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Trump Announces $300 Billion Texas Refinery Deal with India's Reliance

The $300 billion project will create thousands of jobs and aims to reduce U.S. dependence on foreign refining while boosting exports, officials said.

  • Trump announced a $300 billion deal with India's Reliance Industries to build the first new US oil refinery in 50 years in Brownsville, Texas.
  • The refinery, designed to process 100% American shale oil, will strengthen US national security, boost domestic energy production, and deliver economic impact.
  • Trump called it a 'historic' deal, the biggest in US history, and thanked Reliance for the 'tremendous Investment'.
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Donald Trump reveals investment of 300,000 mdd to refine "America First" in Brownsville; to be the first in the US in more than 50 years.

·Mexico City, Mexico
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KRIS broke the news in on Tuesday, March 10, 2026.
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