News

The North Dakota Industrial Commission is currently accepting applications through May 3, 2021, for the North Dakota Outdoor Heritage Fund Program.

The North Dakota Industrial Commission (Commission) has awarded $1,000,000 in Renewable Energy Program matching funds for two projects that enhance renewable energy.

The North Dakota Industrial Commission (Commission) approved funding for three new small-scale lignite research and development (R&D) projects on Nov. 23. The three projects had been evaluated and recommended by the Lignite Research Council earlier in the month.

The North Dakota Industrial Commission has established a special grant round and is currently accepting applications through December 14th for the North Dakota Renewable Energy Program. The program funds projects that involve research and development of renewable energy technologies that have strong growth potential in North Dakota.

The Industrial Commission of North Dakota approved $11,624,359 in Outdoor Heritage Fund matching grants for eight conservation and recreation projects benefiting North Dakotans across the state. The funding, generated from oil and gas production tax revenue, supports projects such as access to public and private lands for sportsmen, farming and ranching stewardship practices, fish and wildlife habitat preservation, and outdoor recreation areas.

Standard & Poor’s (S&P) affirmed Bank of North Dakota’s (BND) credit rating as “A+” and “A- 1” for long-term and short-term credit, respectively, in its annual review released Nov. 9, 2020.

The North Dakota Industrial Commission (NDIC) appreciates this opportunity to comment on the Proposed Rule Changes as follows:

The State of North Dakota is ranked 2nd in the United States among all states in the production of oil and gas. North Dakota produces more than 525 million barrels of oil and 1 trillion cubic feet of natural gas per year.

The North Dakota Industrial Commission (NDIC) appreciates this opportunity to comment on the scope of the Environmental Impact Study (EIS).

The State of North Dakota is ranked 2nd in the United States among all states in the production of oil and gas. North Dakota produces more than 525 million barrels of oil and 1 trillion cubic feet of natural gas per year.

BISMARCK – The North Dakota Industrial Commission (NDIC) today approved amendments to the Gas Capture Guidance Policy to provide more transparency into how the gas capture percentage is calculated as well as provide more clarity around requirements within the policy.

Bismarck – The Industrial Commission approved a $50 million interest buydown program to be administered by the Bank of North Dakota (BND) for businesses with decreased revenue related to the COVID-19 pandemic. The program, COVID PACE Recovery II, (CPR II), will be funded by CARES Act dollars assigned to the Bank of North Dakota.