Yes, for certain types of oil waste – normally used cooking oil, vegetable oil, or grease – you can sometimes get paid for it. This still requires safe and legal waste oil storage and removal to a certified facility, where they will clean and transform the likes of cooking oil into biofuel.
The amount you could earn depends on the type and amount of oil you have to sell. You can’t normally get paid for waste hazardous oil though, such as engine, motor, and lubricant oil. Instead, arrange for authorised oil collectors to remove this from your business premises.