PetroChina International (America), Inc. (PCIA) is a subsidiary of PetroChina International Co., Ltd. (PetroChina International or PCI). PetroChina International is the “trading and marketing arm” of PetroChina Company Limited (NYSE: PTR), one of the world's largest publicly traded international oil and gas companies. 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 PCIA subsidiary in Rio de Janeiro, PetroChina International (Brazil) Trading Ltd. The core values from which PCIA develops its culture and business strategies are: integrity, initiative, safety, and harmony.