WASHINGTON: President Donald Trump said yesterday that Indian energy giant Reliance Industries was backing a deal to build the first new major oil refinery in the US in half a century.
Trump made the announcement via his Truth Social platform, saying the company America First Refining would construct the new facility at the Port of Brownsville, Texas.
“This is a historic US$300 billion dollar deal – the biggest in US history,” Trump wrote, framing the project as a cornerstone of his energy agenda, but offering no details on the plan.