PetroChina International (Canada) Trading Ltd., (“PCIC”) is a wholly owned subsidiary of PetroChina International (America) Inc., (“PCIA”) and is a part of the PetroChina International Co. Ltd ("PCI") family. PCI the trading and marketing arm of PetroChina Company Ltd., one of the world's largest publicly traded international oil and gas companies. PCIC commenced operations in August 2012 and is headquartered in Calgary, Alberta. PetroChina International is actively exploring international markets, developing value added products and services, and extending the value chain. Its merchandizing and trading activities now cover over 100 kinds of products in over 80 countries and regions, including oil refining, blending and storage, transportation, wholesale and retail. Through merger, acquisition, investment and equity participation, several business centers have been formed and integrated with storage facilities, refining capabilities, oil tanks and terminals, and transportation capabilities in primary global oil producing and consuming areas. These investments provide strong support for the steady development of PCI’s international business. As part of PetroChina International’s growth strategy in the Western Hemisphere, PCIA was incorporated in 2003 and is based in Houston, Texas. PCIA in Houston along with PCI’s London and Singapore subsidiaries, comprise PCI’s three global oil and gas hubs. In 2012, PCIA formed a 100% owned subsidiary, PetroChina International (Canada) Trading, Ltd. (PCIC) in Calgary as a base for Canadian business. 2014 was highlighted with the opening of another subsidiary in Rio de Janeiro, PetroChina International (Brazil) Trading Ltd. The core values from which PCIC develops its culture and business strategies are: integrity, initiative, safety, and harmony.