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BISMARCK, N.D. – The North Dakota Industrial Commission today approved more than $2.8 million in grants during the latest grant round for the Commission’s Lignite Research, Development and Marketing Program. The funding for this program is generated from lignite severance tax as well as oil and gas production tax revenue. The program supports the growth of North Dakota’s lignite industry through research and education.

The Lignite Research, Development and Marketing Program is accepting applications for grant round 106. The deadline for submitting applications for consideration is February 14, 2025. Applications may be submitted via email at ndicgrants@nd.gov.

BISMARCK, N.D. – The North Dakota Tax Commissioner’s Office and Energy & Environmental Research Center (EERC) have released reports that forecast the economic potential of CO₂-enhanced oil recovery (CO₂-EOR) in North Dakota. These studies underscore the state’s strategic advantages in leveraging CO₂ utilization to drive sustainable energy production, economic growth and environmental benefits over the next 20 years.

BISMARCK, N.D. - The North Dakota Industrial Commission today approved Bank of North Dakota’s 2024 Ag Disaster Relief program to assist North Dakota farmers and ranchers statewide who were negatively impacted by extreme weather events, wildfires, inflationary input costs and volatility in commodity prices. The Bank has set aside $200 million for the program. Producers may apply through their local lender after working with them to determine if the program is appropriate for the producer’s situation.   

BISMARCK, N.D. – The Industrial Commission reports that Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as A+/Stable in its annual review released Jan. 14.