NAICS Industry

NAICS 324110 Federal Contract Obligations (Last 5 Years)

Federal procurement activity for NAICS 324110, Petroleum Refineries, shows $53.23 billion obligated across 1,205,303 award actions in the last five years.

This page summarizes federal obligations under NAICS 324110, Petroleum Refineries, with annual, agency, and vendor views for the last five years. Defense Logistics Agency accounts for almost all obligations, while the annual peak occurred in 2022 at $14.70 billion.

Generated at 03/21/2026

Analysis period: Last 5 years

Totals reflect the provided five-year analysis window and include both obligations and award action counts for the listed agencies, vendors, and years.

NAICS Code
324110
Industry
PETROLEUM REFINERIES
Total Obligated
53.23 billion
53,231,295,239.09
Award Actions
1,205,303
Average Action Value
44,164.24

About NAICS 324110 federal contract activity

NAICS 324110, Petroleum Refineries, recorded $53.23 billion in obligated contract value across 1,205,303 awards over the last 5 years, with an average award value of $44,164.24. The volume of awards indicates a high-frequency procurement category with comparatively small average obligation sizes relative to total spend.

Agency demand and leading federal buyers

The Defense Logistics Agency overwhelmingly dominated activity in this NAICS, accounting for $53.00 billion and 1,198,653 awards, or nearly the entire observed obligated total. The remaining top agencies were far smaller by comparison, with the Forest Service, Department of the Army, State Department, and National Park Service each contributing only tens of millions in obligated value.

Vendor concentration and leading contractors

Vendor concentration is notable, led by OKINAWA IDEMITSU K.K. with $7.49 billion across 1,831 awards. BP Products North America Inc., Valero Marketing and Supply Company, S-OIL Corporation, and PETROMAX Refining Company LLC also ranked among the largest recipients, each accumulating multibillion-dollar obligation totals.

Annual contract trend over the analysis window

Annual obligations peaked in 2022 at $14.70 billion and then declined through 2023 and 2024, reaching $7.91 billion in 2025. Award counts remained elevated throughout the period, ranging from 227,238 in 2021 to 257,215 in 2024, which suggests sustained procurement activity even as obligated dollars varied materially year to year.

How to interpret this page

This page summarizes FPDS obligations for NAICS 324110 over the last 5 years using the provided award and obligated-dollar aggregates. Agency, vendor, and annual trend sections reflect ranked totals from the same dataset and should be interpreted as procurement activity captured in FPDS for the specified analysis window.

Top Agencies

SELECT
    agency_id,
    agency_name,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
        anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '324110'
        AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
        AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10
Agency ID Agency Name Total Obligated Readable Award Actions
97AS DEFENSE LOGISTICS AGENCY 53,002,801,020.97 53.00 billion 1,198,653
12C2 FOREST SERVICE 61,376,604.86 61.38 million 872
2100 DEPT OF THE ARMY 53,093,073.46 53.09 million 1,088
1900 STATE, DEPARTMENT OF 23,223,091.52 23.22 million 1,255
1443 NATIONAL PARK SERVICE 23,023,045.69 23.02 million 723
1450 BUREAU OF INDIAN AFFAIRS 19,610,130.82 19.61 million 791
7529 NATIONAL INSTITUTES OF HEALTH 12,088,200.09 12.09 million 180
3600 VETERANS AFFAIRS, DEPARTMENT OF 6,034,258.25 6.03 million 206
7527 INDIAN HEALTH SERVICE 4,660,629.42 4.66 million 150
1448 U.S. FISH AND WILDLIFE SERVICE 4,420,515.39 4.42 million 316

Insight

Obligations for NAICS 324110 are highly concentrated in the Defense Logistics Agency, which accounts for $53.00 billion of the $53.23 billion obligated over the last 5 years, or nearly all activity in this code. The remaining agencies each represent a small share by comparison, with the Forest Service the largest non-DLA obligor at $61.38 million, followed by the Department of the Army at $53.09 million and the Department of State at $23.22 million. Award volume is similarly concentrated, with DLA receiving 1,198,653 of 1,205,303 awards, indicating a dominant procurement footprint with limited spread across other agencies.

Top Vendors

SELECT
    vendor_name,
    cage_code,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        content__award__vendor__vendorHeader__vendorName AS vendor_name,
        anyHeavy(content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode) AS cage_code,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '324110'
        AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
        AND content__award__vendor__vendorHeader__vendorName != ''
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10
Vendor CAGE Code Total Obligated Readable Award Actions
OKINAWA IDEMITSU K.K. J8391 7,492,364,573.02 7.49 billion 1,831
BP PRODUCTS NORTH AMERICA INC. 1V6V3 4,573,234,240.41 4.57 billion 6,418
VALERO MARKETING AND SUPPLY COMPANY 1QSA0 4,437,160,590.18 4.44 billion 883
S-OIL CORPORATION 0181F 2,623,916,429.99 2.62 billion 387
PETROMAX REFINING COMPANY LLC 3G8M1 2,447,890,773.38 2.45 billion 462
PHILLIPS 66 COMPANY 6R7Y6 2,319,317,588.64 2.32 billion 6,466
MOTOR OIL (HELLAS) CORINTH REFINERIES S.A. 6W100 2,200,594,108.57 2.20 billion 252
VITOL AVIATION COMPANY 90UG8 1,703,072,350.14 1.70 billion 176
MARATHON PETROLEUM COMPANY LP 1HGJ9 1,426,907,288.93 1.43 billion 1,119
PETRO STAR INC. 1FZR6 1,072,353,844.10 1.07 billion 3,268

Insight

Over the last 5 years, obligations in NAICS 324110 total $53.23 billion across 1,205,303 awards, with an average award value of $44,164.24, indicating a high-volume, low-dollar award profile. Top vendor obligations are moderately concentrated, led by OKINAWA IDEMITSU K.K. at $7.49 billion, followed by BP PRODUCTS NORTH AMERICA INC. at $4.57 billion and VALERO MARKETING AND SUPPLY COMPANY at $4.44 billion. The remaining leading vendors each account for roughly $1.07 billion to $2.62 billion, showing a broad distribution of obligated dollars among multiple major suppliers rather than reliance on a single firm.

Annual Trend

SELECT
    year,
    total_obligated,
    award_count,
    formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
    SELECT
        toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
        sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
        count() AS award_count
    FROM fpds.data
    WHERE
        contract_type = 1
        AND content__award__productOrServiceInformation__principalNAICSCode = '324110'
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 5 YEAR
        AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
    GROUP BY year
)
ORDER BY year DESC
Year Total Obligated Readable Award Actions
2025 7,912,920,708.33 7.91 billion 231,159
2024 10,495,758,293.57 10.50 billion 257,215
2023 12,726,351,263.79 12.73 billion 239,894
2022 14,700,809,808.97 14.70 billion 249,797
2021 7,395,455,164.43 7.40 billion 227,238

Insight

NAICS 324110 shows $53.23 billion in obligations across 1,205,303 awards over the last 5 years, with an average award value of $44,164. Obligations peaked in 2022 at $14.70 billion, then declined to $12.73 billion in 2023, $10.50 billion in 2024, and $7.91 billion in 2025, indicating a sustained downward trend after the high point. Award volume remained relatively stable year to year, ranging from 227,238 to 257,215 awards, suggesting the decline in obligated dollars is driven more by reduced dollar value per award than by a sharp contraction in award count.

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