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Trump unveils Texas refinery deal with Ambani’s Reliance
The President described the $300 billion deal as ‘REAL ENERGY DOMINANCE’
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Jeffin T. Kaleekal - Wed, 11, Mar 2026
- 02:06 EDT
- 18
U.S. President Donald Trump dances during an event at the Port of Corpus Christi in Corpus Christi, Texas, U.S., February 27, 2026. / REUTERS/Elizabeth Frantz
U.S. President Donald Trump, on March 10, announced plans to open an oil refinery in Brownsville, Texas, crediting Indian conglomerate Reliance Industries for the project.
Making the announcement on Truth Social, Trump described the move as “REAL ENERGY DOMINANCE.” The project, Trump noted, would be the country’s first oil refinery in 50 years.
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The Brownsville refinery would be jointly constructed by U.S. firm America First Refining and Indian energy company Reliance. Trump said, “THIS IS A HISTORIC $300 BILLION 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 credited his administration’s “America First agenda, streamlining permits, and lowering taxes” for the deal and noted that the new refinery would fuel U.S. markets, strengthen national security, boost American energy production and deliver billions of dollars in economic impact.
Trump added that the move would also fuel global exports while bringing jobs and growth to the region.
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