BROWNSVILLE, Texas — For the first time in nearly 50 years, a new oil refinery will be built in the United States, in Brownsville, Texas. President Donald Trump announced the plans for the new large-scale refinery at the Port of Brownsville in a post on ...

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.

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.

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

This move aims to safeguard the nation's economy amidst the ongoing conflict in West Asia. The tightened measures represent a significant escalation from previous, non-mandatory guidance.

Abu Dhabi's state oil company ADNOC halted the Ruwais refinery after an Iranian drone strike sparked a fire. Source: Reuters. Details: The decision was taken after a fire broke ou