The article underlines and discusses the state-of-the-art accomplishments in the catalytic conversion of glycerol (1,2,3-propanetriol) to fuels and value-added chemicals in the past five years (2008-2012). The reactions include steam reforming, aqueous-phase reforming, hydrogenolysis, oxidation, dehydration, esterification, etherification, carboxylation, acetalization, and chlorination. Typical products are hydrogen, propanediols, dihydroxyacetone, glyceric acid, acrolein, glyceride, polyglycerol, glycerol carbonate, acetals, ketals, and epichlorohydrine. Recent studies on the catalysts, reaction conditions, and possible pathways are primarily discussed. They indicate that major breakthroughs are achieved by the use of multifunctional catalysts, process intensification and integrated reactions. Literature survey suggests that future work on the catalytic conversion of glycerol for commercial goals particularly requires new catalysts, innovative reactor engineering, and close multidisciplinary partnership.