In March 2026, Donald Trump, President of the United States of America (USA), announced that the USA would build its first new oil refinery in nearly 50 years with investment from Reliance Industries Limited (RIL), led by Indian industrialist Mukesh Ambani.
- The refinery will be developed at the Port of Brownsville, Texas (USA) and is expected to strengthen energy security, boost domestic oil production and create significant economic impact.
Overview of the Refinery Project
Announcement: USA announced the refinery project to expand domestic refining capacity and reduce dependence on imported refined petroleum products.
Location: The refinery will be developed at the Port of Brownsville (PoB) in Texas (TX), USA, marking the first major refinery built in the country since Marathon Petroleum Corporation (MPC) established its refinery at Garyville, Louisiana (LA) in 1977.
Developer: The project will be developed by America First Refining (AFR) with investment linked to RIL.
Investment: The refinery involves an estimated investment of about USD 300 billion, designed to process 1.2 billion barrels (BBL) of United States shale oil (USSO) valued at USD 125 billion and produce around 50 billion gallons (BG) of refined petroleum products worth about USD 175 billion.
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