Petro-Canada operates as an integrated oil and gas company in Canada. It engages in the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas in Canada and internationally. The company also refines crude oil and other feedstock; and markets and distributes petroleum products and related goods and services. In addition, Petro-Canada involves in the production and marketing of a range of petroleum products, including gasolines, diesel oils, heating oils, aviation fuels, heavy fuel oils, asphalts, lubricants, petrochemical feedstock, and liquefied petroleum gases. Further, the company owns and operates two refineries in Edmonton and Montreal. It operates a distribution network, using pipeline, road, rail, and marine transportation to deliver refined products to retail outlets, and commercial and industrial customers. Additionally, the company operates convenience stores, as well as provides car washes, and automotive repair and maintenance services. It serves farm, home heating, paving, small industrial, commercial, and truck markets. As of December 31, 2006, Petro-Canada’s network of retail sites consisted of 1,312 outlets in Canada, of which 819 were company controlled. The company was founded in 1969 and is headquartered in Calgary, Canada.