News Results for Velocys (VLS)
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12 Feb
09:44Velocys customer Red Rock Biofuels cuts size of firm reactor orderAlternative fuel company Velocys said it had agreed to a series of amendments in its licensing contracts with Red Rock Biofuels in order to speed up completion of a planned bio-refinery. The...
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24 Dec
10:00Director Deals - Velocys (VLS)Henrik Wareborn, Chief Executive Officer, bought 1,000,000 shares in the company on the 21st December 2018 at a price of 4.73p. The Director now holds 1,000,000 shares. Story provided by...
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19 Dec
07:15Velocys eyes site in Lincolnshire for waste-to-jet-fuel projectRenewable fuels group Velocys said it had secured a site for its UK waste-to-jet-fuel project, being developed in collaboration with British Airways and Shell. The 80-acre site was near Immingham...
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13 Nov
14:18Velocys appoints new CEO and CFORenewable fuels company Velocys said it had appointed Henrik Wareborn as its new chief executive. Wareborn had been acting as a consulting adviser to the company and provided services equivalent...
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15 Oct
17:07Miners and Shell boost FTSEA mining rally and gains at oil major Royal Dutch Shell helped the FTSE rise 0.5% to 7,029. Shell enjoyed a 1.2% boost to £25.41 while miners Randgold Resources and Fresnillo traded over 4% higher...
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15 Oct
11:59Oil majors lift FTSE as oil prices riseGains in miners and oil majors failed to perk up the FTSE 100 at 6,995 around midday as oil and gold prices rose. Royal Dutch Shell advanced 1.1% to £25.38. Fresnillo, Randgold Resources and...
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15 Oct
07:48Velocys continuing talks with potential US biorefinery investorsAlternative fuels group Velocys said it was continuing to hold discussions with a shortlist of investors that may participate in its Bayou Fuels biorefinery in Mississippi. The company issued the...
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26 Sep
07:40Velocys losses deepen on increased bio-fuel project spendRenewable fuels company Velocys said its first-half losses more than doubled as it continued to spend on the development of bio-fuels projects in the US and UK. Pre-tax losses for the six months...
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10 Sep
08:53UK stocks open flat as far-right ascends in SwedenUK stocks opened broadly flat on Monday as investors digested the rise of the far right in Swedish elections and US-China trade war fears continued to simmer. At 0850, the benchmark FTSE 100 index...
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10 Sep
08:05Velocys partner Envia suspends operations at Oklahoma plantRenewable fuels company Velocys said a key partner, Envia Energy, had decided to suspend operations at its Oklahoma City plant and undertake a review of strategic alternatives for the facility....
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23 Jul
13:51Velocys launches £6m placing to fund renewable jet fuel projectRenewable fuels company Velocys said it intended to £6m via a placement of new shares to strengthen its balance sheet and advance its UK waste-to-renewable jet fuel project. New shares in the...
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04 Jul
08:36Velocys says Oklahoma plant leak not related to its reactor technologyRenewable fuels company Velocys said an internal leak at the ENVIA Energy power plant in Oklahoma City was caused by flaws in a coolant system. The company said its position therefore remained...
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19 Jun
09:43Velocys forms catalyst supply pact with PQ CorporationRenewable fuels group Velocys said it had formed a partnership with PQ Corporation for the supply of commercial quantities of Velocys' catalyst for bio-refineries. PQ is a provider of specialty...
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23 May
15:00Velocys losses deepen after £35m write-downRenewable fuel company Velocys said its annual losses deepened after it wrote down the value of its assets to the tune of £34.6m. Pre-tax losses amounted to £55.3m, compared to £14.1m of red ink...
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15 May
15:03Velocys says leak identified at Oklahoma City gas-to-liquids plantRenewable fuels company Velocys said it had been informed by Envia Energy that a leak has been detected at its Oklahoma City gas-to-liquids plant, which uses the company's reactor and catalyst...
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04 May
08:18Velocys starts construction work for bio-refinery project in OregonRenewable fuels company Velocys said it had received a notice to proceed with the construction of the reactors and catalyst for the Red Rock Biofuels bio-refinery in Lakeview, Oregon. Red Rock had...
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02 Feb
14:15Director Deals - Velocys (VLS)Pierre Jungels , Chairman, bought 200,000 shares in the company on the 2nd February 2018 at a price of 10.00p. The Director now holds 423,031 shares. NOTE: Subscription for New Ord Shares. Story...
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02 Feb
14:15Director Deals - Velocys (VLS)David Pummell, Chief Executive Officer, bought 50,000 shares in the company on the 2nd February 2018 at a price of 10.00p. The Director now holds 50,000 shares. NOTE: Subscription for New Ord...
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02 Feb
14:15Director Deals - Velocys (VLS)Sandy Shaw, Non Executive Director, bought 100,000 shares in the company on the 2nd February 2018 at a price of 1.00p. The Director now holds 117,758 shares. NOTE: Subscription for New Ord...
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02 Feb
14:15Director Deals - Velocys (VLS)Andrew Morris, Non Executive Director, bought 100,000 shares in the company on the 2nd February 2018 at a price of 10.00p. The Director now holds 100,000 shares. NOTE: Subscription for New Ord...
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02 Feb
13:30Broker Forecast - Numis issues a broker note on VelocysNumis today reaffirms its buy investment rating on Velocys (LON:VLS) and cut its price target to 35p (from 107p). Story provided by StockMarketWire.com Broker Forecasts data provided by...
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02 Feb
08:00Broker Forecast - Canaccord Genuity issues a broker note on VelocysCanaccord Genuity today reaffirms its speculative buy investment rating on Velocys (LON:VLS) and cut its price target to 40p (from 80p). Story provided by StockMarketWire.com Broker Forecasts...
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15 Jan
09:37Velocys launches £18.4m share issueVelocys launched a deeply-discounted £18.4m share issue to fund initial development costs for its Mississippi biorefinery and advance its UK waste-to-renewable jet fuel project. Shares would be...
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30 Oct
07:54Velocys says Oklahoma plant output risingVelocys said production at Envia Energy's Oklahoma City gas-to-liquids plant has reached an operational capacity of 200 barrels per day, passing a key capacity milestone. The plant will continue...
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20 Oct
09:07Velocys picks site for US biorefineryVelocys has signed a site option agreement with Adams County in Mississippi for its first U.S. biorefinery. Velocys said it has been offered economic development incentives from Adams County...
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29 Sep
07:58Velocys sales downVelocys said revenue fell to £0.2m (H1 2016: £0.5m) in the six months ended 30 June 2017. HIGHLIGHTS Key milestones at ENVIA Energy's Oklahoma City plant, the first smaller scale, commercial...
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18 Sep
13:43Velocys enters into renewables partnershipVelocys has announced that it has entered into a partnership to prepare the business case for a commercial scale waste-to-renewable-jet-fuel plant in the UK. The Company said it will lead this...
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21 Jul
07:43Velocys says Fischer-Tropsch reactors and catalyst meet commercial performance standardsVelocys said with the production of saleable products at ENVIA Energy's GTL plant in Oklahoma City, Velocys demonstrated that its Fischer-Tropsch (FT) reactors and catalyst meet performance...
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27 Jun
08:40Broker Forecast - finnCap issues a broker note on VelocysfinnCap today initiates coverage of Velocys (LON:VLS) with a corporate investment rating and price target of 144p. Story provided by StockMarketWire.com
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22 Jun
13:53All resolutions passed at AGM of VelocysVelocys has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:53pm: (LON:VLS) Velocys share price was 0p at 48.5p Story provided by...
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22 Jun
07:49Velocys notes busy year in 2016Velocys said 2016 was a busy year of change for the company as it moved towards becoming a renewable fuels company. CEO David Pummell said in an AGM statement that Velocys had invested significant...
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22 Jun
07:08FLASH: Velocys notes busy year in 2016Story provided by StockMarketWire.com
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19 Jun
07:34Velocys moves towards US Dept. of Agriculture loanVelocys said the US Department of Agriculture (USDA) has invited it to submit a Phase II Application to obtain a loan guarantee for a commercial-scale biorefinery. This invitation was made after...
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19 Jun
07:06FLASH: Velocys moves towards US Dept. of Agriculture loanStory provided by StockMarketWire.com
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01 Jun
14:19Velocys shareholders approve £10m fundraisingVelocys has announced that shareholders approved the proposed £10m fundraising at today's General Meeting. David Pummell, CEO of Velocys, said: "The fund raise secured today allows us to...
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26 Apr
13:09Velocys non-exec steps downVelocys has announced that Mark Chatterji, a Non-Executive Director of the Company, has stepped down from the Board with effect from 25th April 2017. At 1:09pm: (LON:VLS) Velocys share price...
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03 Mar
07:20Velocys confirms strategic alliance with MorimatsuVelocys has signed a definitive agreement covering its strategic alliance with Morimatsu (Jiangsu) Heavy Industry Co., Ltd., a subsidiary of Morimatsu Industry Co., Ltd. This agreement confirmed...
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03 Mar
07:03FLASH: Velocys confirms strategic alliance with MorimatsuStory provided by StockMarketWire.com
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06 Feb
09:24Velocys notes first product at Envia's GTL plantVelocys announces that first Fischer-Tropsch product has been successfully produced at ENVIA Energy's GTL plant in Oklahoma City. These products were fractionated on site to produce premium wax,...
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06 Feb
07:04FLASH: Velocys notes first product at Envia's GTL plantStory provided by StockMarketWire.com
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26 Jan
09:35Velocys in strategic alliance with ThermoChem RecoveryVelocys has signed a memorandum of understanding with ThermoChem Recovery International Inc (TRI), establishing a strategic alliance. Under the MoU, TRI would be Velocys' preferred supplier of...
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26 Jan
07:15FLASH: Velocys in strategic alliance with ThermoChem RecoveryStory provided by StockMarketWire.com
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17 Jan
07:26Velocys in strategic alliance with MorimatsuVelocys has signed a memorandum of understanding (MoU) with Morimatsu (Jiangsu) Heavy Industry Co., Ltd., a subsidiary of Morimatsu Industry Co., Ltd. (Morimatsu) establishing a strategic alliance....
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17 Jan
07:11FLASH: Velocys in strategic alliance with MorimatsuStory provided by StockMarketWire.com
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19 Dec
10:20Broker Forecast - Numis issues a broker note on VelocysNumis today reaffirms its buy investment rating on Velocys (LON:VLS) and cut its price target to 107p (from 114p). Story provided by StockMarketWire.com
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26 Sep
14:20Broker Forecast - Canaccord Genuity issues a broker note on VelocysCanaccord Genuity today reaffirms its speculative buy investment rating on Velocys (LON:VLS) and raised its price target to 110p (from 95p). Story provided by StockMarketWire.com
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21 Sep
07:29Velosys completes construction at Envia's GTL plantVelocys confirms construction of ENVIA Energy's GTL plant in Oklahoma City is now complete. On-site loading of catalyst into the Fischer-Tropsch reactors has been completed by Velocys with...
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21 Sep
07:02FLASH: Velosys completes construction at Envia's GTL plantStory provided by StockMarketWire.com
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07 Jul
07:12FLASH: Velocys issues business updateStory provided by StockMarketWire.com
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27 Apr
07:52Velocys narrows FY pretax lossVelocys has narrowed its FY pretax loss to GBP21.1m, from a year-earlier loss of GBP23.3m, mostly due to administrative expenses. Revenue was GBP2.0m, from GBP1.7m before exceptional items. CEO...
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27 Apr
07:13FLASH: Velocys narrows FY pretax lossStory provided by StockMarketWire.com
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14 Mar
11:45Velocys confirms details of share awardVelocys has announced that an application has been made for the admission of 1,330,000 Ordinary shares of GBP0.01p each to trading on AIM. The shares were allotted to a former employee of the...
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24 Feb
11:06VLS begins study on UK-based waste-to-liquids plantVelocys has begun an initial engineering study on the development of a new waste-to-liquids (WTL) project in the UK. The proposed project would take hundreds of thousands of tonnes per year of...
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24 Feb
07:08FLASH: VLS begins study on UK-based waste-to-liquids plantStory provided by StockMarketWire.com
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05 Feb
13:40Broker Forecast - Numis issues a broker note on VELOCYS ORD 1PNumis today reaffirms its buy investment rating on VELOCYS ORD 1P (LON:VLS) and cut its price target to 114p (from 189p). Story provided by StockMarketWire.com
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05 Feb
07:42VLS updates on ENVIA Energy GTL plant progressVelocys said ENVIA Energy's EPC contractor, Ventech Engineers, has signed the final major contract, covering installation of process modules, related piping and ancillary equipment, for ENVIA's...
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05 Feb
07:08FLASH: VLS updates on ENVIA Energy GTL plant progressStory provided by StockMarketWire.com
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06 Jan
07:07FLASH: Velocys names David Pummell as CEOStory provided by StockMarketWire.com
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21 Dec
07:30Velocys in patent settlment deal with CompactGTLVelocys has come to a settlement with CompactGTL Limited in the patent infringement case that Velocys filed in the UK in 2013. Under the terms of the settlement, CompactGTL will make an...
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21 Dec
07:03FLASH: Velocys in patent settlment deal with CompactGTLStory provided by StockMarketWire.com
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09 Dec
07:04FLASH: Velocys names Ross Allonby as directorStory provided by StockMarketWire.com
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30 Sep
07:14FLASH: Velocys widens H1 lossStory provided by StockMarketWire.com
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23 Sep
07:38Velocys notes settlement of US IP infringement caseVelocys has come to a settlement with Johnson Matthey in the intellectual property infringement case the former filed in the US against Catacel Corp. Catacel was acquired by Johnson Matthey in...
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23 Sep
07:07FLASH: Velocys notes settlement of US IP infringement caseStory provided by StockMarketWire.com
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02 Sep
07:18VLS says manufacture of reactors and catalyst completeVelocys said the manufacture of the full-scale commercial Fischer-Tropsch reactors for ENVIA Energy's Oklahoma City GTL project is complete. All ASME (American Society of Mechanical Engineers)...
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02 Sep
07:06FLASH: VLS says manufacture of reactors and catalyst completeStory provided by StockMarketWire.com
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11 Aug
07:16Velosys says CEO Roy Lipski leavesVelocys said CEO Roy Lipski is leaving the company with immediate effect and by mutual consent. Now that the Company is progressing into its commercial phase with its first industrial project...
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11 Aug
07:11FLASH: Velosys says CEO Roy Lipski to leave immediatelyStory provided by StockMarketWire.com
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06 Jul
08:53FTSE, Europe markets dive, banks and financials sufferFTSE indices and European bourses plunged after referendum voters in Greece very predictably vetoed an international bailout. Rolls-Royce (RR.) motored to the head of the losers' ladder, with a...
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06 Jul
07:22Velocys suspends CEO Roy Lipski on allegationsVelocys has suspended CEO Roy Lipski pending an investigation into allegations of serious misconduct. The company's CFO, Susan Robertson, will act as CEO during the suspension of Lipski....
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06 Jul
07:07FLASH: Velocys suspends CEO Roy Lipski on allegationsStory provided by StockMarketWire.com
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23 Jun
13:03Velocys resolutions passed at AGMVelocys has confirmed that all the resolutions proposed at the annual general meeting earlier today were passed. At 1:03pm: (LON:VLS) VELOCYS ORD 1P share price was -2.62p at 126.38p Story...
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22 May
14:17Velocys sets AGM dateVelocys has confirmed that the annual general meeting of the Company is to be held at 10.45 a.m. on 23rd June 2015 at a new venue; the Milton Park Innovation Centre, 99 Park Drive, Milton Park,...
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28 Apr
09:59Velocys widens FY pretax lossVelocys has widened its FY pretax loss to £23.3m, from a year-ago loss of £18.0m. Most of the losses were due to administrative expenses, which totalled £25.6m, from £19.6m. At 9:59am:...
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28 Apr
07:14FLASH: Velocys widens FY pretax lossStory provided by StockMarketWire.com
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09 Jan
09:14Velocys appoints senior independent directorVelocys said its board director Julian West has been nominated as company senior independent director with immediate effect. At 9:14am: (LON:VLS) VELOCYS ORD 1P share price was +0.25p at 134.5p...
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08 Jan
09:11Velocys says CompactGTL's request to appeal refusedVelocys said the UK Court of Appeal has refused CompactGTL's permission to appeal in relation to the IP infringement case brought against it by the Company. As announced on 22nd September 2014,...
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08 Jan
07:11FLASH: Velocys says CompactGTL's request to appeal refusedStory provided by StockMarketWire.com
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16 Dec
12:00Director Deals - VELOCYS ORD 1P (VLS)Dr Paul Schubert, Executive Director, sold 277,100 shares in the company on the 15th December 2014 at a price of 161.00p. The Director now holds 1,264,565 shares. Story provided by...
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17 Oct
15:11Velocys placing approvedVelocys shareholders have approved the £52m equity placing announced on 29 September. Following the general meeting, 23,111,111 new ordinary shares have been allotted to institutional and other...
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03 Oct
10:44Velocys wins High Court injunctionVelocys (VLS), a company specialising in smaller scale gas-to-liquids (GTL), has announced that the High Court has ordered an immediate injunction restraining CompactGTL's infringing activities....
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29 Sep
07:21FLASH: Velocys widens H1 lossStory provided by StockMarketWire.com
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22 Sep
10:19Velocys wins patent caseVelocys plc (VLS.L), the company behind smaller scale gas-to-liquids (GTL), has announced that the UK High Court has ruled in its favour in the patent infringement case it brought against...
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22 Sep
07:34Velocys customer awarded $70m BTL construction grantVelocys, the technology innovator for smaller scale gas-to-liquids (GTL), said its customer, Red Rock Biofuels, has been awarded a $70 million grant to construct a biomass-to-liquids (BTL) plant...
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22 Sep
07:06FLASH: Velocys customer awarded $70m BTL construction grantStory provided by StockMarketWire.com
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03 Sep
15:40Velocys to brief investors at first ever Stock Market ShowVelocys (VLS) (VLS.L) [LON.VLS], which offers smaller scale gas-to-liquids (GTL) solutions that convert unconventional, remote and problem gas into valuable liquid fuels, will be briefing investors...
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29 Jul
07:26Velocys to proceed with GTL plant constructionVelocys, the technology innovator for smaller scale gas-to-liquids (GTL), said the final investment decision (FID) has been made to proceed with construction of a commercial GTL plant using the...
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29 Jul
07:11FLASH: Velocys to proceed with GTL plant constructionStory provided by StockMarketWire.com
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25 Jun
07:28Velocys acquires Pinto Energy and Ashtabula GTL projectVelocys, the technology innovator for smaller scale gas-to-liquids (GTL), confirms the acquisition of Pinto Energy and the Ashtabula GTL project. Pinto Energy is one of the leading project...
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25 Jun
07:12FLASH: Velocys acquires Pinto Energy and Ashtabula GTL projectStory provided by StockMarketWire.com
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27 Mar
07:54Velocys widens FY pretax loss to £18.0mVelocys widened its FY pretax loss to £18.0m, from £10.8m. Revenue was £4.8m, from £7.6m. Total administrative expenses were higher and included £10.5m of unfunded R&D costs, form £7.0m....
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27 Mar
07:07FLASH: Velocys widens FY pretax loss to £18.0mStory provided by StockMarketWire.com
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24 Mar
07:43Velocys in JV to develop gas to liquids plants in USVelocys, the technology innovator for smaller scale gas-to-liquids (GTL), has entered a JV with Waste Management, NRG Energy (NRG), and Ventech Engineers International (Ventech) to develop...
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24 Mar
07:13FLASH: Velocys in JV to develop gas to liquids plants in USStory provided by StockMarketWire.com
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11 Mar
07:49Velocys to collaborate more closely with Shiloh Ind.Velocys, the technology innovator for smaller scale gas-to-liquids (GTL), and Shiloh Industries have committed to closer preferential collaboration, and the purchase by Shiloh of 601,326 new...
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11 Mar
07:13FLASH: Velocys to collaborate more closely with Shiloh Ind.Story provided by StockMarketWire.com
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06 Jan
07:25Velocys to sell commercial Fischer-Tropsch reactorVelocys, the technology innovator for smaller scale gas-to-liquids (GTL), has executed an agreement for the sale of a commercial Fischer-Tropsch reactor to a customer in the Commonwealth of...
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06 Jan
07:07FLASH: Velocys to sell commercial Fischer-Tropsch (FT) reactorStory provided by StockMarketWire.com