No. 180

  USRCC Business Newsletter
USRCC Activities

The USRCC invites Young Professionals 
to join us 

at the

2nd Annual Senior Executive Knowledge Sharing Series:
From a Young Professional to an Industry Leader 


Vice President
 New Business Development &  Commercial 
North America and Brazil
Shell International Exploration and Production Company
Upstream and Integrated Gas

With the Petroleum engineering background, Mr. Marsili worked in Eni and Enterprise Oil before joining Shell 16 years ago as Area Development Lead for Gannet cluster in UK North Sea. Mr. Marsili covered a number of Asset Commercial roles in UK and Italy. Mr. Marsili worked in NBD as Head of M&A in Shell Energy Europe and as Senior Business Development Manager responsible for the Iraq South Gas project.

More recently Mr. Marsili worked as the Venture Implementation Manager and Commercial Director for Basra Gas Company Joint Venture in Iraq.

Currently Mr. Marsili is a Vice President, New Business Development & Commercial, North America and Brazil, Shell.  Full bio is available here.

Join the USRCC for the engaging discussion and learn how to improve your skills, knowledge and attitude to reach your personal and professional goals and advance your career.

When: Tuesday, September 18
6:00 pm - 8:00 pm

Where: University of Houston, Bauer College of Business
Insperity Classroom & Business Building (CBB)
4th Floor, Room 412
4302 University Drive, Houston, Texas 77204

Audience: Young Professionals

Parking:  Welcome Center Parking Garage
4400 University Drive, Houston, Texas 77204
Visitor Parking is on 3rd & 4th floors

USRCC Member - free | Non-Member $20

The U.S.-Russia Chamber of Commerce invites you to attend

The 8th Annual Welcome Reception
Honoring Russian and CIS Delegations to the 
Breakbulk Americas  2018

Please join the U.S.-Russia Chamber of Commerce in welcoming Russian and CIS delegations to the 8th Annual Breakbulk Americas Reception . This annual event draws decision makers in U.S.- Russia trade and investment, including senior representatives from major shipping and logistics companies, leaders in the oil and gas industry, government officials, elected officials and more.

Breakbulk Americas is the largest and most important gathering in North America for companies involved in the shipping of heavy-lift, project cargo and traditional breakbulk cargoes. The conference provides shippers with the opportunity to meet and develop relationships with the leading specialized carriers, forwarders, ports, terminals and packers who have the expertise and resources to handle oversized cargoes with unique handling requirements.

Wednesday, October 3, 2018 * 6:00 PM - 8:00 PM 
Four Seasons Hotel, Whitney Room * 1300 Lamar Street, 
Houston, TX 77010

USRCC Members - $30/Non-Members - $60
Please note: Refunds will not be issued after September the 30th, 2018

For sponsorship opportunities please contact:

The U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive, Suite 133, Houston, TX 77042 
Phone: 713.429.4680 Email :

"Russian Energy Week" 
International Forum 2018

Russian Energy Week (REW) is Russia's largest international  business discussion platform for the energy sector. The aim  of this event is to showcase future opportunities in the  Russian fuel and energy sector and to realize the potential  of international cooperation. The Forum is held with the  support of the Ministry of Energy of the Russian Federation  and the Moscow City Government.

When: October 3-6, 2018

Where: Central Exhibition Hall 'Manege',  1 Manezhnaya Ploshchad, 
Moscow, Russia

For more information please click here.

USRCC Internship

The USRCC is looking for new team members!

 play a key role and the contributions they make impact the day-to-day functions of the chamber and shape the future of the relationship between Russia and the U.S.

There are many ways you can get involved with the USRCC. Whether you are an experienced leader or a student, there is a place for you. By volunteering you can be at the very centre of our high-profile events held in Houston, Chicago and New York City and interact with influential leaders in the U.S.-Russia trade and investment.
To learn more about the position  click here or contact us directly at   call 713.429.4680
USRCC Membership
Are you taking advantage of your  USRCC Member Benefits?

Renew your membership or join for the first time today!

For more information  click here 
Interested in learning more about our 2018 events?

To see a full list   click here                                                                                                                     
Members' News
Exxon Mobil Acquires Stake In Block Offshore Namibia, August 14, 2018: ExxonMobil Namibia, an affiliate of Exxon Mobil Corp., has entered an agreement with Namibian explorer Azinam Ltd. to acquire a 30% interest in petroleum exploration license (PEL) 44 offshore Namibia, according to a news release on Aug. 14.
Azinam, which is backed by the Seacrest Capital Group, will retain a 12.5% interest with Maurel and Prom, the license operator, retaining its current 42.5% equity interest, Azinam said in the release. Namibian partners NAMCOR, Livingstone Mining and Frontier Minerals would also retain their carried interests of 8%, 4% and 3%, respectively. Read more...
Gazprom leads global capex across oil and gas value chain, August 10, 2018: GlobalData's latest report, H1 2018 Top Global Oil and Gas Companies Planned Projects and Capital Expenditure Outlook - Gazprom Leads Global Capex across Oil and Gas Value Chain, identifies Gazprom, China Petrochemical Corp (Sinopec), and Royal Dutch Shell are the top spenders among all oil and gas companies across oil and gas value chain by 2025 on planned and announced projects. Gazprom tops the list with estimated capex of $160bn expected to be spent on 84 oil and gas projects globally. Sinopec and Royal Dutch Shell follow with $87bn (74 projects) and $86bn (91 projects). 
The Week in Review
Russia to increase oil production in 2019 - OPEC, August 13, 2018: Russian oil producers will boost crude production next year largely owing to the start of several greenfield projects, the Organization of Petroleum Exporting Countries (OPEC) said in its report on Monday. "In 2019, Russian oil companies have the potential to increase production through green field development. Incremental production of oil, NGLs and condensate could come from several projects, such as Uvat, East-Siberian, Vankorneft, Messoyakha and Yamal LNG," OPEC said.  Read more...
Nord Stream 2 AG receives all permits for gas pipeline construction in Russia, August 14, 2018: Nord Stream 2 AG, the operator of the Nord Stream 2 gas pipeline project, obtained a permit for laying the subsea segment of the gas line in the territorial sea of the Russian Federation, the company says on Tuesday. The permit was issued by the Russian environmental regulator and covers a 114 km gas pipeline segment on the bottom of the Russian territorial sea. Practical implementation of the project within the framework of the granted permit will start shortly. Read more...
Russia to lead global underground gas storage capacity additions, August 14, 2018: GlobalData's latest report, Global Capacity and Capital Expenditure Outlook for Gas Storage - Russia to Lead in Gas Storage Capacity Additions, suggests that the global underground working gas storage capacity is expected to grow by 19% during 2018 to 2022, from the current 14.9 billion cubic feet (bcf) in 2018 to around 17.8bcf in 2022.  Read more...
Russian researchers develop new steel to double service life of oil-field pipelines, August 13, 2018: On the request of PAO Severstal, one of the world's largest metallurgical steel companies, scientists at Russia's NUST MISIS have developed a new steel alloy called SeverCorr for oil-field pipelines that reduces the environmental risks of oil production and increases its efficiency.  Read more...
Russia agriculture ministry meets grain exporters on volumes, August 17, 2018: Russia's agriculture ministry said it held a meeting on Friday with grain exporters to discuss export volumes of grains.
Traders, including some who were at the meeting, said the ministry will consider curbing 2018/19 exports once they reach 30 million tonnes following a request from meat producing regions, but added no decision had been made about how this might be implemented.
The ministry, however, said it did not discuss curbs on grain exports at the meeting.  Read more...
Automotive Market in Russia 2018: Last Year the Sales of Commercial Vehicles (LCV, trucks, buses) Came up to the Level of 200,000 Vehicles, that is Almost 28% More than a Year, August 16, 2018: The "Automotive Market in Russia 2018" report has been added to'soffering.  Last year the sales of commercial vehicles (LCV, trucks, buses) came up to the level of 200,000 vehicles, that is almost 28% more than a year ago. The demand for the new passenger cars grew by 12.3% up to almost 1.5 million vehicles.  The recovered passenger car market and good dynamics of commercial vehicle market resulted in the growth in the Russian automotive industry.  Read more...
NASA Administrator Plans to Meet With Russian Space Agency Chief in Near Future, August 13, 2018: Jim Bridenstine, the administrator of the US National Aeronautics and Space Administration (NASA), said he was ready to hold a meeting with Dmitry Rogozin, the head of the Russian space agency Roscosmos, in the near future. On Sunday, Roscosmos said that Rogozin would hold talks with Bridenstine at the Baikonur spaceport in October. Read more...
Houston - Tyumen Sister Cities
The Tyumen region increases its industrial production, August 15, 2018: The industrial production index of the Tyumen region for the period of January-July 2018 reached 109.1% compared to the same period of last year. According to Tyumenstat, good results were observed for manufacturing industries with their index reaching 109.7%. Mineral production index increased, reaching 108%. It also increased in the field of provision of services associated with mineral production, reaching 136.7%. Read more...
CIS Business News
Baku to host German-Azerbaijani Business Forum, August 15, 2018: On Oct. 9, 2018, the German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) will organize the German-Azerbaijani Business Forum "Energy and ICT in Azerbaijan" with support of the German Eastern Business Association (Ost-Ausschuss - Osteuropaverein der Deutschen Wirtschaft e.V.), the press service of the AHK Azerbaijan stated.
The aim of the event is to present projects, proposals and needs of German and Azerbaijani companies and to identify current opportunities for cooperation.
The main focus of the Forum will be on reforms and perspectives for partnerships in the energy and ICT sectors. High-level representatives of the Azerbaijani government are expected to attend the opening ceremony of the Forum.   Read more...
Kazakhstan's car industry grows by 74%, August 17, 2018: In July 2018, some 2,586 vehicles of all types have been manufactured in Kazakhstan, which is 7.3 percent less than in June 2018, the Association of Kazakhstan Auto Business (Aqaba) said in a statement Aug. 17.
The cost of products of car industry released in July is estimated at 15.53 billion tenge, the message says. At the same time, the total outcome of seven months of 2018 exceeds the same outcome in the last year by 32.3 percent (103.79 billion tenge against 78.47 billion tenge).
Production volumes in units have exceeded 73.9 percent the last year's indicator (17 246 against 9 918 units).
Transit of cargoes through Azerbaijan attractive for Baku, Moscow and Tbilisi, August 13, 2018: The new cargo transportation route proposed by the Georgian side through the railway from Georgia to Russia via Azerbaijan as an alternative to Upper Lars may be attractive for Georgia, Azerbaijan and Russia and to some extent will expand the Russia-Georgia trade and economic relations that are being improved, famous Georgian expert Archil Sikharulidze told Trend.  Read more...
Trade turnover between Kazakhstan's Mangystau, Russia up by over 9%, August 13, 2018: The trade turnover between the Mangystau region of Kazakhstan and the Russian Federation amounted to more than $52 million in the first five months of 2018, said the message on the website of Kazakhstan's embassy in Russia. This figure has increased by 9.4 percent compared to the same period last year, the message says. Today, 300 enterprises with the participation of Russian capital have been registered in various sectors of the region's economy.  Read more...
LITTORAL COUNTRIES OF CASPIAN SEA ARE SET TO DEVELOP MUTUALLY BENEFICIAL COOPERATION,  August 15, 2018: Today, Iran, Russia, Azerbaijan and Turkmenistan have close economic relations with Kazakhstan. For example, the trade turnover between Mangystau region and Russia exceeded US$52 million within five months of this year. 300 enterprises with Russian investment were registered in various industries of the region. NURADIL IMANGALIYEV, SPOKESPERSON, DEPARTMENT FOR INDUSTRIAL AND INNOVATIVE DEVELOPMENT: - Over the past three years, we have seen 33 per cent increase in trade between the Caspian littoral countries. If the total trade turnover amounted to US$165.8 million in 2015, then this figure has increased to US$220.5 million in 2017. Russia makes up the largest share of this trade turnover. We have a very fruitful cooperation with Iran, too. We export products of machine industry and metallurgy. We import agricultural products from Iran.  Read more...
US-Russia Related News in Russian
Новости недели
Россия выдала разрешения на строительство "Северного потока-2", 13 августв, 2018: Все разрешения от России на строительство российского участка газопровода "Северный поток-2" получены, сообщает оператор проекта компания Nord Stream 2 AG. Федеральная служба по надзору в сфере природопользования (Росприроднадзор) выдала во вторник разрешение на укладку подводного участка газопровода в территориальных водах России. Действие разрешения распространяется на участок газопровода длиной 114 км, проходящий по дну российской части Балтийского моря.  Читать далее...
Россия и Белоруссия договорились отменить роуминг между странами, 13 августа, 2018: Минсвязи Белоруссии и Минкомсвязи России договорились отменить роуминг между странами. На совместном заседании коллегии в Смоленске ведомства обсудили "дорожную карту" по данному вопросу, сообщило белорусское ведомство. Одним из способов решения вопроса с отменой роуминга названа гармонизация тарифов. В результате ожидается снижение тарифов на услуги связи, а также увеличение деловой и туристической активности.  Читать далее...
Профицит бюджета России за январь-июль составил 2,5% ВВП, 13 августа, 2018: Федеральный бюджет исполнен в январе-июле 2018 года с профицитом в 2,5% ВВП, или 1 трлн 383,3 млрд рублей, говорится в материалах Минфина России. Год назад - в январе-июле 2017 года - дефицит федерального бюджета составил 0,8% ВВП, или 423,71 млрд рублей. Доходы бюджета за январь-июль 2018 года составили 10 трлн 497,9 млрд рублей, а расходы - 9 трлн 114,6 млрд рублей.  Читать далее...
Путин: объем торговли России с прикаспийскими государствами за пять месяцев вырос на 10%, 12 августа, 2018: Объем торговли России с прикаспийскими государствами за пять месяцев 2018 года вырос на 10%, сообщил президент России Владимир Путин на заседании глав государств-участников V Каспийского саммита. Читать далее...
Россия и Китай в Казани обсудили вопросы стандартизации в гражданской авиации, 14 августа, 2018: Стороны затронули применение стандартов при реализации совместных проектов широкофюзеляжного самолета и тяжелого транспортного вертолета.  Читать далее...
Цифровой экономический форум в «Сколково» посетили 3 тыс. человек, 14 августа, 2018: Цифровой экономический форум в Московской школе управления «Сколково» 4 августа собрал около 3 тыс. участников. Об этом информирует пресс-служба инновационного центра. «Проводившееся впервые мероприятие прошло с грандиозным успехом. Самый масштабный форум в России и Европе посетило около 3 тыс. участников, доклады читало более 40 спикеров», - говорится в сообщении.  Читать далее...
Россия может стать главным поставщиком газа для Китая, считает эксперт, 13 августа, 2018: Россия может стать главным поставщиком природного газа для Китая в случае, если Туркменистан не сможет обеспечить стабильность поставок, заявил в беседе с РИА Новости профессор Исследовательского центра России и Центральной Азии при Китайском университете нефти Хэ Сяолинь.  Читать далее...
«Камаз» запустил предприятие в Индонезии, 15 августа, 2018: Татарстанское предприятие инициировало создание дочернего предприятия со 100% иностранным капиталом в столице Индонезии Джакарте. Компания KAMAZ TRUCKS INDONESIA станет официальным импортёром «Камаза» на индонезийском рынке.  После запуска дочерней компании многие индонезийские предприятия заявили о желании стать камазовскими дистрибьюторами в Индонезии, сообщает пресс-служба компании.  Читать далее...
USRCC Executive Partners



The U.S.-Russia Chamber of Commerce (USRCC)  is  a 501(c)(6) no t for  profit  corporation with its headquarters  in Houston, Texas,  and offices in the Midwest and the Northeast. The USRCC  was established in 2009 to promote  trade and investment  between  the  Russia n Federation  and the U.S. A.  
The information contained in this newsletter is provided for general information purposes only and does not constitute legal or other professional advice on any subject matter. USRCC does not accept any responsibility for any loss that may arise from reliance on information contained in this newsletter. The views and opinions expressed in this publication are those of the authors. They do not reflect the opinions or views of the USRCC or its members.  Links within this newsletter lead to other websites, including those operated and maintained by third parties. The linked sites are not part of the USRCC newsletter. USRCC includes these links solely as a convenience to the newsletter subscribers, and the presence of such links does not imply a responsibility for the linked site and its operator. USRCC cannot certify the accuracy of the material provided by the original  source .