Subsidy Tracker: Industry Summary Page
Major Industry:
oil and gas
Subsidy Total:
$12,455,758,533
Number of Awards:
2,390
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 Companies | Total Subsidy $ | Number of Awards |
|---|---|---|
| Cheniere Energy | $3,864,202,239 | 21 |
| Venture Global LNG | $1,869,575,000 | 2 |
| Royal Dutch Shell | $1,795,683,725 | 116 |
| Exxon Mobil | $1,015,682,466 | 115 |
| Valero Energy | $921,967,565 | 83 |
| Marathon Petroleum | $495,666,522 | 124 |
| Saudi Arabian Oil Company (Saudi Aramco) | $408,600,744 | 33 |
| BP | $315,530,694 | 105 |
| Phillips 66 | $270,036,485 | 184 |
| Occidental Petroleum | $207,104,469 | 59 |
Individual Subsidy Records:
| Company | Parent | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|---|
| Cheniere Energy | Cheniere Energy | Louisiana | multiple | 2010 | $1,689,328,873 |
MEGADEAL  |
|
| Royal Dutch Shell | Royal Dutch Shell | Pennsylvania | state | 2012 | $1,650,000,000 |
MEGADEAL |
|
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | state | 2011 | $1,447,200,000 | property tax abatement | |
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | state | 2016 | $1,167,159,062 | property tax abatement | |
| Venture Global Calcasieu Pass, LLC | Venture Global LNG | Louisiana | state | 2016 | $1,034,025,000 | property tax abatement | |
| Venture Global Plaquemines LNG, LLC | Venture Global LNG | Louisiana | state | 2016 | $835,550,000 | property tax abatement | |
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | local | 2017 | $516,278,327 | property tax abatement | |
| Exxon Mobil and Saudi Basic Industries Corp. | Exxon Mobil | Texas | multiple | 2017 | $460,000,000 |
MEGADEAL |
|
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | local | 2015 | $405,922,115 |
MEGADEAL |
|
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | state | 2015 | $402,825,000 | property tax abatement | |
| Motiva Enterprises | Saudi Arabian Oil Company (Saudi Aramco) | Texas | multiple | 2006 | $257,400,000 |
MEGADEAL |
|
| 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 LLC | Saudi Arabian Oil Company (Saudi Aramco) | Texas | local | 2008 | $210,425,638 | property tax abatement | |
| Marathon Petroleum | Marathon Petroleum | Michigan | multiple | 2007 | $186,000,000 |
MEGADEAL |
|
| Anadarko Petroleum | Occidental Petroleum | Texas | local | 2012 | $175,000,000 |
MEGADEAL |
|
| Valero Refining | Valero Energy | Louisiana | multiple | 2013 | $128,622,663 |
MEGADEAL |
|
| Sabine Pass LNG, LP | Cheniere Energy | Louisiana | state | 2010 | $126,098,145 | 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 |
|
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2013 | $118,864,209 | property tax abatement | |
| Sabine Pass Liquefaction, LLC | Cheniere Energy | Louisiana | state | 2011 | $115,535,897 | tax credit/rebate | |
| Marathon Petroleum | Marathon Petroleum | Ohio | state | 2011 | $78,500,000 |
MEGADEAL |
|
| Goshen Phase II LLC | BP | United States | federal | 2011 | $78,055,029 | federal grant | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2008 | $73,001,528 | property tax abatement | |
| Marathon Petroleum Corporation | Marathon Petroleum | Ohio | state | 2011 | $72,128,036 | tax credit/rebate | |
| Devon Energy | Devon Energy | Oklahoma | state | 2013 | $66,850,000 |
MEGADEAL |
|
| Golden Pass LNG LLC (An Affiliate of Exxon Mobil Corporation) | Exxon Mobil | Texas | local | 2007 | $56,992,418 | property tax abatement | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2012 | $54,622,949 | property tax abatement | |
| Sabine Pass LNG, LP | Cheniere Energy | Louisiana | local | 2017 | $54,604,525 | property tax abatement | |
| Motiva Enterprises LLC | Saudi Arabian Oil Company (Saudi Aramco) | Louisiana | state | 2009 | $46,256,642 | property tax abatement | |
| Exxon Mobil Corporation (Refinery) | Exxon Mobil | Louisiana | local | 2017 | $45,396,921 | property tax abatement | |
| VALERO REFINING COMPANY OKLAHOMA COMBINE | Valero Energy | Oklahoma | state | 2009 | $45,241,062 | tax credit/rebate | |
| Long Island Solar Farm LLC | BP | United States | federal | 2012 | $45,227,568 | federal grant | |
| Valero Refining - Meraux LLC | Valero Energy | Louisiana | state | 2015 | $38,155,721 | property tax abatement | |
| ConocoPhillips | Phillips 66 | United States | federal | 2004 | $36,000,000 | federal grant | |
| ConocoPhillips Company | Phillips 66 | Texas | local | 2006 | $33,918,601 | property tax abatement | |
| SandRidge Energy | SandRidge Energy | Texas | local | 2009 | $33,885,637 | property tax abatement | |
| Marathon Petroleum Company LP | Marathon Petroleum | Louisiana | local | 2017 | $33,782,131 | property tax abatement | |
| Equilon Enterprises LLC (dba SOPUS) | Royal Dutch Shell | Louisiana | local | 2017 | $33,404,580 | property tax abatement | |
| Motiva Company, Inc. | Saudi Arabian Oil Company (Saudi Aramco) | Louisiana | state | 2016 | $32,943,052 | property tax abatement | |
| Exxon Mobil Corp dba Exxon Mobil Corp | Exxon Mobil | Louisiana | state | 2016 | $32,828,311 | property tax abatement | |
| The Premcor Refining Group Inc. | Valero Energy | Texas | local | 2009 | $32,749,080 | property tax abatement | |
| Placid Refining Company, LLC | Placid Refining | Louisiana | state | 2009 | $31,643,501 | property tax abatement | |
| VALERO REFINING COMPANY OKLAHOMA COMBINE | Valero Energy | Oklahoma | state | 2012 | $31,577,513 | tax credit/rebate | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2015 | $31,561,787 | property tax abatement | |
| PHILLIPS 66 PARTNERS LP | Phillips 66 | Louisiana | local | 2017 | $29,456,700 | property tax abatement | |
| BP Wind Energy North America Inc. | BP | Texas | local | 2011 | $27,721,124 | property tax abatement | |
| Exxon Mobil Corporation | Exxon Mobil | Louisiana | state | 2016 | $27,400,345 | property tax abatement | |
| Total Petrochemicals | Total S.A. | Texas | local | 2009 | $26,651,621 | property tax abatement | |
| Sunray Wind LLC | Valero Energy | United States | federal | 2009 | $26,246,825 | federal grant | |
| Freeport LNG Development, L.P. | Freeport LNG Development | Texas | local | 2014 | $26,116,764 | property tax abatement | |
| Enlink Midstream Operating, LP | EnLink Midstream | Louisiana | state | 2015 | $22,856,532 | property tax abatement | |
| Premcor Refining Group Inc. | Valero Energy | Texas | local | 2005 | $20,695,952 | property tax abatement | |
| Delaware City Refining Company | PBF Energy | Delaware | state | 2010 | $20,000,000 | grant/loan hybrid program | |
| Sabine Pass LNG, LP | Cheniere Energy | Louisiana | state | 2016 | $19,589,195 | property tax abatement | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2008 | $19,332,497 | property tax abatement | |
| Marathon Petroleum Company LP | Marathon Petroleum | Louisiana | local | 2014 | $18,420,292 | property tax abatement | |
| Enterprise Products Company | Enterprise Products Partners | Louisiana | state | 2012 | $17,819,752 | property tax abatement | |
| Marathon Petroleum Company LP | Marathon Petroleum | Louisiana | local | 2017 | $17,547,827 | property tax abatement | |
| Exxon Mobil Corporation (Refinery) | Exxon Mobil | Louisiana | state | 2015 | $17,300,077 | property tax abatement | |
| LION OIL COMPANY | Delek | Arkansas | state | 2010 | $17,293,748 | tax credit/rebate | |
| Exxon Mobil Corporation (Polyolefins) | Exxon Mobil | Louisiana | state | 2011 | $17,016,079 | property tax abatement | |
| Enterprise Hydrocarbons, LP | Enterprise Products Partners | Texas | local | 2012 | $16,872,634 | property tax abatement | |
| Enterprise Products Operating LLC | Enterprise Products Partners | Texas | local | 2012 | $16,713,189 | property tax abatement | |
| Enterprise Products Operating LLC | Enterprise Products Partners | Texas | local | 2011 | $16,585,522 | property tax abatement | |
| Enterprise Products Operating | Enterprise Products Partners | Texas | local | 2010 | $16,552,174 | property tax abatement | |
| VALERO REFINING COMPANY OKLAHOMA COMBINE | Valero Energy | Oklahoma | state | 2013 | $16,493,235 | tax credit/rebate | |
| ExxonMobil Corporation | Exxon Mobil | Texas | local | 2004 | $16,359,442 | property tax abatement | |
| Sherbino II Wind Farm, LLC | BP | Texas | local | 2011 | $16,251,350 | property tax abatement | |
| Exxon Mobil Corporation (Refinery) | Exxon Mobil | Louisiana | state | 2010 | $16,134,909 | property tax abatement | |
| Chalmette Refining, LLC | PBF Energy | Louisiana | state | 2008 | $15,973,326 | property tax abatement | |
| Enterprise Products Company | Enterprise Products Partners | Louisiana | state | 2012 | $15,860,450 | property tax abatement | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2009 | $15,802,093 | property tax abatement | |
| Valero Refining-New Orleans, LLC | Valero Energy | Louisiana | state | 2011 | $15,634,096 | property tax abatement | |
| Exxon Mobil Corporation (Chemical) | Exxon Mobil | Louisiana | state | 2010 | $15,628,388 | property tax abatement | |
| Motiva Enterprises LLC | Saudi Arabian Oil Company (Saudi Aramco) | Louisiana | state | 2012 | $14,382,088 | property tax abatement | |
| SUNPOWER CORPORATION | Total S.A. | United States | federal | 2017 | $14,345,960 | federal grant | |
| Enterprise Products Company | Enterprise Products Partners | Louisiana | state | 2012 | $13,413,864 | property tax abatement | |
| Exxon Mobil Corp (Chemical) | Exxon Mobil | Louisiana | state | 2012 | $13,296,514 | property tax abatement | |
| Valero | Valero Energy | Tennessee | local | 2011 | $13,199,009 | property tax abatement | |
| TE Products Pipeline Company | Enterprise Products Partners | Texas | local | 2008 | $13,172,154 | property tax abatement | |
| DCP Midstream, LP | DCP Midstream Partners | Texas | local | 2013 | $13,055,788 | property tax abatement | |
| Marathon Petroleum Company LLC | Marathon Petroleum | Illinois | state | 2008 | $12,712,135 | tax credit/rebate | |
| Denbury Onshore, LLC | Denbury Resources | Louisiana | local | 2017 | $12,615,120 | property tax abatement | |
| Valero | Valero Energy | Tennessee | local | 2011 | $12,564,290 | property tax abatement | |
| Delaware City Refining Company | PBF Energy | Delaware | state | 2011 | $12,000,000 | grant/loan hybrid program | |
| Chevron USA | Chevron | Texas | state | 2013 | $12,000,000 | grant | |
| Motiva Enterprises LLC | Saudi Arabian Oil Company (Saudi Aramco) | Louisiana | state | 2011 | $11,991,092 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $11,968,969 | property tax abatement | |
| Valero Refining - Meraux LLC | Valero Energy | Louisiana | state | 2015 | $11,873,779 | property tax abatement | |
| Chalmette Refining, LLC | PBF Energy | Louisiana | state | 2009 | $11,706,895 | property tax abatement | |
| BP Solar International Inc. | BP | United States | federal | 2010 | $11,670,754 | federal allocated tax credit | |
| Marathon Petroleum Company LLC | Marathon Petroleum | Illinois | state | 2005 | $11,535,710 | tax credit/rebate | |
| Chalmette Refining, LLC | PBF Energy | Louisiana | state | 2015 | $11,513,043 | property tax abatement | |
| Enterprise Gas Processing LLC | Enterprise Products Partners | Louisiana | state | 2012 | $11,335,679 | property tax abatement | |
| Chalmette Refining, LLC | PBF Energy | Louisiana | state | 2010 | $11,142,903 | property tax abatement | |
| BP Alternative Energy | BP | Texas | local | 2008 | $11,111,862 | property tax abatement | |
| Occidental Chemical Corporation | Occidental Petroleum | Louisiana | state | 2008 | $10,959,834 | property tax abatement | |
| Valero Refining - Meraux LLC | Valero Energy | Louisiana | state | 2012 | $10,719,547 | property tax abatement | |
| VALERO REFINING COMPANY OKLAHOMA COMBINE | Valero Energy | Oklahoma | state | 2011 | $10,683,625 | tax credit/rebate |
