News Results for Velocys (VLS)

Alternative fuel group Velocys said it had executed an agreement with Envia Energy that completed the return of ownership of the two reactors to Velocys. The return followed the conclusion of the...

Alternative fuel company Velocys said project partner Envia Energy had settled all claims and disputes related to an operational incident last May at a plant in Oklahoma. The insurance settlement...

Alternative 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...

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...

Renewable 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...

Renewable 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...

A 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...

Gains 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...

Alternative 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...

Renewable 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...

UK 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...

Renewable 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....

Renewable 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...

Renewable 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...

Renewable 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...

Renewable 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...

Renewable 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...

Renewable 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...

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...

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...

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...

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...

Numis 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...

Canaccord 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...

Velocys 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...

Velocys 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...

Velocys 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...

Velocys 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...

Velocys 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...

Velocys 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...

finnCap today initiates coverage of Velocys (LON:VLS) with a corporate investment rating and price target of 144p. Story provided by StockMarketWire.com

Velocys 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...

Velocys 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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Velocys 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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Velocys 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...

Velocys 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...

Velocys 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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Velocys 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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Velocys 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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Velocys 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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Numis today reaffirms its buy investment rating on Velocys (LON:VLS) and cut its price target to 107p (from 114p). Story provided by StockMarketWire.com

Canaccord 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

Velocys 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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Velocys 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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Velocys 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...

Velocys 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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Numis 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

Velocys 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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Velocys 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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Velocys 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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Velocys 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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Velocys 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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FTSE 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...

Velocys 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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Velocys 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...

Velocys 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,...

Velocys 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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Velocys 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...

Velocys 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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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...

Velocys 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...

Velocys (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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Velocys 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...

Velocys, 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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Velocys (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...

Velocys, 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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Velocys, 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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Velocys 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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Velocys, 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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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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Velocys, 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...