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Trump Unveils $300 Billion Oil Refinery in Texas

3/11/2026

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Summary

Story summary

U.S. President Donald Trump announced plans for a new oil refinery at the Port of Brownsville, Texas—the first in 50 years.
The project is named America First Refining and would involve a historic $300 billion investment from India's Reliance Industries.
He said the refinery would enhance U.S. energy production, strengthen national security, and create thousands of jobs, with groundbreaking planned for the second quarter of 2026.

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Story summary

U.S. President Donald Trump announced plans for a new oil refinery at the Port of Brownsville, Texas—the first in 50 years.
The project is named America First Refining and would involve a historic $300 billion investment from India's Reliance Industries.
He said the refinery would enhance U.S. energy production, strengthen national security, and create thousands of jobs, with groundbreaking planned for the second quarter of 2026.