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Building a complex, hydro cracking, hydro skimming, catalytic cracking refinery, can cost anywhere around $5B to $15 billion. According to Wikipedia, an oil refinery or petroleum refinery is an industrial processing plant where crude oil is refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum …

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You will have to invest around $5 million to start a small oil and gas operation. Keep in mind that the bulk of this fund will be used for initial exploration, leasing land, getting the necessary permits, and putting in place the required infrastructure. However, if you plan to start a bigger oil and gas …

Read More about How Much Does It Cost to Start an Oil and Gas Business? (Sales Forecast and Breakeven Analysis Included)