7 Lucrative Investment Ideas and Opportunities in the Oil & Gas Sector

If we are to judge the industry by the number of billionaires it produced, the Oil and Gas market just has to be one of the most successful business sectors in history.

Whether we like it or not, our world still runs on fossil fuels to a large extent and will continue to do so in many decades to come. Tapping into this necessity seems like a good investment idea.

On the other hand, the O&G sector is a behemoth that runs large-scale operations and requires similar investments. Is there any way for people with comparatively low startup capital to carve themselves a piece of this cake?

Let us try to find out.

Lucrative Investment Ideas

Offer Professional Consultancy

The Oil and Gas industry consists of myriads of different sectors and departments. This is the reason why even the people within the industry are forced to ask for the advice of an expert regarding tons of related issues. People outside the industry, similarly, may need assistance when deciding where to place the investments.

If you spend enough time researching the O&G related topics like, for instance, energy price forecast, you will be able to start a successful blog, build enough clout and become the party people will look for this type of consultancy.

Start Distributing Cooking Gas

When we think of the Oil and Gas industry, the first thing that crosses our mind is probably the fuel that powers our vehicles. However, the huge chunk of this market consists of nothing more than cooking gas or, as we like to call it, LPG (liquefied petroleum gas).

The great thing about this market corner is that exploiting it doesn’t require the same level of money as working with fuel. As a matter of fact, cooking gas sits firmly into the range of medium-scale capital investment. That makes it a perfect entry point for everyone who looks for an affordable way into this industry.

Open Up a Filling Station

Opening up a petroleum pump or a filling station has always been one of the most popular investment options in the Oil and Gas sector. This market started with the emergence of the automotive industry and, as long as fossil fuel-powered vehicles are roaming the roads, the filling station industry will continue skyrocketing.

Open Up a Filling Station

Are there any investing tips you can use to make your enterprise even more profitable? Of course – for a start, you can look for the transit roads nearby main highways that are still not crowded and offer additional services that will make your portfolio all the more lucrative.

Make Sustainability a Priority

As time goes by, the global economy is making big steps towards frugality and sustainability. In order to remain competitive, the Oil and Gas industry needs to follow these steps. With that in mind, achieving success in this market doesn’t have to mean exploring some undiscovered niches or experimental business models.

You simply have to have the top-tier oilfield equipment that will allow you to attain a higher level of efficiency and put some distance between you and competitors from the get-go. The cost of upfront investments will be recuperated through increased production.

Make Sustainability a Priority

The demand for petroleum all across the globe has probably reached a historical high. The good news for the investors is that all that fuel needs to be moved from the refineries to the consumers. And with the petroleum clamor so high, there is still plenty of room for the investors who are willing to put their money into hauling of this valuable commodity.

As a launching pad, you can start with warehoused and limited fleets. That will be more than enough to cover small local markets. However, the biggest turnaround comes from the huge international tankers, so set your thoughts to this cause.

Maintenance and Servicing

Extraction, refinement, and distribution of fossil fuels involve a tremendous amount of equipment that tends to wear down pretty quickly and comes in need of service. So, here is yet another mid or even low scale investment option for you.

Sure, you will need to buy the necessary maintenance equipment, the price of which is not always that low, and you will need to tackle the issue of business compliance. But that’s pretty much it. In comparison to some other sectors of the Oil and Gas industry, equipment maintenance is definitely one of the more affordable investment options.

Human Resources

Last but not least, we have to take into consideration that, although based on heavy machinery, the Oil and Gas industry still uses the great level of manpower to get going – on the worksite and in the offices all across the globe.

Starting a human resource company that will exploit this requirement makes, by far, one of the simplest and most affordable investment options in the entire Oil and Gas market sector. Of course, knowledge of the industry, production processes, and workplace requirements and regulations can only set you ahead of the similar competition.

We hope that these few examples showed you that the Oil and Gas industry might be gigantic, but it’s not impenetrable. Sure, reaching the level of the heavy-hitters like Saudi Aramco, Royal Dutch Shell, and British Petroleum will probably stay out of your reach for many years, if not decades.

But, we can’t deny that this market is pretty diverse and consists of countless sub-sectors that still have a lot to offer to low and mid-scale investors. Do your best to seize this opportunity. You may not get another one.

About the author:

Mike Johnston is an avid blogging enthusiast and experienced freelance writer with a focus in business, technology, entrepreneurship, and real estate.