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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
02/11/201613:27:17Amended Statement of Ownership (sc 13g/a)
02/10/201610:19:19Amended Statement of Ownership (sc 13g/a)
02/09/201618:55:00Anadarko Slashes Dividend By 81% -- 2nd Update
02/09/201617:20:00Anadarko Slashes Dividend by 81%
02/09/201617:11:00Anadarko Slashes Dividend By 81% -- Update
02/04/201618:54:00ConocoPhillips Cuts 2016 Spending Plans, Slashes Dividend...
02/04/201608:33:00ConocoPhillips Cuts 2016 Spending Plans, Slashes Dividend...
02/04/201608:10:00ConocoPhillips Cuts 2016 Spending Plans
02/04/201608:07:00ConocoPhillips Cuts 2016 Spending Plans, Slashes Dividend
02/04/201607:59:37Current Report Filing (8-k)
02/04/201607:00:00ConocoPhillips Reports Fourth-Quarter & Full-Year 2015 Results;...
02/03/201609:35:30Statement of Changes in Beneficial Ownership (4)
02/02/201614:24:14Statement of Changes in Beneficial Ownership (4)
02/02/201614:09:56Statement of Changes in Beneficial Ownership (4)
02/02/201614:08:06Statement of Changes in Beneficial Ownership (4)
02/02/201613:55:28Statement of Changes in Beneficial Ownership (4)
02/01/201612:35:00Aker Solutions Bags ConocoPhillips Contract
01/28/201619:44:00Origin Energy Revenue Falls Despite Rise in Output
01/19/201617:31:12Statement of Changes in Beneficial Ownership (4)
01/19/201617:29:12Statement of Changes in Beneficial Ownership (4)

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