Pin to quick picksVelocys Share News (VLS)

Share Price Information for Velocys (VLS)

London Stock Exchange
Share Price: 3.03
Bid: 2.93
Ask: 3.03
Change: 0.015 (0.51%)
Spread: 0.10 (3.41%)
Open: 3.00
High: 3.18
Low: 2.98
Yest. Close: 2.965
VLS Live PriceLast checked at -

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Velocys gets environmental tick for planned Natchez refinery

Tue, 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. The AIM-traded firm said that, with the FONSI process completed, it would now focus on the next steps in the project's development, including securing the state-level permits that would be required to construct and operate the biorefinery. It said the 160-page environmental assessment report detailed the impact of the proposed facility across 15 potential aspects, including land use, water resources, air quality, wildlife, visual impact, noise, transport, and public and occupational health. In each case, it reportedly concluded the plant would have "none", "none to minor", or "minor" impacts during construction and operation. The FONSI was issued as part of Velocys' ongoing development of a 100-acre site in Natchez that the company secured in October last year. Velocys said the site would be home to a "pioneering" biorefinery that would use its innovative technology to produce low-carbon transportation fuels from the wood wastes of timber operations and tree plantations. The plant was expected to convert locally-sourced woody biomass waste into enough renewable fuel to meet the demands of running around 40,000 diesel and gasoline trucks. No opposing or negative comments were filed as part of the USDA's public consultation process, Velocys claimed. "This is a significant step in the permitting of the Bayou Fuels biorefinery as well as an important milestone for the overall development of the project," said Velocys chief executive officer David Pummell. "The environmental assessment provides independent confirmation that the project will not give rise to any significant environmental impacts and reflects our commitment to responsible and safe project development."

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5 Aug 19 17:24

DIRECTOR DEALINGS: Velocys Company Directors Took Part In Placing

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2 Aug 19 17:30

Velocys narrows loss after cutting back costs

(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.

15 May 19 11:31

Velocys To Get USD4.2 Million From Transfer Of Oklahoma Plant Rights

LONDON (Alliance News) - Velocys PLC on Monday said it will net USD4.2 million from the transfer of rights for the ENVIA Energy LLC's gas-to-liquids plant in Oklahoma City, US, to another in a

29 Apr 19 10:57

Velocys Amends Licencing Contract With Red Rock Biofuels

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12 Feb 19 14:20

Velocys amends reactor deal with Red Rock Biofuels

(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.

12 Feb 19 10:01

Hurricane Energy Appoints Velocys Non-Executive Director Shaw To Board

LONDON (Alliance News) - Hurricane Energy PLC on Thursday said Sandy Shaw has been appointed as non-executive director of the oil & gas company with immediate effect.Shaw has over 35 of

3 Jan 19 14:26

Velocys secures site for UK waste-to-jet fuel project

(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.

19 Dec 18 08:35

Velocys Says Bayou Progress And Media Analysis Led To Share Price Rise

LONDON (Alliance News) - Velocys PLC on Monday attributed a recent share price climb to the progress of its Bayou Fuels biorefinery project in Mississippi and to media analysis showing the demand

15 Oct 18 10:18

Velocys Interim Loss Deepens Amid One-Off Costs As Plan Progresses

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Velocys tumbles as Oklahoma plant operations suspended

(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.

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Monday broker round-up

(Sharecast News) - Glencore: JP Morgan downgrades to neutral with a target price of 370p.

10 Sep 18 11:48

Velocys Shares Sink As ENVIA Suspends Operations At Oklahoma City

LONDON (Alliance News) - Shares in Velocys PLC dropped on Monday as the company said ENVIA suspended operations at the Oklahoma City gas-to-liquids plant to undertake a review of strategic in the

10 Sep 18 10:45

Velocys Says Discussions For Oklahoma City Plant Are Ongoing

LONDON (Alliance News) - Velocys PLC said Thursday that discussions with ENVIA Energy LLC are ongoing regarding funding options for the Oklahoma City plant.Shares in the company were down a

6 Sep 18 12:44

Velocys gets environmental tick for planned Natchez refinery

(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.

7 Aug 18 12:08

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