Trump, Reliance and oil refinery
Digest more
WASHINGTON, March 10 (Reuters) - U.S. President Donald Trump announced on Tuesday the opening of an oil refinery in Brownsville, Texas and thanked Indian energy company Reliance for its investment. Trump made the announcement on Truth Social,
The refinery, which will be built in Brownsville, Texas, is backed by Indian energy group Reliance Industries.
22hon MSN
Indian Billionaire Mukesh Ambani Backing U.S. Refinery Deal Shows Shifting Global Energy Dynamics
The project—which would be first new oil refinery to be constructed in the U.S. in 50 years—is expected to produce 1.2 billion barrels of light shale oil worth $125 billion and 50 billion gallons of refined products valued at $175 billion.
Reliance Industries (RIL) will bankroll the first new oil refinery project in the US in 50 years, marking one of its biggest overseas bets and.
US President Donald Trump has announced that a new oil refinery will be opening in Texas’s Brownsville, the first such facility to be built in five decades. We explain the importance of this facility,
President Trump said the U.S. will get its first new oil refinery in 50 years with the help of investment from India’s Reliance Industries Ltd. “I am proud to announce that America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS ...