Trump thanks India Reliance for investment in new Texas refinery project

2026-03-10 22:16:00
Summary:
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U.S. President Donald Trump announced a new oil refinery project in Brownsville, Texas.
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Trump said the facility would be the first new U.S. refinery built in roughly 50 years.
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The project, called America First Refining, involves investment from India’s Reliance Industries.
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Trump described the development as a $300 billion deal, though details of the investment structure remain unclear.
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The refinery is expected to boost U.S. energy production, exports and regional employment, according to Trump.
U.S. President Donald Trump announced plans for a major new oil refinery project in Brownsville, Texas, describing it as a historic investment aimed at strengthening American energy production and national security.
In a post on Truth Social, Trump said the America First Refining project would mark the first new oil refinery built in the United States in roughly 50 years, highlighting it as a milestone for the country’s energy sector.
Trump said the development would help “fuel U.S. markets, strengthen our national security, boost American energy production, deliver billions of dollars in economic impact,” and become “the cleanest refinery in the world.”
The president also thanked India’s Reliance Industries, one of the world’s largest private energy companies, for its role in the project, describing the investment as a significant step in strengthening economic ties between the United States and India.
Trump characterised the project as a $300 billion deal, calling it the largest in U.S. history, though it was not immediately clear whether that figure refers specifically to the refinery itself or to a broader investment framework involving energy cooperation with India.
The proposed facility would be located at the Port of Brownsville in South Texas, a major logistics hub near the U.S.–Mexico border that already plays a role in energy exports and petrochemical infrastructure.
The announcement comes as refining capacity has become an increasingly strategic issue for global energy markets. While the United States remains the world’s largest oil producer and a major exporter of refined fuels, relatively few new large-scale refineries have been built in recent decades due to regulatory hurdles, environmental concerns and the high capital costs associated with such projects.
Reliance Industries, headquartered in India, operates one of the world’s largest refining complexes at Jamnagar in Gujarat and has long been a major player in global fuel markets. Its involvement in a U.S. refining project would represent a notable expansion of cross-border energy investment.
Trump said the refinery would create thousands of jobs, boost economic activity in South Texas and expand the United States’ role as a global energy exporter.



