ConocoPhillips: No U.S. refinery venture with Lukoil is planned

07/7/2009 | Reuters

Countering an announcement from the Kremlin on Monday, ConocoPhillips said it has no plans to build a new U.S. refinery in partnership with Russia's Lukoil. Documents prepared for a visit to Russia by President Barack Obama said Lukoil would invest in a refinery on the East Coast in a joint venture with ConocoPhillips.

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