US EditionPublished • loading... • Updated
Trump announces opening of oil refinery in Texas
America First Refining's $300 billion project aims to process 1.2 billion barrels of U.S. shale oil, creating thousands of jobs and boosting energy security, officials said.
- On Tuesday, March 10, 2026 President Donald Trump announced America First Refining will build a $300 billion oil refinery at the Port of Brownsville, Texas, the first new U.S. refinery in 50 years.
- Framed under the America First energy agenda, officials said the refinery at the Port of Brownsville will cut reliance on imports, create thousands of high-quality American jobs, and break ground in Q2 2026.
- America First Refining said the project is backed by investment from Reliance Industries Ltd. and a global supermajor, with a binding 20-year offtake and capacity for ~60 million barrels of 47° API American light shale oil annually.
- It came amid energy turmoil tied to the ongoing conflict with Iran as oil price nearly $120 on Monday and AAA national average gas price $3.54 on Tuesday.
- John V. Calce said 'This project represents a historic step forward for American energy production', claiming 1.2 billion barrels purchases, 50 billion gallons of refined products, and a $300 billion trade improvement.
Insights by Ground AI
15 Articles
15 Articles
Trump announces 'historic' $300 billion oil refinery in Texas, thanks 'partners in India, Reliance'
Donald Trump announced a $300 billion oil refinery project in Brownsville, Texas, the first new US refinery in 50 years, and publicly thanked “partners in India, Reliance” for backing the historic energy investment.
·New Delhi, India
Read Full Article
America First Refining Secures Landmark 20-Year Offtake Agreement and Capital Investment to Construct First New U.S. Refinery in 50 years.
/PRNewswire/ -- America First Refining announced a historic milestone in U.S. energy production: the construction of the first new oil refinery built in the...
·United States
Read Full Article
Trump announces America is opening its first new oil refinery in 50 years
President Donald Trump announced on Tuesday that the U.S. is opening the first domestic oil refinery in the last half-century. Trump claimed in a new post on Truth Social that the refinery will be located in Brownsville, Texas, and will be built using funds from a more than $300 billion…
Coverage Details
Total News Sources15
Leaning Left4Leaning Right0Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
Factuality
To view factuality data please Upgrade to Premium
