Exclusive: Phillips 66, ADM in Talks on Biofuels Joint Venture - Sources
by Stephanie Kelly, Karl Plume and Jarrett Renshaw (Reuters) U.S. oil refiner Phillips 66 (PSX.N) and grain trader Archer-Daniels-Midland (ADM.N) are discussing a biofuels joint venture with an aim toward producing lower-carbon jet fuel, three people familiar with the matter said. The oil and corn-based ethanol