As the Strait of Hormuz shuts down amid war in Iran, President Trump announces America's first new oil refinery in decades.
A new oil refinery planned for Brownsville could bring thousands of jobs and a major energy investment to the region. But it could also pose risks to the region's environment and water supply.
7dOpinion
Trump unveils plan for first U.S. oil refinery in 50 years with backing from India's Reliance
Trump says a $300B Reliance-backed refinery in Brownsville, Texas—the first new U.S. plant in 50 years—could start in 2026.
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.
LONDON--(BUSINESS WIRE)-- Phillips 66 Limited has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions, ...
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