This review presents the iron phosphorus oxides used as catalysts for isobutyric acid oxidative dehydrogenation. Research on this catalytic system has been developed in the last decade and many publications have been devoted to this reaction, as it can be a step in a new process of production of methyl methacrylate. We emphasize particularly the nature of the active phase, the active centers, and the role of water and promoters. The mechanistic aspects of the reaction, which corresponds to an extension of the Mars and van Krevelen mechanism with a special role of water partial pressure, are discussed.