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
Ergon West Virginia Inc Ergon West Virginia state 2010 undisclosed tax credit/rebate
Marathon Petroleum Company LP Marathon Petroleum West Virginia state 2010 undisclosed tax credit/rebate
SPEEDWAY, LLC Marathon Petroleum Illinois local 2017 undisclosed tax credit/rebate
SPEEDWAY LLC Marathon Petroleum Illinois local 2015 undisclosed tax credit/rebate
OCCIDENTAL CHEMICAL CORPORATION Occidental Petroleum Tennessee local 2017 undisclosed property tax abatement
OCCIDENTAL CHEMICAL CORPORATION Occidental Petroleum Tennessee local 2018 undisclosed property tax abatement
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