This short review makes it clear that after 90 years, the Fischer–Tropsch synthesis (FTS) process is still not well understood. While it is agreed that it is primarily a polymerization process, giving rise to a distribution of mainly olefins and paraffins; the mechanism by which this occurs on catalysts is still a subject of much debate. Many of the FT features, such as deactivation, product distributions, kinetics and mechanism, and equilibrium aspects of the FT processes are still subjects of controversy, regardless of the progress that has been made so far. The effect of molecules co-feeding in FTS on these features is the main focus of this study. This review looks at some of these areas and tries to throw some light on aspects of FTS since the inception of the idea to date with emphasis and recommendation made based on nitrogen, water, ammonia, and olefins co-feeding case studies.