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Delta Reaches Deal To Buy ConocoPhillips Refinery In Pennsylvania -CNBC's Kelly

DOW JONES NEWSWIRES Delta Air Lines Inc. (DAL) has reached a deal to buy ConocoPhillips' (COP) refinery in Trainer, Pa., CNBC's Kate Kelly reported Monday. The deal will cost $180 million, although Delta will receive $30 million in subsidies from the Commonwealth of Pennsylvania, Kelly said. Delta looks to produce 52,000 barrels of jet fuel a day with the refinery, which is its maximum capacity, according to Kelly. The airline has also reached swap agreements with BP PLC (BP) and ConocoPhillips, in which Delta would also receive jet fuel from those companies in exchange for other products generated by the refinery, she reported. Website: www.cnbc.com -Dow Jones Newswires; 212-416-2900

Stock News for Conocophillips (COP)
DateTimeHeadline
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08/17/201518:05:08Statement of Changes in Beneficial Ownership (4)
08/07/201506:41:25ConocoPhillips Seeking Buyer For Indonesian Assets
08/04/201517:05:41Statement of Changes in Beneficial Ownership (4)
08/04/201517:03:02Statement of Changes in Beneficial Ownership (4)
08/04/201517:01:17Statement of Changes in Beneficial Ownership (4)
08/04/201516:59:29Statement of Changes in Beneficial Ownership (4)
08/04/201513:47:53ConocoPhillips To Book $400 Million Charge To Cancel Deep-water...
08/04/201512:03:54Quarterly Report (10-q)
07/30/201511:58:29Morning MoneyBeat: Second-Quarter GDP Could Support September...
07/30/201508:00:11ConocoPhillips Cuts Capital Spending Plans
07/30/201507:55:29Current Report Filing (8-k)
07/30/201507:55:06ConocoPhillips Cuts Capital Spending Plans
07/30/201507:00:00ConocoPhillips Reports Second-Quarter 2015 Results; Announces...
07/24/201513:21:23Initial Statement of Beneficial Ownership (3)
07/19/201519:44:11Sales of Bonds With Floating Rates Sink
07/16/201517:30:09ConocoPhillips Boosts Dividend, Cuts Deepwater Spending
07/16/201517:23:07ConocoPhillips Increases Dividend But Cuts Deepwater Spending
07/16/201516:15:00ConocoPhillips Announces Dividend Increase and Reductions in...
07/16/201509:20:00Independent Oil and Gas Industry Equities Technical Analysis...

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