A series of La-promoted cobalt-copper catalysts with various Co:Cu ratios have been used to study the conversion of syngas to oxygenates and hydrocarbons. In particular, the effect of the Co:Cu composition on the selectivity to oxygenates versus hydrocarbons has been examined. Three bulk catalysts were synthesized by coprecipitation, reduced in H 2 /He flow, then cobalt carbide was formed during CO hydrogenation. The composition of the catalysts were: Co:Cu = 12:9, 7:13, and 0:21 (cobalt only). CO hydrogenation tests were performed at differential conversions and 30 bar, H 2 /CO=2/1 and 250°C. The C 1 selectivity (methane + methanol + CO 2) was ~64% for the two catalysts containing Co and Cu, and slightly less for the Co-only catalyst (52%). These products are formed by three mechanisms: (1) CH 4 : hydrogenation of dissociatively adsorbed CO at metallic cobalt sites, (2) CH 3 OH: hydrogenation of associatively adsorbed of CO at copper sites, and (3) CO 2 : water gas shift, also at the copper sites. C 2+ alcohol selectivity for the two Cu-containing catalysts is greater than for the Co-only catalyst, while the Co-only catalyst has the highest selectivity to acetaldehyde. The formation of