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 |
|---|---|---|---|---|---|---|---|
| PDC Energy, Inc. | PDC Energy | Colorado | state | 2019 | $24,599 | tax credit/rebate | |
| Citgo Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Illinois | state | 2007 | $240,000 | tax credit/rebate | |
| Citgo Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Illinois | state | 2008 | $1,981,250 | tax credit/rebate | |
| Citgo Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Illinois | state | 2009 | $668,949 | tax credit/rebate | |
| Citgo Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Illinois | state | 2010 | $404,718 | tax credit/rebate | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2008 | $906,816 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2008 | $844,276 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2008 | $595,847 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2008 | $439,917 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2009 | $827,658 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2009 | $755,009 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2009 | $667,921 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2010 | $889,336 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2010 | $886,358 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2010 | $886,190 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2010 | $877,365 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2010 | $782,547 | property tax abatement | |
| CITGO Petroleum | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2004 | $5,000,000 | grant | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2011 | $745,340 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2011 | $701,866 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2011 | $568,325 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2012 | $604,462 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2012 | $672,532 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2012 | $755,731 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2012 | $791,826 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2013 | $740,281 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2013 | $779,322 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2013 | $819,176 | property tax abatement | |
| CITGO PETROLEUM CORP | PDVSA (Petroleos de Venezuela S.A.) | United States | federal | 2002 | $201,757 | federal grant | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | local | 2014 | $563,972 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | local | 2014 | $638,393 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | local | 2014 | $615,126 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | local | 2014 | $581,786 | property tax abatement | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2002 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2003 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2004 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2005 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2003 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2006 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2007 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2008 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2009 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2010 | undisclosed | enterprise zone | |
| CITGO REFINING AND CHEMICALS COMPANY L.P. | PDVSA (Petroleos de Venezuela S.A.) | Texas | state | 2010 | undisclosed | enterprise zone | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2015 | $717,523 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2015 | $655,785 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2015 | $606,157 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2015 | $575,960 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $781,289 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $787,046 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $789,034 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $815,186 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $819,791 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $823,576 | property tax abatement | |
| CITGO Petroleum Corporation | PDVSA (Petroleos de Venezuela S.A.) | Louisiana | state | 2016 | $828,767 | property tax abatement | |
| Pelican Refining Company | Pelican Refining | Louisiana | state | 2009 | $1,436,494 | tax credit/rebate | |
| CONOCOPHILLIPS | Phillips 66 | California | state | 2004 | $24,440 | training reimbursement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $3,025,494 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $839,326 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $833,278 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $521,717 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $475,797 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $440,233 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $392,512 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $344,105 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $338,717 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $317,983 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $311,205 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2008 | $267,724 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2008 | $235,049 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $1,225,655 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2009 | $660,220 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2009 | $606,003 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $487,878 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $463,641 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $458,419 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $380,419 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2009 | $339,558 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $11,968,969 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $4,352,900 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $1,982,449 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $836,050 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $784,187 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $769,605 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $619,776 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $560,477 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $421,724 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $398,112 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $395,818 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $377,409 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $356,109 | property tax abatement | |
| Conoco Phillips Co. | Phillips 66 | Louisiana | state | 2010 | $299,137 | property tax abatement | |
| ConocoPhillips Company | Phillips 66 | Louisiana | state | 2010 | $111,944 | property tax abatement | |
| ConocoPhillips | Phillips 66 | Montana | state | 2011 | $415,933 | training reimbursement | |
| Phillips Petroleum Co #1 | Phillips 66 | Texas | state | 1999 | undisclosed | property tax abatement | |
| Phillips Petroleum Co #2 | Phillips 66 | Texas | state | 1999 | undisclosed | property tax abatement | |
| Phillips Petroleum Co #3 | Phillips 66 | Texas | state | 1999 | undisclosed | property tax abatement | |
| Phillips Petroleum Co #4 | Phillips 66 | Texas | state | 1999 | undisclosed | property tax abatement | |
| Phillips Petroleum Co | Phillips 66 | Texas | state | 2000 | undisclosed | property tax abatement | |
| Phillips Petroleum Co | Phillips 66 | Texas | state | 2000 | undisclosed | property tax abatement | |
| Phillips Petroleum Co #1 | Phillips 66 | Texas | state | 2001 | undisclosed | property tax abatement |
