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Petrofund News

Here is where we list news and information on Petrofund topics.

  • The Petrofund Board will hold a special meeting on Thursday, July 24 at 8:30 a.m. in Lower Level Room 35 in the Golden Rule Building, 85 7th Place East, St. Paul, MN 55101. Attendees should go to the Minnesota Department of Commerce's fifth floor desk to sign in and receive an escort to the meeting room. The purpose of the meeting is consideration of an environmental lien on property owned by Mr. Tom and Mrs. Elizabeth Pearson and associated with Leak #13178 – Former Stony River Sports Shop. Petrofund Board members may participate by telephone. If you have any questions, please contact Petrofund Director Joel Fischer by phone at 651-539-1507 or 800-638-0418 or by email at

  • Governor Mark Dayton has appointed William Hefner to serve as the new Public Member on the Petrofund Board. Mr. Hefner is a partner at the Environmental Law Group, Ltd. in Minneapolis, MN. Mr. Hefner's term runs from June 30, 2014 to January 1, 2018.

  • Commerce Commissioner Mike Rothman in conjunction with Minnesota’s Petrofund Board filed a $25 million lawsuit against British Petroleum (BP) to recover money for claims paid to the company to clean up contamination from leaking petroleum storage tanks at service stations across the state. The lawsuit comes at the end of a lengthy investigation conducted by the Commerce Department looking into the company’s dealings with the Petrofund. A copy of the press release and a link to the complaint can be found at here.