K2 Petroleum Signs Deal with Imperial Oil to Advance Fuel Card Program in Canada & USA
K2 Petroleum, a subsidiary of leading investment firm K2 Group, announced today it has finalized a deal with Canada’s largest petroleum refinery, Imperial Oil to convert its existing K2 Petroleum branded Cardlocks to Esso Commercial Cardlocks.
This move will significantly enhance K2 Petroleum’s pricing competitiveness, while providing its fuel card customers deeper discounts and an increased fueling network of more than 160 Esso Commercial Cardlocks in Canada and 9000+ non-Esso cardlocks across the United States. K2 Group continues to invest in its petroleum division by launching value-add programs for its customers with programs such as accounts receivable factoring, asset-based loans, equipment financing, on-site refueling, QSR discounts, truck insurance, repair, and maintenance services through its mobile application.
The K2 Petroleum fuel card is a powerful, convenient payment solution, designed to provide volume-driven discounts and meet the financial demands of fleets of all sizes. The fuel card can be customized for each individual driver and uniquely tailored to the fleet’s routes and needs. The card offers a range of benefits including:
Competitive, market-based pricing to help save on fuel and diesel exhaust fluid purchases.
Direct customer billing, to easily track invoices and payments. Real-time, web-based card controls allowing customers to: set limits for a particular time period, on select products and for specific fuelling locations; activate new fuel cards, cancel or place cards on hold as needed; group cards for accuracy and efficiency; and view an individual card’s history and recent transactions.
Providing data that customers need when they need it via ability to develop and save custom reports – and even have them automatically sent to their inbox weekly, monthly, or quarterly.
Enhanced security validations and features such as driver ID, odometer reading and confidential PIN numbers.
Transaction data files are aligned with the EFS standard and customers can get a versatile statement file format that is compatible with software accepting this.
Most importantly, our friendly and knowledgeable team of specialists are ready to evaluate your needs and recommend money saving solutions.
About K2 Petroleum
K2 Petroleum a subsidiary of K2 Group is a diversified petroleum distribution company owning and operating a network of retail stations and specializing in commercial fleet fuelling services, bulk fuel supply for industrial, commercial, institutional and agricultural clients.
Our corporate mandate is to assist our clients with reducing the total cost of asset operation through the implementation of high control fuel management programs and systems. We are dedicated to meeting your complete petroleum needs. To learn more, visit k2petroleum.ca
About Imperial
After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business. To learn more, visit imperialoil.ca
For more information - Lori Harito press@contraban.de
