3 Private Petroleum Refinery Business Success Stories [2024]

Updated: July 24th, 2023
Start A Private Petroleum Refinery Business

There are two oil refineries in the United States: public and private. Private refineries, or "single-purpose refineries," process crude oil only to produce refined products. Public refineries, on the other hand, process crude oil for sale to other companies or individuals.

There are 140 public refineries in the U.S. and about ten private refineries.

Starting a private oil refinery depends on how much money you have available to invest in equipment and personnel. Private refineries require several licenses and certifications to operate.

Here are some real life success stories of starting a private petroleum refinery business:

2. Gate Petro

3. Golden Gate Petroleum