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 |
|---|---|---|---|---|---|---|---|
| Marathon Petroleum Company LP | Marathon Petroleum | Louisiana | local | 2017 | $33,782,131 | property tax abatement | |
| SandRidge Energy | SandRidge Energy | Texas | local | 2009 | $33,885,637 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Texas | local | 2006 | $33,918,601 | property tax abatement | |
| 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 |
|
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2016 | $100,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2016 | $100,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2017 | $100,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, LLC | Blue Ridge Mountain Resources | United States | federal | 2019 | $100,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2011 | $300,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2012 | $300,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2010 | $300,000 | federal loan or loan guarantee | |
| Blue Ridge Mountain Resources, Llc | Blue Ridge Mountain Resources | United States | federal | 2013 | $300,000 | federal loan or loan guarantee | |
| Exxon | Exxon Mobil | United States | federal | 2010 | $1,020,000 | federal loan or loan guarantee | |
| CHEVRON | Chevron | United States | federal | 2007 | $1,052,000 | federal loan or loan guarantee | |
| Chart Inc | Chart Industries | United States | federal | 2017 | $1,087,104 | federal loan or loan guarantee | |
| PHILLIPS66 | Phillips 66 | United States | federal | 2007 | $1,100,000 | federal loan or loan guarantee | |
| JIFFY LUBE # 1457 | Royal Dutch Shell | United States | federal | 2010 | $1,200,000 | federal loan or loan guarantee | |
| Valero Energy Corporation | Valero Energy | United States | federal | 2010 | $1,350,000 | federal loan or loan guarantee | |
| JIFFY LUBE | Royal Dutch Shell | United States | federal | 2008 | $1,486,000 | federal loan or loan guarantee | |
| Union 76 | Phillips 66 | United States | federal | 2013 | $1,526,000 | federal loan or loan guarantee | |
| Exxon Mobil Corporation | Exxon Mobil | United States | federal | 2009 | $2,700,000 | federal loan or loan guarantee | |
| Exxon Mobil Corporation | Exxon Mobil | United States | federal | 2011 | $2,700,000 | federal loan or loan guarantee | |
| ExxonMobil | Exxon Mobil | United States | federal | 2011 | $22,568,000 | federal tax-exempt bond | |
| WilPro Energy Services (El Furrial) Ltd. | Williams Companies | United States | federal | 2002 | $25,000,000 | federal insurance | |
| Wilpro Energy Services (PIGAP II) Limited | Williams Companies | United States | federal | 2002 | $25,000,000 | federal insurance | |
| LOOP LLC | Marathon Petroleum | United States | federal | 2010 | $30,000,000 | federal tax-exempt bond | |
| SunPower Corporation | Total S.A. | United States | federal | 2010 | $30,000,000 | federal tax-exempt bond | |
| LOOP LLC | Marathon Petroleum | United States | federal | 2010 | $70,000,000 | federal tax-exempt bond | |
| Apache Corporation | Apache | United States | federal | 2015 | $72,000,000 | federal insurance | |
| Union Oil Company of California | Chevron | United States | federal | 2000 | $100,000,000 | federal insurance | |
| Hunt Refining Company | Hunt Consolidated | United States | federal | 2006 | $100,000,000 | federal tax-exempt bond | |
| Exxonmobil Development Co | Exxon Mobil | United States | federal | 2010 | $136,123,866 | federal loan or loan guarantee | |
| The Williams Companies, Inc. | Williams Companies | United States | federal | 2001 | $140,000,000 | federal loan or loan guarantee | |
| SunPower Corporation | Total S.A. | United States | federal | 2013 | $155,000,000 | federal loan or loan guarantee | |
| Exxonmobil Development Co | Exxon Mobil | United States | federal | 2010 | $173,185,078 | federal loan or loan guarantee | |
| Apache Corporation | Apache | United States | federal | 2007 | $200,000,000 | federal insurance | |
| Exxon Capital Ventures, Inc. | Exxon Mobil | United States | federal | 2010 | $200,000,000 | federal tax-exempt bond | |
| Chevron Corporation | Chevron | United States | federal | 2010 | $250,000,000 | federal tax-exempt bond | |
| Noble Energy Inc. | Noble Energy | United States | federal | 2017 | $250,000,000 | federal insurance | |
| Apache Corporation | Apache | United States | federal | 2004 | $300,000,000 | federal insurance | |
| Exxon Capital Ventures, Inc. | Exxon Mobil | United States | federal | 2010 | $300,000,000 | federal tax-exempt bond | |
| Valero Energy Corporation | Valero Energy | United States | federal | 2010 | $300,000,000 | federal tax-exempt bond | |
| Exxon Corporation | Exxon Mobil | United States | federal | 2004 | $325,000,000 | federal loan or loan guarantee | |
| Unocal Corporation | Chevron | United States | federal | 2002 | $350,000,000 | federal loan or loan guarantee | |
| Chevron U.S.A. Inc. | Chevron | United States | federal | 2010 | $350,000,000 | federal tax-exempt bond | |
| Chevron U.S.A. Inc. | Chevron | United States | federal | 2006 | $373,700,000 | federal tax-exempt bond | |
| 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 | |
| Anadarko Petroleum Corporation | Occidental Petroleum | United States | federal | 2019 | $904,402,863 | federal loan or loan guarantee | |
| Anadarko Petroleum Corporation | Occidental Petroleum | United States | federal | 2019 | $983,746,209 | federal loan or loan guarantee | |
| 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 | |
| Anadarko Petroleum Corporation | Occidental Petroleum | United States | federal | 2019 | $3,111,850,928 | federal loan or loan guarantee |
