Velocys gets another DfT grant for sustainable fuels project
12th Jun 2020 11:46
(Sharecast News) - Sustainable fuels technology company Velocys has secured a further £0.5m of grant funding for the Altalto waste-to-fuels project from the Department of Transport (DfT), it announced on Friday, under the 'Future Fuels for Flight and Freight Competition' (F4C).
Read moreBA and Shell provide £1m for Velocys clean fuel plant
12th May 2020 10:15
(Sharecast News) - Velocys said it had secured a further £1m of funding for its Altalto waste-to-fuels project from British Airways and Royal Dutch Shell.
Read moreTuesday broker round-up
4th Feb 2020 13:04
(Sharecast News) - Keywords Studios: Berenberg upgrades to buy with a target price of 1,400p.
Read moreVelocys delivers reactors and catalyst to Toyo in Japan
13th Nov 2019 15:21
(Sharecast News) - Velocys has constructed and now delivered Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering Corporation for use in a biomass-to-jet fuel demonstration facility in Nagoya, Japan, it announced on Wednesday.
Read moreFriday broker round-up
18th Oct 2019 12:53
(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.
Read moreVelocys signs carbon dioxide storage deal with OLCV
10th Oct 2019 16:18
(Sharecast News) - Velocys has signed an agreement with Oxy Low Carbon Ventures (OLCV) to capture carbon dioxide from its planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and securely store it underground in a geologic formation, it announced on Thursday.
Read moreVelocys signs carbon dioxide storage deal with OLCV
10th Oct 2019 16:18
(Sharecast News) - Velocys has signed an agreement with Oxy Low Carbon Ventures (OLCV) to capture carbon dioxide from its planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and securely store it underground in a geologic formation, it announced on Thursday.
Read moreVelocys secures two deals with Japan's Toyo Engineering Corporation
19th Sep 2019 15:47
(Sharecast News) - Velocys announced on Thursday that it has secured a purchase order and technical service agreements with Toyo Engineering Corporation for the use of its technology in a publicly-funded demonstration facility in Nagoya, Japan, as well as an advanced deposit for the use of the technology by Toyo in a subsequent commercial plant.
Read moreVelocys narrows operating loss as it works to deliver on projects
18th Sep 2019 11:15
(Sharecast News) - Sustainable fuels technology company Velocys reported a fall in revenue to £22k, from £0.39m year-on-year, in its interim results on Wednesday.
Read moreVelocys narrows loss after cutting back costs
15th May 2019 11:31
(Sharecast News) - Velocys on Wednesday cuts its annual losses by slashing its administrative expenses, in part as staff numbers were reduced following the disposal of its UK R&D facility in June 2017.
Read moreVelocys amends reactor deal with Red Rock Biofuels
12th Feb 2019 10:01
(Sharecast News) - Velocys announced on Tuesday it has agreed a series of amendments in its licensing contracts with Red Rock Biofuels (RRB), regarding RRB's license of Velocys Fischer-Tropsch reactors and proprietary catalyst for the RRB biorefinery under construction in Lakeview, Oregon.
Read moreVelocys secures site for UK waste-to-jet fuel project
19th Dec 2018 08:35
(Sharecast News) - Renewable fuels company Velocys announced on Wednesday that it has secured a site for the UK waste-to-jet-fuel project, which it was developing in collaboration with British Airways and Shell.
Read moreVelocys tumbles as Oklahoma plant operations suspended
10th Sep 2018 16:21
(Sharecast News) - Renewable fuels company Velocys saw its share price dive on Monday after confirming that operations have been suspended at its plant in Oklahoma City, USA.
Read moreMonday broker round-up
10th Sep 2018 11:48
(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.
Read moreVelocys gets environmental tick for planned Natchez refinery
7th Aug 2018 12:08
(Sharecast News) - Renewable fuels company Velocys announced on Tuesday that the US Department of Agriculture (USDA) has issued a 'Finding of No Significant Impact' (FONSI) on the environmental assessment report for its planned Bayou Fuels biorefinery in Natchez, Mississippi.
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