News Desk: In a major development for the global energy sector, U.S. President Donald Trump has announced plans to build the first new oil refinery in the United States in nearly five decades, with investment support from India’s energy giant Reliance Industries.
The refinery will be constructed at the Port of Brownsville in Brownsville, Texas, and is expected to significantly boost American energy capacity and employment.
Historic Energy Investment
Announcing the development on Truth Social, Trump described the project as a landmark investment for the U.S. energy sector.
“I am proud to announce that America First Refining is opening the first new U.S. oil refinery in 50 years in Brownsville, Texas,” Trump said, calling the initiative a “historic $300 billion deal” — the largest of its kind in U.S. history.
The project will be executed by America First Refining, which has taken over a refinery plan originally developed by Element Fuels. The earlier project had already completed site preparation and obtained permits for a refinery capable of processing around 160,000 barrels of crude oil per day.
Long-Term Fuel Supply Agreement with Reliance
According to company statements, America First Refining plans to begin construction in the second quarter of the year. It has also secured a 20-year agreement with Reliance Industries to sell the refined fuels produced at the facility.
Trump thanked Reliance for joining the venture, highlighting it as an example of international investment flowing into the United States due to his administration’s policies.
“Thank you to our partners in India and their largest privately held energy company, Reliance, for this tremendous investment,” he said.
The U.S. president added that policies such as faster permitting, lower taxes, and deregulation have encouraged major energy investments under his “America First” agenda.
President Donald J. Trump announces that America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas. 🇺🇸
This is what AMERICAN ENERGY DOMINANCE looks like. 💪 pic.twitter.com/UTOW7wECCI
— The White House (@WhiteHouse) March 10, 2026
Strategic and Economic Impact
Once operational, the Brownsville refinery is expected to:
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Strengthen U.S. energy security
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Expand domestic refining capacity
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Support fuel exports to global markets
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Create thousands of jobs in South Texas
Trump also claimed the facility would be “the cleanest refinery in the world,” combining advanced technology with high environmental standards.
“This is what American energy dominance looks like. America First, always,” he said.
Global Energy Context
The announcement comes amid growing volatility in global oil markets due to escalating tensions in the Middle East following the killing of Ali Khamenei in a U.S.–Israeli strike on Tehran on February 28. The conflict has raised concerns about oil supply disruptions, particularly in the Strait of Hormuz, a key global shipping route.
The White House is also considering measures such as releasing oil from strategic reserves and providing military escorts for tankers to stabilize fuel prices.
Reliance Shares Rise
Following Trump’s announcement, shares of Reliance Industries rose in early trading on Wednesday. The stock climbed about 1.74 percent to ₹1,433.65 on the Bombay Stock Exchange, reflecting investor optimism about the company’s involvement in the landmark U.S. refinery project.
