The oil and gas industry is perhaps the most strictly regulated sector, yet; it remains probably the most profitable and risky. In fact, crude oil or petroleum and its derivatives are essential commodities that are consumed on daily basis. Despite the massive agitation for the adoption of alternative renewable energy resources, oil still remains the number one because 99.99% of all vehicles and machines use either PMS (Petrol) or AGO (Diesel). So the demand for petroleum products is not going anywhere in the nearest future because it will take decades before the concept of renewable energy will fully be accepted.

 

Now running a business in the oil and gas is a very lucrative venture. A look into the sector reveals that there is almost business for everyone, this means that no matter who you are and your financial capacity you can still invest somehow in the Industry and make your own mega buck. Most of the activities is at Downstream sector and that is where most of us can afford to invest. The Upstream sector is mainly for multinationals and big investors who has the money and the expertise. Some of the areas oil and gas growth opportunities to be discussed include, but not limited to:

 

• Drilling and Exploration

• Equipment Leasing

• Refining

• Importation

• Offshore Trading

• Haulage and Logistics

• Filling Stations

• Petrochemicals

• Domestic DPK Retailing

• Gas Wholesaling and Retailing

• Oil and Gas Consulting