Reliance Industries to Partner in $300 Billion Texas Oil Refinery Project, Trump Says

Trump said the United States would get its first new oil refinery in 50 years through a project in Brownsville, Texas, with investment support from India’s Reliance Industries.

Summary

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Terms & Concepts
  • Oil refinery: An industrial facility that processes crude oil into fuels and other petroleum products.
  • Capital investment: Money committed to build or expand long-term industrial infrastructure such as energy facilities.