Ambani’s Reliance Backs Major Oil Refinery Project in Texas, Trump Calls It a Historic Deal

The United States has announced plans to build a new oil refinery in Texas with investment support from India’s Reliance Industries. The announcement was made by Donald Trump, who described the project as a “historic” deal that could reshape energy cooperation between the United States and India.

The refinery will be located at the Port of Brownsville in Texas and is expected to become the first new oil refinery built in the United States in nearly 50 years. The project will be developed by America First Refining with financial backing from Reliance Industries, the Indian conglomerate led by billionaire Mukesh Ambani.

According to Trump, the overall economic value of the deal could reach about $300 billion over time. He shared the announcement on his social media platform Truth Social and thanked Reliance Industries for its investment and partnership in the project.

First New U.S. Refinery in 50 Years

If completed, the Texas refinery would mark a major milestone for the American energy industry. The United States has not built a large new refinery in almost five decades, mainly because of high costs, environmental rules, and complex approval processes.

The proposed refinery is expected to process around 160,000 barrels of crude oil per day and will primarily use American shale oil. This could help strengthen domestic fuel production and reduce dependence on imported refined fuels.

Officials say the project may also create thousands of jobs during construction and operation. The refinery is expected to boost economic activity in the Texas Gulf Coast region and increase energy exports from the United States.

Reliance’s Global Expansion in Energy

For Reliance Industries, the investment represents another step in expanding its presence in global energy markets. The company already operates the world’s largest refining complex in Jamnagar.

The Jamnagar refinery is known for its advanced technology and ability to process different types of crude oil efficiently. Because of this expertise, Reliance is considered one of the most experienced companies in large-scale refining projects.

Experts believe that the knowledge gained from the Jamnagar complex could help in designing and operating the new refinery in Texas. In fact, some reports suggest that the Jamnagar model may serve as a blueprint for the American project.The refinery project comes at a time when energy security is becoming increasingly important worldwide. Rising geopolitical tensions and fluctuating oil prices have forced many countries to strengthen their domestic energy infrastructure.

The new refinery could play a key role in increasing U.S. refining capacity and stabilizing fuel supplies. It may also help the United States process more of its own crude oil rather than exporting it for refining abroad.

Trump said the facility would process 100 percent American crude oil and could become one of the cleanest refineries in the world due to modern technology and environmental standards.

Questions and Uncertainty Around the Deal

Despite the announcement, some details of the project remain unclear. Analysts have pointed out that Reliance Industries has not yet officially confirmed the investment amount mentioned by Trump.

In addition, some experts believe that the $300 billion figure refers to the long-term value of oil processing and refined products rather than the actual construction cost of the refinery. The physical cost of building the facility could be much lower.

There are also questions about the demand for new refineries in the Gulf Coast region, which already hosts many of the largest refining facilities in the United States. Some analysts say the new refinery may focus more on exports than domestic consumption.

Construction Timeline

According to reports, construction of the refinery could begin in the second quarter of 2026, once approvals and financial arrangements are finalized. The facility will be built by America First Refining with Reliance acting as a strategic investor and long-term buyer of refined products.

Reliance has reportedly agreed to a long-term agreement to purchase fuel and other products from the refinery for up to 20 years, ensuring stable demand for the project.