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CORPORATE & BUSINESS Corporate Deals

Reliance to Invest in First New US Oil Refinery in Five Decades

The United States has announced the construction of its first new oil refinery since 1977, involving a significant investment from Reliance Industries.
The project, located at the Port of Brownsville, Texas, is being developed by America First Refining (AFR) with an investment of approximately USD 300 billion.
The facility is designed to process 1.2 billion barrels of U.S. shale oil, strengthening transatlantic energy ties.
Significance: This marks a massive international expansion for Reliance into the U.S. downstream energy sector, leveraging American shale production.

Key Facts / Static GK

Reliance Industries Chairman: Mukesh Ambani
Port of Brownsville Location: Texas, USA
Previous major U.S. refinery: Garyville, Louisiana (1977)

Q Practice Quiz — 13 March 2026

1. Who has been appointed as the new Managing Director and Chief Executive Officer of HDFC ERGO General Insurance in March 2026?

A Anuj Tyagi
B Parthanil Ghosh
C Keki Mistry
D Ritesh Kumar
E Aditya Puri

Explanation: Parthanil Ghosh has been selected to lead HDFC ERGO General Insurance as its MD and CEO, succeeding Anuj Tyagi.

2. What is the primary objective of the 'Lake and Air Watch' initiative launched by the Gujarat government?

A To provide free drinking water to rural households
B To monitor urban lake ecosystems and air quality using real-time digital systems
C To promote water sports and tourism in the state
D To establish new wildlife sanctuaries across the coastal belt
E To provide subsidies for electric vehicle purchases

Explanation: The 'Lake and Air Watch' initiative is designed for real-time environmental monitoring of lake health and air quality across Gujarat's cities using digital and satellite-based systems.

3. Under the Orunodoi 3.0 scheme of the Assam government, what is the specific amount transferred to each woman beneficiary?

A ₹5,000
B ₹7,500
C ₹9,000
D ₹10,000
E ₹12,000

Explanation: The Assam government transferred ₹9,000 each to 40 lakh women beneficiaries under the Orunodoi 3.0 scheme to provide financial assistance.

4. Regarding the 'Nirbhaya Nisha' initiative, which of the following statements is correct?

A It is a healthcare initiative for elderly citizens in Kerala.
B It provides rapid police assistance to women between 9 PM and 5 AM.
C It was launched by the Ministry of Home Affairs for all Union Territories.
D The initiative offers financial rewards for reporting crimes.
E It is primarily focused on providing free transport to school children.

Explanation: The Kerala Police launched 'Nirbhaya Nisha' specifically to provide rapid assistance to women during night hours (9 PM to 5 AM).

5. Where was the 'Indian Orchid Festival 2026' held?

A Gangtok, Sikkim
B Pakyong, Sikkim
C Kalimpong, West Bengal
D Shillong, Meghalaya
E Itanagar, Arunachal Pradesh

Explanation: The Indian Orchid Festival 2026 concluded at the Pakyong district in Sikkim.

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