The refinery project will be developed by America First Refining at Brownsville and the project will also involve investment from India’s Reliance Industries. | World News

U.S. President said India's largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.

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.

Trump said the massive Brownsville project would be financed by Reliance Industries, an Indian refining company owned by billionaire Mukesh Ambani.

President Donald Trump on Tuesday announced the construction of a refinery on the southern U.S. border backed by India's Reliance Industries,

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.

According to Trump, the Brownsville refinery, the first new refinery in the US in five decades, entails a $300-billon deal. What is behind the figure? What is Reliance's role? We explain.

President Trump unveils first new US oil refinery in 50 years in Brownsville, Texas – a $300B historic deal backed by India's Reliance.

Plans for an oil refinery in Brownsville, Texas, stalled after a permit fight. Now the developer has rebranded as America First Refining.

The company shared a statement on Tuesday in which it said that it has been working in close proximity with the government in this regard and will be remaining complaint with all guidelines as well as priorities in allocation as per the government.