CARBON DIOXIDE STORAGE

Study pegs potential $9 billion tax impact for CO2 in North Dakota oil wells

Injecting carbon dioxide into oil wells to enhance oil recovery could have significant economic impacts for North Dakota, officials said Jan. 28, 2025. (Kyle Martin/For the North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — North Dakota could see another $9 billion in oil tax revenue over 10 years if oil companies begin injecting carbon dioxide into oil wells on a…

North Dakota Regulators OK Underground Storage for Proposed Midwest Carbon Dioxide Pipeline

Summit Carbon Solutions plans to build a 2,500-mile network of CO2 pipelines across the Midwest to capture carbon produced by ethanol plants and then sequester it underground in North Dakota. (Courtesy of Summit Carbon Solutions)BISMARCK, N.D. (AP) — North Dakota regulators approved permits Thursday for underground storage of carbon dioxide delivered through a sprawling pipeline proposed for the Midwest, marking…

CO2 pipeline project denied key permit in South Dakota; another seeks second chance in North Dakota

PIERRE, S.D. (AP) — South Dakota regulators on Wednesday denied a construction permit for a carbon dioxide pipeline project, one month after a North Dakota panel did the same to a similar project by another company. Navigator CO2 Ventures wants to build a 1,300-mile (2,092 kilometers) pipeline network across Illinois, Iowa, Minnesota, Nebraska and South Dakota, to carry planet-warming carbon dioxide emissions…

Minnkota Power & Summit Carbon Solutions Join Forces on CO2 Storage

Milton R. Young Station/Center, NDGRAND FORKS, N.D. (KFGO) – A North Dakota-based power cooperative and an Iowa company announced an agreement Thursday to co-develop carbon dioxide storage facilities. Minnkota Power Cooperative of Grand Forks and Ames, Iowa-based Summit Carbon Solutions said the CO2 storage facilities would be located in western North Dakota, near the town of Center. Minnkota and Summit…