5/canadian-natural-resources-triples-profits-by-pumping-more-oil Canadian Natural Resources, the nation’s largest heavy crude producer, boosted its dividend by half a cent after reporting an almost tripling of its profit as it pumped more oil to counter the effect of plunging prices. Honeywell wins contract for third HLJOC platform offshore Vietnam http://www.worldoil.com/news/2015/3/5/honeywell-wins-contract-for-third-hljoc-platform-offshore-vietnam Honeywell Process Solutions announced Thursday it has been selected to handle critical project management and engineering for a third oil and natural gas platform that will tap energy reserves off the coast of Vietnam. Exxon looks to U.S. shale fields to drive global growth http://www.worldoil.com/news/2015/3/5/exxon-looks-to-us-shale-fields-to-drive-global-growth In a world of $55/bbl oil, Exxon Mobil Corp. is relying on shale fields in Texas, Oklahoma and North Dakota to help fund the next wave of big overseas projects it needs to thrive in the future.