Oil and Gas Business Tips and Opportunities

Oil Change Business

Oil change business opportunity is an advisable investment for any entrepreneur. There are over 4,000 companies and they bring in about $4 billion in revenue. This number is climbing annually as car owners are keeping their cars for longer before buying a new one.

Filling Station Business

If you are looking towards starting a business in the oil and gas industry, one of your options is to open a filling station. Filling station business is highly thriving and profitable-particularly if you have chains of filling stations that are located in strategic traffic prone locations. A filling station is a place where premium motor spirit, diesel, cooking gas and kerosene et al are retailed.

Oil and Gas Servicing Company

If you are looking towards starting a business in the oil and gas industry, a business that is profitable and thriving and one that requires engineering skills, then one of your options is to start an oil and gas servicing company. Major oil companies around the globe like Mobil, Shell, Agip, Chevron and Texaco, amongst others, rely on oil servicing companies such as Halliburton, Schlumberger and Transocean et al, for maintenance and servicing jobs.

Retailing of Cooking Gas

Retailing of cooking gas is yet thriving and profitable oil and gas related business that an entrepreneur who is looking towards starting a business should consider starting. This type of business is suitable in countries where gas is not supplied to apartments via a structures pipe system. All you need to get this type of business started is a shop located in a residential estate, gas cylinders and supply of gas directly from a gas plant.

Market Natural Gas

You can apply for a license to become a natural gas accredited independent marketer. Over time, natural gas marketers have become an important component in this industry because of the role they play between natural gas producers and the available market for natural gas. They could serve as the middle man between the producer and the direct end users or between the producers and retailers or other distribution companies. One good thing about marketing natural gas is that the price is no longer regulated as it used to be, the price is actually set by available market forces like demand and supply.

Lubrication Oil Retail Shop

Sale of Engine Oil, Break Fluid and Hydraulic Oil et al, is a profitable and highly thriving business venture an entrepreneur who is interested in making money from the oil and gas business value chain should consider. The fact that vehicle owners subject their vehicles for servicing at regular intervals creates markets for lubrication oil products. In recent time, there is an increase in the lubrication oil production sector as it is one business you can readily go into with the hope of making great profit.

Manufacturing Cooking Gas Cylinders

Another profitable and thriving oil and gas related business that an entrepreneur who is looking towards investing in the industry should consider starting is to go into the manufacturing of cooking gas cylinders. There is indeed a large market for cooking gas cylinder. As a matter of fact, households no longer rely on just one cylinder; they prefer to have one or more backups.

Health and Safety Trainings for Oil and Gas Workers

Another thriving and profitable business in the value chain of the oil and gas industry that an aspiring entrepreneur who is interested in starting a business in the industry should consider starting is health and safety training for oil and gas workers. If you have the required background (experience and qualifications) to train on health and safety, then you should consider starting an organization that trains oil and gas workforce.

Gas and Petroleum Pipeline Security Business

Gas and petroleum pipeline security business is yet another thriving and profitable business venture that an entrepreneur who is looking towards starting a business in the oil and gas industry should consider starting. The truth is that oil and gas pipelines can be vandalized by oil bunkers if the pipelines are not well secured by security experts.

Customized Oil and Gas Software Applications

Developing and selling of oil and gas software applications is yet another cool way of making money from the business value chain in the industry. If you are a software developer, then you should consider developing customized software applications for the oil and gas industry, software applications that will help simplify processes in the industry. You can as well work with your client to develop tailored software application that suits perfectly into their business.