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 $1,349,400,401 federal loan or loan guarantee
Marathon Oil Corp. Marathon Petroleum United States federal 2007 $1,000,000,000 federal tax-exempt bond
Chevron U.S.A. Inc. Chevron United States federal 2010 $650,000,000 federal tax-exempt bond
Exxonmobil Development Co Exxon Mobil United States federal 2010 $490,691,056 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 $374,340,634 federal loan or loan guarantee
Chevron U.S.A. Inc. Chevron United States federal 2006 $373,700,000 federal tax-exempt bond
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
Exxon Corporation Exxon Mobil United States federal 2004 $325,000,000 federal loan or loan guarantee
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
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 2007 $200,000,000 federal insurance
Exxon Capital Ventures, Inc. Exxon Mobil United States federal 2010 $200,000,000 federal tax-exempt bond
Exxonmobil Development Co Exxon Mobil United States federal 2010 $173,185,078 federal loan or loan guarantee
SunPower Corporation Total S.A. United States federal 2013 $155,000,000 federal loan or loan guarantee
The Williams Companies, Inc. Williams Companies United States federal 2001 $140,000,000 federal loan or loan guarantee
Exxonmobil Development Co Exxon Mobil United States federal 2010 $136,123,866 federal loan or loan guarantee
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
Apache Corporation Apache United States federal 2015 $72,000,000 federal insurance
LOOP LLC Marathon Petroleum United States federal 2010 $70,000,000 federal tax-exempt bond
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
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
ExxonMobil Exxon Mobil United States federal 2011 $22,568,000 federal tax-exempt bond
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
Union 76 Phillips 66 United States federal 2013 $1,526,000 federal loan or loan guarantee
JIFFY LUBE Royal Dutch Shell United States federal 2008 $1,486,000 federal loan or loan guarantee
Valero Energy Corporation Valero Energy United States federal 2010 $1,350,000 federal loan or loan guarantee
JIFFY LUBE # 1457 Royal Dutch Shell United States federal 2010 $1,200,000 federal loan or loan guarantee
PHILLIPS66 Phillips 66 United States federal 2007 $1,100,000 federal loan or loan guarantee
Chart Inc Chart Industries United States federal 2017 $1,087,104 federal loan or loan guarantee
CHEVRON Chevron United States federal 2007 $1,052,000 federal loan or loan guarantee
Exxon Exxon Mobil United States federal 2010 $1,020,000 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
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
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
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