In a post on Truth Social, Trump said America First Refining is opening the first new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas.
“THIS IS A HISTORIC USD 300 BILLION DOLLAR DEAL THE BIGGEST IN U.S. HISTORY, A MASSIVE WIN for American Workers, Energy, and the GREAT People of South Texas!,” he said.
Thank you to our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment, Trump said.
A new Refinery at the Port of Brownsville, will fuel U.S. Markets, strengthen our National Security, boost American Energy production, deliver Billions of Dollars in Economic impact, and will be THE CLEANEST REFINERY IN THE WORLD, he said.
It will power Global Exports, and bring THOUSANDS of long overdue Jobs and Growth to a Region that deserves it, he said.
A release from America First Refining said in February it received a 9-figure investment from a global supermajor at a 10-figure valuation.
The company said it also signed a binding 20-year offtake term sheet with the same global supermajor that secures commitments to purchase, process, and distribute American-produced energy exclusively sourced from American shale oil. The company will officially break ground on the new refinery in Q2 2026.
“This project represents a historic step forward for American energy production,” said John V. Calce, Chairman and Founder of America First Refining.
“For the first time in half a century, the United States will build a new refinery designed specifically for American shale oil. Thanks to President Trump’s leadership and the resurgence of an America First energy policy, we are creating thousands of high-quality jobs while ensuring more of our nation’s energy resources are refined here at home in the cleanest, most efficient refinery on the planet,” he added.
“This is one of the most important energy infrastructure projects in America today,” said Trey Griggs, President of America First Refining.
“The United States has a surplus of light shale oil but a shortage of refining capacity designed to process it. By building this refinery at the Port of Brownsville, we’re unlocking a major expansion of American energy production while creating thousands of high-paying jobs and strengthening our domestic supply chain,” he said.
