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November 19, 2017

OAN Newsroom

The first oil refinery to open in the U.S. in 40 years breaks ground in west Texas.

The MMEX Resources Corporation’s $50 million project will be built in Pecos county.

It will be developed in two phases and is expected to create hundreds of jobs.

Once completed, the 126-acre refinery will be able to process 10-thousand barrels of crude oil each day.

Meanwhile, officials plan to file permits for a second unit which would be able to produce 100-thousand barrels.

The first phase of the project is expected to be completed by the end of 2018.

 



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