US Edition
Trump Announces $300 Billion Texas Refinery Deal with India's Reliance
The $300 billion Brownsville refinery will process 1.2 billion barrels of U.S. shale oil and produce 50 billion gallons of refined fuel, creating thousands of jobs, America First Refining said.
- President Donald Trump said via Truth Social that America First Refining will build a refinery at the Port of Brownsville, Texas, backed by Reliance, calling it 'THIS IS A HISTORIC $300 BILLION DOLLAR DEAL-- THE BIGGEST IN U.S. HISTORY'.
- Amid a recent spike in oil prices caused by the West Asia conflict, officials framed the refinery as a way to boost domestic production and strengthen national security under an America First energy policy.
- Technical disclosures show the plant will process 100% American light shale oil with capacity of 60 million barrels per year and under a 20-year offtake will purchase 1.2 billion barrels valued at $125 billion, producing 50 billion gallons of refined products worth $175 billion.
- Brownsville municipal officials say America First Refining plans to break ground in Q2 2026, with a ceremonial groundbreaking expected in April 2026 and thousands of jobs created.
- Questions remain about Reliance's role and financing, as past efforts to build U.S. refineries stalled due to high costs and permits, linking to Element Fuels' $3–$4 billion 2024 plan.
100 Articles
100 Articles
In Brownsville, Mexico’s border city, the first all-new oil refinery in the United States will be built in more than 50 years. Through its social network Truth Social, the president of the United States, Donald Trrump, made the announcement of the project he named "America First Refining", which would be located in the port of Brownsville, where a natural gas refinery is also built for export. Investment is made by the company Element Fuels Hold…
Trump Unveils 'Historic' $300 Billion Texas Oil Refinery Project Backed By India's Reliance Industries
President Donald Trump has unveiled plans for a $300 billion oil refinery in Texas, expressing gratitude to India and its leading private energy firm, Reliance Industries, for their backing. Importance Rank: 1
Trump says Reliance to invest in new Texas oil refinery
New York: US President Donald Trump has said that India’s Reliance Industries will make an investment in a new oil refinery being opened in Texas, thanking the company and “our partners in India” for the deal. ‘Historic USD 300 billion deal’: Trump Describing it as a “historic USD 300 billion deal”, Trump in a social media post on Tuesday said the project is being enabled by his administration’s “America First agenda”. He said the deal is “the b…
Trump announces first US oil refinery in 50 years, thanks Reliance
US President Donald Trump announced a partnership with India’s Reliance Industries to build the first new US oil refinery in 50 years in Brownsville, Texas, saying the project will boost energy production, exports, national security, and economic growth.
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