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 ...

U.S. President said India's largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.

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.

Here’s something worth knowing: most cooking oils go through an intense industrial process before they reach your kitchen. High heat, chemical solvents, deodorizing treatments—refining is what gives oils their neutral flavor,