OREANDA-NEWS. December 03, 2012. Being the largest distributor and producer of oil and gas in China, PetroChina (NYSE: PTR) Company Limited does not only limit its capacity to serve the oil and gas industry in its home country, but also takes a high rank in the world. This makes it have the record as one of the companies having the largest revenues gained in a year.
 
It encompasses a huge variety of refined products in its business like jet fuel, diesel, paraffin, gasoline, lubricants, asphalt, and gasoline. PetroChina also engages itself in a wide range of activities aside from simply distributing and producing oil and gas. It does exploration, development, producing and marketing of crude oil and natural gas; production and marketing of primary petrochemical products, derivative products and other chemicals; refining, transportation, storage and marketing of crude oil and oil products; and transportation of natural gas, crude oil and refined oil, and marketing of natural gas.

These activities give the company an advantage among its competitors in the industry. Aside from those, the company’s services do not only take automotive as its major client. Services provided and products offered by PetroChina apply to almost everything like construction, medical manufacturing, printing, packaging, paper, textile, agriculture, and furniture industries. This wide range being covered by the company enables it to have a greater opportunity for reaching out to more potential clients and investors. It is plausible to say that the company can easily invite those investors to invest in PetroChina, knowing that the background and current position of the company is fair enough to be invested upon.
 
Because of its own strategic marketing technique that causes an excellent performance, PetroChina continues to dominate the market of China and even of the world.
 
The company continuously expands to a number of countries and nations all over the world. Recently, it signed an agreement of buying a stake in a Royal Dutch Shell PLC shale gas asset based in Canada. Over 20% stake in Shell’s 100%-owned land and assets in Groundbirch in Northeastern British Columbia has already been acquired by the Chinese state-owned company, signifying its plans of further expansion through acquisition. PetroChina also paid an amount of 680 million Canadian dollars to buy 40% of the shares of MacKay River oil-sands project in Alberta. These moves with Shell are expected to help the company gain more experience on development of unconventional gas.

Their partnership shall bring favorable returns to PetroChina in the coming years. Moreover, Sydney Australia’s Molopo Energy Limited voluntarily sold its coal-seam-glass assets in Queensland to PetroChina. Furthermore, it is said that Asian countries will also be one of the major targets of the company for expansion. East Africa, Central Asia, and Australia are eyed for more acquisitions, strengthening PetroChina’s foundation in the industry, and its presence in the international market. These acquisitions and plans for expansion will not just provide experience for the company on more exploration and development in oil and gas, but more importantly, will help boost its economy.
 
PetroChina proves that they are where investors will find the perfect venue for their investment. Despite the up and down movement of economy experienced by countries where PetroChina is present, it is but an extraordinary characteristic that the company still stands strong among others in the industry. The company admits difficulty in handling such challenges, but its strategy in building up and coming back, or even stepping up to a better position, backs-up its ability to continue dominating the market. It adjusts to the demand of everything around it, and tries to find a way out from the challenges it face, in order to still cater to the needs of its clients and investors.
 
PetroChina ensures steady growth and development within the company with its own strategic marketing plan. There is no reason for future investors to actually fear the changes in economy because the company is already shaping the perfect technique for survival in the market, so as to continue dominating the oil and gas industry not just in China but all over the world.