Subsidy Tracker: Industry Summary Page

Major Industry: 
oil and gas
Subsidy Total: 
$12,439,362,748
Number of Awards: 
2,306
Time Period: 

Earliest year of data: 1983. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this industry are for the period since 2011.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The total includes only those entries matched to a parent company. The industry designation is the primary one for the parent's operations overall. Dollar totals do not include awards for which no subsidy value is disclosed.


Top 10 Parent CompaniesTotal Subsidy $Number of Awards
Cheniere Energy$3,864,202,23921
Venture Global LNG$1,869,575,0002
Royal Dutch Shell$1,795,683,725116
Exxon Mobil$1,015,682,466115
Valero Energy$921,967,56583
Marathon Petroleum$495,666,522124
Saudi Arabian Oil Company (Saudi Aramco)$408,600,74433
BP$315,249,099103
Phillips 66$268,551,889182
Occidental Petroleum$206,216,08651


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Value Loan/Bailout Valuesort icon Type of Subsidy
Exxonmobil Development Co Exxon Mobil United States federal 2010 $374,340,634 federal loan or loan guarantee
Exxonmobil Development Co Exxon Mobil United States federal 2010 $476,258,965 federal loan or loan guarantee
Exxonmobil Development Co Exxon Mobil United States federal 2010 $490,691,056 federal loan or loan guarantee
Chevron U.S.A. Inc. Chevron United States federal 2010 $650,000,000 federal tax-exempt bond
Marathon Oil Corp. Marathon Petroleum United States federal 2007 $1,000,000,000 federal tax-exempt bond
Exxonmobil Development Co Exxon Mobil United States federal 2010 $1,349,400,401 federal loan or loan guarantee
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