Oilgas Resources

In oil and gas industry, it is safer and economical to transport crude oil from an oil field to a refinery especially if the locations are far apart. Crude tankers are transport ships that move bulk volumes of crude oil from the oil extraction facility to the refinery. The overproduction of crude oil can lead to falling oil prices and this can generate an opportunity to stockpile oil. In the oil and gas sector, one industry that may benefit from this trend is the crude tanker business. Some factors that determine profitability of the business include the demand, supply and the price of the crude oil in the market. The significance of the Crude Tanker Business in the oil and gas sector In this oil and gas business, a crude tanker is an oil tanker built specifically for transporting crude oil (as opposed to refined oil). During this business, the company that owns the crude tanker leases the ship under a complex contract to oil marketers, oil refiners, chemical companie...

In the Oil and gas Industry, Crude oil brokerage is very lucrative, as it offers a high and fast income earning potential. Crude oil brokerage business is one of the opportunities that require little start – up capital with pretty huge returns.      One of your best business options is to start a crude oil brokerage business. It is one of the best opportunities for a beginning wealth builder to start a petroleum products marketing business without capital investment.   You may be wondering how that is possible, learn more about what the crude oil brokerage business entails, and the steps involved in starting the business. Crude oil brokerage simply involves looking for buyers and end users of crude oil products on behalf of one or more major independent petroleum products marketers that you have already established a sales agreement with. For instance, if you are able to secure a buyer who needs 30,000 liters of AGO or DPK and a marketer who has agree...

Lawyers are in different areas of lives, there are lawyers who are specialized in the oil and gas sector; they are referred to as oil and gas lawyers. Oil and Gas Lawyers work in cities and towns in Nigeria, United States and across the world. You will find the highest numbers of lawyers in big cities such as New York, Lagos, Port-Harcourt, Washington, Kaduna, D.C., Los Angeles, Chicago, etc. If you are looking towards earning money from the business value chain of the oil and gas industry, then one of your best options is to specialized in oil and gas law so as to offer legal services in the oil and gas industry. This is one of the flourishing and profitable businesses in the oil and gas industry. It is exclusively reserved for lawyers in the oil and gas sector. This means first of all, that you have got to be versed in the oil and gas industry.   One of such ways to be vast is to be educated. As you are thinking about your future career move, law may ...

This is one of the oil and gas business opportunities you can start and flourish. Though, establishing oil and gas servicing company is demanding both in terms of skilled manpower and capital, but if you are well positioned and you know how to market your services, you will surely get huge returns on your investment. In case 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. Oil and gas servicing firm is a lucrative business venture to go into if you have the capacity.   Most important 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. Comprehensive, specialized activities involve...

  Retailing of cooking retailing business gas is one of the oil and gas related business opportunities that you can start with little start – capital. Cooking gas Business is still thriving and profitable oil and gas related business that an entrepreneur who is looking towards starting a business should consider starting. This type of oil and gas business is suitable in countries where gas is not supplied to apartments through a structures pipe system. The cooking gas retail business involves buying and selling of cooking gas. The business owner buys huge quantities of cooking gas, storing it in tanks and sells it to individuals that use it for domestic cooking as well as industries that require large quantities for fueling purposes. Cooking gas (natural gas) is a clourless, odourless gas naturally. It is used for cooking as a cheaper alternative to electric energy. It is a clean alternative to coal-based electricity and kerosene-fueled cooking. This is the reason it is...

Rent:  There are some filling stations you can rent and use for the time being. Ask people in the field or search online to locate available ones. Please, investigate before you invest in such filling station to know whether you can flourish there. Buy: Some petroleum filling stations are up for sale. Do your findings to get the right person to buy from. You can search online to locate the existing ones in your areas. Build it : Acquire a property and build your Petrol Station.  You need to secure a space in a location that is prone to vehicular traffic, and then you can consider starting a filling station business. Considerations for building Your Petrol Filling Station Do research and feasibility studies: study about the business structure and the location you intend to situate your business.  It will help your decision making and form part of your documentation. It will also help you to known the right skills and strategies to use for your business...

Picture of a Petrol Filling Station  A filling station is a place where premium motor spirit, diesel, cooking gas, kerosene and engine oil et al are stored and retailed to the buyers. One of the business opportunities in the oil and Gas sector is to open filling station. If you are looking towards starting a business in the oil and gas industry, filling station business is highly thriving and profitable especially if you have chains of filling stations that are located in strategic traffic prone locations. Mostly supply in Nigeria, as a result of irregular power, commercial activities depend on petroleum products for their source of energy to power their businesses.  Banks, Factories, Businesses, Schools and Hospitals among others   depend on power generated privately from petroleum products or solar energy as their supplementary source of energy. Mostly all these petroleum products are retailed in the Filling Stations. Therefore, if you can lay your hand...