Subsidy Tracker: Industry Summary Page

Major Industry: 
oil and gas
Subsidy Total: 
$12,548,670,503
Number of Awards: 
2,436
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 2012.

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$1,822,610,637120
Exxon Mobil$1,021,177,998119
Valero Energy$954,453,34184
Marathon Petroleum$495,666,522124
Saudi Arabian Oil Company (Saudi Aramco)$408,600,74433
BP$315,530,694105
Phillips 66$271,738,942185
Occidental Petroleum$207,104,46959


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
ConocoPhillips Phillips 66 United States federal 2004 $36,000,000 federal grant
Valero Refining - Meraux LLC Valero Energy Louisiana state 2015 $38,155,721 property tax abatement
Long Island Solar Farm LLC BP United States federal 2012 $45,227,568 federal grant
VALERO REFINING COMPANY OKLAHOMA COMBINE Valero Energy Oklahoma state 2009 $45,241,062 tax credit/rebate
Exxon Mobil Corporation (Refinery) Exxon Mobil Louisiana local 2017 $45,396,921 property tax abatement
Motiva Enterprises LLC Saudi Arabian Oil Company (Saudi Aramco) Louisiana state 2009 $46,256,642 property tax abatement
Sabine Pass LNG, LP Cheniere Energy Louisiana local 2017 $54,604,525 property tax abatement
Valero Refining-New Orleans, LLC Valero Energy Louisiana state 2012 $54,622,949 property tax abatement
Golden Pass LNG LLC (An Affiliate of Exxon Mobil Corporation) Exxon Mobil Texas local 2007 $56,992,418 property tax abatement
Devon Energy Devon Energy Oklahoma state 2013 $66,850,000 MEGADEAL
Marathon Petroleum Corporation Marathon Petroleum Ohio state 2011 $72,128,036 tax credit/rebate
Valero Refining-New Orleans, LLC Valero Energy Louisiana state 2008 $73,001,528 property tax abatement
Goshen Phase II LLC BP United States federal 2011 $78,055,029 federal grant
Marathon Petroleum Marathon Petroleum Ohio state 2011 $78,500,000 MEGADEAL
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana state 2011 $115,535,897 tax credit/rebate
Valero Refining-New Orleans, LLC Valero Energy Louisiana state 2013 $118,864,209 property tax abatement
ExxonMobil Corp dba Exxon Refinery Exxon Mobil Louisiana state 2011 $118,895,273 property tax abatement
ExxonMobil Exxon Mobil Louisiana local 2011 $118,895,273 MEGADEAL
Sabine Pass LNG, LP Cheniere Energy Louisiana state 2010 $126,098,145 property tax abatement
Valero Refining Valero Energy Louisiana multiple 2013 $128,622,663 MEGADEAL
Anadarko Petroleum Occidental Petroleum Texas local 2012 $175,000,000 MEGADEAL
Marathon Petroleum Marathon Petroleum Michigan multiple 2007 $186,000,000 MEGADEAL
Motiva Enterprises LLC Saudi Arabian Oil Company (Saudi Aramco) Texas local 2008 $210,425,638 property tax abatement
Valero Refining New Orleans, LLC Valero Energy Louisiana local 2014 $234,442,649 property tax abatement
Valero Refining New Orleans, LLC Valero Energy Louisiana local 2014 $234,442,649 MEGADEAL
Motiva Enterprises Saudi Arabian Oil Company (Saudi Aramco) Texas multiple 2006 $257,400,000 MEGADEAL
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana state 2015 $402,825,000 property tax abatement
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana local 2015 $405,922,115 MEGADEAL
Exxon Mobil and Saudi Basic Industries Corp. Exxon Mobil Texas multiple 2017 $460,000,000 MEGADEAL
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana local 2017 $516,278,327 property tax abatement
Venture Global Plaquemines LNG, LLC Venture Global LNG Louisiana state 2016 $835,550,000 property tax abatement
Venture Global Calcasieu Pass, LLC Venture Global LNG Louisiana state 2016 $1,034,025,000 property tax abatement
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana state 2016 $1,167,159,062 property tax abatement
Sabine Pass Liquefaction, LLC Cheniere Energy Louisiana state 2011 $1,447,200,000 property tax abatement
Royal Dutch Shell Royal Dutch Shell Pennsylvania state 2012 $1,650,000,000 MEGADEAL
Cheniere Energy Cheniere Energy Louisiana multiple 2010 $1,689,328,873 MEGADEAL
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