Brownsville oil refinery announces new funding partner; anticipates April groundbreaking

A new $3-4 billion oil refinery in Brownsville, Texas, has secured funding from Indian conglomerate Reliance and is expected to be fully operational by 2029, creating 500 direct jobs and thousands of ...

Trump says the US will open its first new oil refinery in nearly 50 years as the US military avoids bombing Iran’s oil infrastructure

The refinery, which will be built in Brownsville, Texas, is backed by Indian energy group Reliance Industries.

Oil and gas prices fall after Trump says war is 'very complete'

Oil and gas prices fell sharply on Tuesday after US President Donald Trump said that the war in Iran was "very complete, ...