Summary
- Summary pending editorial review.
Key Facts
| Fact | Value |
|---|---|
| Location | Brownsville, Texas |
| Project Type | Oil Refinery |
| Investment Partner | India’s Reliance |
| Historical Context | First new US oil refinery in 50 years |
Sources
- Financial Times: https://www.ft.com/content/9ead6309-ca6d-4f24-b765-360b840bc01b
Updates
Update at 02:17 UTC on 2026-03-11
CNBC reported U.S. President announced a $300-billion refinery project in Texas backed by India's largest private energy company.
Sources: CNBC