Trump Unveils Major Oil Refinery Deal in Texas
President Donald Trump announced the launch of a new oil refinery in Brownsville, Texas. The $300 billion project is a collaboration with Indian energy giant Reliance Industries. The announcement, made on Truth Social, highlights a significant investment in the U.S. energy sector.
Devdiscourse News Desk | Washington DC | Updated: 11-03-2026 03:00 IST | Created: 11-03-2026 03:00 IST
- Country:
- United States
President Donald Trump has unveiled a massive new oil refinery in Brownsville, Texas, valued at $300 billion. This development is a result of a significant investment by Indian energy company Reliance Industries.
The announcement was made on Trump's social media platform, Truth Social, emphasizing the scale and impact of the project.
With Reliance's substantial investment, the project marks a pivotal moment for the U.S. energy sector, potentially providing extensive economic and employment benefits.
(With inputs from agencies.)
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- Texas
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- energy
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- U.S.
- Truth Social
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