Trump Hails Mukesh Ambani as Reliance Backs $300 Billion US Oil Refinery in Texas — First in 50 Years

Trump Hails Mukesh Ambani as Reliance Backs $300 Billion US Oil Refinery in Texas — First in 50 Years
The United States plans its first oil refinery in 50 years in Texas with a $300 billion investment backed by Reliance Industries, a move aimed at boosting energy security and global oil supply.

In a landmark development for the global energy sector, the United States is set to build its first oil refinery in nearly five decades, with India’s Reliance Industries emerging as a major investor in the massive project. Former US President Donald Trump announced that the refinery will be constructed at the Port of Brownsville in Texas, calling the $300 billion (over ₹27 lakh crore) deal with Mukesh Ambani-led Reliance a historic step that could reshape energy supply chains amid fears of a global oil shortage triggered by geopolitical tensions.

Speaking about the ambitious project, Trump said the refinery would mark the first time in 50 years that the United States has built a new oil refining facility. He described the agreement with Reliance Industries as one of the most significant energy investments in recent American history.

Trump Hails Mukesh Ambani as Reliance Backs $300 Billion US Oil Refinery in Texas — First in 50 Years
Trump Hails Mukesh Ambani as Reliance Backs $300 Billion US Oil Refinery in Texas — First in 50 Years

According to Trump, the refinery will be located at the Brownsville port in Texas, a strategically important hub for energy infrastructure and global shipping routes. The project is expected to boost domestic fuel production, strengthen America’s energy security, and play a key role in stabilising global oil supply at a time when markets remain volatile due to ongoing conflicts in the Middle East, particularly tensions involving Iran.

Trump also highlighted that the upcoming facility would be designed as the “cleanest refinery in the world,” incorporating advanced technology to reduce emissions and improve efficiency in petroleum processing.

The project is also expected to generate thousands of jobs and stimulate economic activity in the region. However, Trump emphasized that the development would follow an “America First” approach, ensuring that employment opportunities created by the refinery primarily benefit American workers.

Thanking Reliance Industries for its massive investment, Trump called the partnership a testament to growing economic cooperation between the United States and India in the energy sector.

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