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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
03/29/201720:50:00ConocoPhillips to Sell Portion of Canadian Oil-Sands Assets For...
03/29/201718:33:00ConocoPhillips to Sell Chunk of Canadian Oil-Sands Assets For...
03/29/201716:39:09Current Report Filing (8-k)
03/29/201716:14:00ConocoPhillips Announces Sale of Foster Creek Christina Lake...
03/02/201711:48:39Statement of Changes in Beneficial Ownership (4)
03/02/201711:45:59Statement of Changes in Beneficial Ownership (4)
03/02/201711:43:26Statement of Changes in Beneficial Ownership (4)
03/02/201711:40:32Statement of Changes in Beneficial Ownership (4)
03/02/201711:36:03Statement of Changes in Beneficial Ownership (4)
02/22/201716:38:58Statement of Changes in Beneficial Ownership (4)
02/22/201716:34:34Statement of Changes in Beneficial Ownership (4)
02/22/201716:32:25Statement of Changes in Beneficial Ownership (4)
02/22/201716:29:15Statement of Changes in Beneficial Ownership (4)
02/22/201716:27:35Statement of Changes in Beneficial Ownership (4)
02/22/201716:24:06Statement of Changes in Beneficial Ownership (4)
02/22/201716:20:35Statement of Changes in Beneficial Ownership (4)
02/22/201716:14:05Statement of Changes in Beneficial Ownership (4)
02/22/201716:09:43Statement of Changes in Beneficial Ownership (4)
02/21/201712:38:14Annual Report (10-k)
02/16/201717:24:52Statement of Changes in Beneficial Ownership (4)

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