Fischer-Tropsch synthesis (FTS), which provides a green route to the production of clean fuels and fine chemicals, represents some significant applications of catalytic materials and processes in the chemical industry. FTS reactions show a diversity of mechanisms, involve various catalytic materials, and offer options for continuous investigation. Cobalt-based catalysts have been widely used for Fischer-Tropsch synthesis both in academia and in industry. This mini-review will focus on relevant research achievements in cobalt-based FTS catalysts by our group in the Dalian Institute of Chemical Physics (DICP). Specific contents will include the development of Co/Co2C-based nano-catalysts (i) for the highly selective synthesis of clean fuels over Co-based catalysts supported by carbon materials and (ii) for the synthesis of linear α-alcohols and olefins over Co-Co2C-based catalysts supported by carbon materials. The direct synthesis of linear α-alcohols from syngas using a Co-Co2C/AC catalyst is highlighted. The innovative work of FTS using activated carbon (AC)-supported Co/Co2C-based nano-catalysts could bring some insight into new FTS catalyst designs.