About Us - FESCO | Future Energy Source Company | Premium Fuel Services in Jamaica

Future Energy Source Company Limited

Future Energy Source Company Limited's core business is the marketing and distribution of petroleum products such as E10 87 octane, E10 90 octane, automotive diesel oil, ultra low sulphur diesel and lubricants to both retail and commercial customers.

We distribute to our retail customers through our growing network of service stations across the length and breadth of Jamaica. On the commercial side, we provide efficient, reliable bulk fuel to the manufacturing, construction and transportation industries.

We are a Jamaican owned business and we strongly believe that Jamaicans, given the opportunity, are resilient, industrious, highly productive, and second to none!
- Trevor Barnes (Founding Director).

We appreciate our customers, all of them, and truly believe that respect begets respect, love begets love and success begets success. Buy Jamaican, buy FESCO.

Our Mission

Our mission is to improve the experience of our customers by enabling convenient and seamless access to our goods and services, enhance the communities in which we operate and provide above-average returns to our shareholders as measured by return on invested capital (“ROIC”).

Safety & Compliance

Monitor dealer locations regularly to ensure compliance with safety protocols for employee training, emergency response drills and asset inspection and maintenance.

Best Technology

Utilize the best technology available to enhance our operations and provide superior service to our customers.

Customer Value

Enhance customer value and customer experience while pursuing profitable and fair relationships with customers and dealers.

Supporting Jamaica

Foster, develop and support the Jamaican economy through local investment and reinvestment, charitable initiatives and employment enhancement.

A Message From Our Chairman

Dear Shareholders,

It is an honour to present the Annual Report of our company – Future Energy Source Company Limited (“FESCO” or the “Company”) for the financial year April 1, 2024 to March 31, 2025. The Company has delivered strong financial results, achieving a 20% increase in gross profit and a 12% increase in net profit attributable to shareholders, year over year. It is the collective resilience, dedication, and innovation of our team that has contributed to the Company’s $2.7 Billion book value of equity for the year.

Future Energy Source Company Limited’s performance reflects a year of both progress and continued opportunity, demonstrating resilience and agility. The core wholesale and retail fuel segment has shown consistent profitability, ascribable to the dedication and trust of our staff, dealers and customers and the reliability of our suppliers and service providers. The newer liquefied petroleum gas (LPG) segment is still in its early development stage, and the Company is determined to maximize on the long-term growth prospects of a cleaner, affordable and more sustainable energy source. The Company will continue to invest in LPG infrastructure and assets and to raise awareness of our FESGAS brand. The Company through its governance commitment will continue to see to the sustainability of value creation across all segments.

We believe in engaging with the communities in which the Company operates and has brand presence through its dealers. This includes sharing in community-based activities and other initiatives meant to be a resource for community members and to contribute towards their upliftment. Future Energy Source Company Limited acknowledges the significance of community partnerships and appreciates the welcoming responses to our brands.

On behalf of the Board of Directors, I express deepest gratitude to our shareholders, customers, dealers, our faithful team led by our Managing Director, Jeremy Barnes, suppliers and other stakeholders for your continued support.