Trump Announces 300 Billion Dollar Deal for First New U.S. Oil Refinery in 50 Years

Mega Project Trump Announces 300 Billion Dollar Deal for First New U.S. Oil Refinery in 50 Years

2026-03-12 From Ahlam Rais 1 min Reading Time

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In a social media post, US President Donald Trump has announced that Reliance Industries will be investing in the country’s first new U.S. Oil Refinery in 50 years. Claiming it to be the cleanest refinery in the world, the plant will be located at the Port of Brownsville in Texas, USA.

Reliance Industries, one of India’s largest energy companies, will be investing in the new refinery at the Port of Brownsville in Texas, USA, according to Trump’s post. (Source: Unsplash) — Reliance Industries, one of India’s largest energy companies, will be investing in the new refinery at the Port of Brownsville in Texas, USA, according to Trump’s post.
(Source: Unsplash)

Washington/USA – US President Donald Trump has recently announced on social media that the country is opening the first new U.S. Oil Refinery in 50 years. Reliance Industries, one of India’s largest energy companies, will be investing in the new refinery at the Port of Brownsville in Texas, USA, according to Trump’s post. Calling it a historic 300-billion-dollar deal and the biggest in U.S. history, Trump mentions that it will be the cleanest refinery in the world.

“Today I am proud to announce that America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas. THIS IS A HISTORIC $300 BILLION DOLLAR DEAL — THE BIGGEST IN U.S. HISTORY, A MASSIVE WIN for American Workers, Energy, and the GREAT People of South Texas! Thank you to our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment,” Trump said in the post.

“A new Refinery at the Port of Brownsville, will fuel U.S. Markets, strengthen our National Security, boost American Energy production, deliver Billions of Dollars in Economic impact, and will be THE CLEANEST REFINERY IN THE WORLD,” Trump added.

Reliance has not yet made any formal announcements regarding the deal.

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