Hunton Energy's Synthetic Natural Gas (SNG) plant, announced December 13, 2007, is winning praise from a cross-section of business, government and environmental leaders.

Hunton Energy has signed a memorandum of understanding with The Dow Chemical Company that will lead to Hunton Energy building and operating a synthetic natural gas plant at Dow's Oyster Creek facility on the Texas Gulf Coast.

By Tom Fowler, Houston Chronicle Dec. 14--It almost sounds too good to be true. Take an oil refinery waste product, turn it into a cleaner-burning fuel for chemical plants, and capture and sell all the greenhouse gases.

Hunton Energy announces today a Memorandum of Understanding (MOU) with The Dow Chemical Company (NYSE:DOW) for agreements resulting in Hunton Energy building and operating a Synthetic Natural Gas (SNG) plant at Dow's Oyster Creek Facility on the Texas Gulf Coast.

Hunton Energy announced today that it has signed a Letter of Intent with Cogentrix Energy, Inc., a wholly owned subsidiary of The Goldman Sachs Group, Inc., outlining Cogentrix's becoming the lead equity partner in the development of the Lockwood Project.