No. 183

  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
Saudi Aramco awards contract to Baker Hughes for Marjan oil field, September 5, 2018: Petroleum and natural gas company Saudi Aramco has awarded an integrated services contract for its Marjan oilfield to Baker Hughes, a GE company (BHGE).  The first of three major offshore expansions in Saudi Arabia, Marjan oilfield is Saudi Aramco's largest upstream development project this year.  According to the terms of the contract, BHGE will offer drilling services, coiled tubing services and drilling fluids engineering services in Marjan.  Read more...
Emerson Completes First Phase of Multimillion-Dollar Compressor Plant Investment,  September 5, 2018: Emerson today announced it has completed the first phase of upgrades to its plant in Rushville, Indiana, totaling nearly $8 million. The upgrades began in 2015 and have allowed the company to enhance its Copeland® compressor remanufacturing capabilities while strengthening its OEM manufacturing operations. Since 2013, Emerson has invested $13 million in the plant.  Read more...
The Week in Review
Russia holds oil output at near post-Soviet high, September 6, 2018: Russia kept pumping oil near post-Soviet records last month as it reaped benefits from a deal with Opec easing output caps and record-high oil prices in rubles.  The nation extracted an average of 11.21 million barrels of crude per day in August, according to data from the Russian Energy Ministry's CDU-TEK unit. Volumes were little changed from July, when the country's output soared to just shy of a peak in 2016.  Read more...
Record Russian budget revenues forecast from oil and gas sector, September 6, 2018: Russia is set to reap record revenues from the upstream oil and gas sector in ruble terms over the next six years. As the country's oil export duties are phased out over the 2019-2024 period by the so-called tax maneuver, Mineral Extraction Tax (MET) rates will increase to compensate. With prices having remained over $70/bbl in recent months, the combination of this tax change, production growth and a weakened ruble mean that government revenues from the oil and gas sector are forecast to exceed their 2014 peak in ruble terms. Read more...
Russia-Africa Investment Forum Seeks To Promote Business Opportunities In Africa, September 1, 2018: The Russia-Africa Investment Forum (RAfTIF) is one of the platforms that seeks to promote business opportunities on the African continent and serves as a bridge between Russian and African business. It primarily seeks to deepen understanding of the business climate, accelerate investment and partnership possibilities in Africa. Read more...
Russian coal exports rise to 17.2 mil mt in Aug, production also stronger, September 4, 2018: Russian coal exports in the month of August rose 1.5% from July to 17.2 million mt, an increase of 5.3% on the year, according to data released by the Russian Federation Ministry of Energy. The year-to-date volume came to 112.9 million mt, an increase of 3.9% from the year-ago period.  The share of thermal coal in the total volume was not disclosed for export or production. A European trader said maintenance at the port of Ust-Luga in the Baltic earlier in the summer was a potential reason for stronger exports in August.  Read more...
Russia meets grain traders, sees no need to limit exports, September 3, 2018: Russia's Agriculture Ministry does not see a need to impose an export duty on grains or to curb grain exports in any other way, it said in a statement after a meeting with exporters on Monday.   "The (Russian) grain market is stable now," the ministry said in its statement. The ministry also said it did not see any factors which would lead to growth in the pace of Russia's exports or change the supply-demand balance significantly.  Read more...
Russia's Oct ESPO Blend crude exports seen rising 13% on month to 2.7 mil mt, September 5, 2018: Russia's exports of the medium sweet ESPO Blend crude in October are expected to total 2.7 million mt, up 12.5% from September, the latest monthly loading program showed.  ESPO Blend's October program runs from September 29 to November 1 and will comprise 27 cargoes of 100,000 mt each, according to the program.  In comparison, the September program, which runs from August 30 to October 1, comprises 24 cargoes of 100,000 mt each, or 2.4 million mt in total.  Read more...
Russia, Mongolia to strengthen trade, economic cooperation, September 5, 2018: Russian and Mongolian senior officials have discussed ways to enhance trade and economic cooperation between the two countries, the Russian government said on Tuesday. Relevant topics were touched upon by Russian Deputy Prime Minister Alexei Gordeyev and his Mongolian counterpart Ulziisaikhan Enkhtuvshin during a working meeting in Moscow, according to a statement published on the Russian government's website. Read more...
Investments In Russian-Japanese Platform's Project To Exceed $1.2Bln In 5 Years - Fund, September 6, 2018: Some 83 billion rubles ($1.215 billion) are expected to be invested in more than 30 hi-tech projects in five years within the framework of the Russia-Japanese platform for attracting investments in the Far East, Russia's Far East Development Fund CEO Alexei Chekunkov has said. Read more...
Russia is planning to develop a Jurassic Park style cloning facility, September 5, 2018: A university in Russia is planning to unveil a new 5.9 million USD Jurassic-park style cloning facility that aims to bring back extinct species like woolly mammoths, cave lions and other long-gone species back to life. The new Jurassic Park style facility will be a 'world class paleo-genetic scientific hub' in the world's coldest city, Yakutsk.  Read more...
Houston - Tyumen Sister Cities
Medical tourism contributes to the development of the Tyumen healthcare, September 3, 2018: Supported by the regional government, the rapid development of the Tyumen healthcare became the ground for the attraction of patients from other regions and countries to receive diagnosis and treatment as a part of the medical tourism. Prospects for development of this strategically important area were discussed at the forum dedicated to the implementation of the Healthcare national project, held in Tyumen.  Read more...
Tyumen University to help set up "smart" Arctic communities, September 3, 2018: Tyumen State University (UTMN) has obtained a grant for developing a concept to establish "smart" cities in the Arctic, according to the university website. The five million ruble project is to be implemented in cooperation with several foreign universities.  Read more...
New high-tech building to boost Earth Sciences Institute's development in Tyumen, September 5, 2018: The main building of the University of Tyumen's Earth Sciences Institute got a facelift and upgrade that will furnish it with new opportunities for development and international work, Valery Falkov, the university's head, said on Wednesday.  Read more...
CIS Business News
Russia interested in development of relations with Azerbaijan, September 5, 2018: The signing of agreements between Russia and Azerbaijan will give an additional impetus to further development of relations between the two countries, trade representative of Russia in Azerbaijan Eldar Tlyabichev told Trend Sept. 4. The trade representative said the action plan for development of key areas of cooperation includes the so-called road maps on such important issues as enhancement of trade and mutual investments, creation of transport routes, as well as expansion of humanitarian cooperation, including cultural and tourism exchange.  Read more...
Belarus and Russia working to expand orbital satellite constellation, September 4, 2018: Famous astronauts from around the world are awaited this week in Minsk to attend the Space Congress. Among them are natives of Belarus: Peter Klimuk, Vladimir Kovalenok, Oleg Novitsky. In an interview with our television channel, Oleg Novitsky shared his expectations of the Congress. Head of the national operator of the Belarusian system of remote sensing of the Earth Sergey Zolotoy has told us about the Belarusian-Russian interaction in space. Belarus and Russia are now working to expand the orbital satellite constellation.  Read more...
Russia's company considers possibility of increasing joint oil production in Uzbekistan, September 2, 2018: Russia's Zarubezhneft JSC and Uzbekistan's Uzbekneftegaz JSC are considering the possibility of increasing hydrocarbon production at long-term deposits in Uzbekistan, Uzbekneftegaz said in a message. In particular, the possibility of increasing oil production at Uzbekistan's Khartum, Boston, South Alamyshik, Namangan, Tergachi and Shorbulak fields is being considered.  Read more...
New impetus given to tourism cooperation between Azerbaijan, Russia, September 4, 2018: The signing of the agreement on cooperation in tourism between Azerbaijan and Russia will give an impetus to further rapprochement between the two countries in this area, Chairman of the Azerbaijan Tourism Association (AzTA) Nahid Bagirov told Trend on September 3. The chairman of AzTA noted that Russia is an interesting market for Azerbaijan in terms of tourism. "Russia has always been an attractive tourism market for Azerbaijan," Bagirov said.  Read more...
Russia to supply planned volume of oil to Uzbekistan by year-end, September 3, 2018: Russia will export the planned volume of oil to Uzbekistan by the end of 2018 despite the problems associated with the throughput of the transportation system, said Deputy Chairman of the Board of Uzbekneftegaz JSC Odil Temirov, Uzbek media outlets reported. "We have already imported 700,000 tons of oil and oil products. We adhere to the plan for the import of oil raw materials. Until the end of the year we have the tasks that we set, they will be fulfilled," he said.  Read more...
US-Russia Related News in Russian
Новости недели
Несырьевой неэнергетический экспорт России в Индию вырос до 66% от общего объема, 3 сентября, 2018: Россия резко нарастила экспорт в Индию, причём увеличив долю несырьевых неэнергетических поставок: за I полугодие 2018 года они выросли на 64% до $2,6 млрд или 66% общего объема экспорта. Об этом 1 сентября заявил ТАСС торговый представитель России в Индии Ярослав Тарасюк.. Читать далее...
Россия нарастила экспорт СПГ в страны Азии почти в 1,5 раза, 4 сентября, 2018: Россия увеличила экспорт сжиженного природного газа (СПГ) в страны Азиатско-Тихоокеанского региона за восемь месяцев на 48% по сравнению с данными аналогичного периода прошлого года. По информации Центрального диспетчерского управления (ЦДУ) ТЭК, объем экспорта составил 15 млрд кубометров.  Читать далее...
Эксперты назвали судостроительный комплекс «Звезда» локомотивом экономики России, 6 сентября, 2018: Строящийся на Дальнем Востоке судостроительный кластер «Звезда» станет основой для развития новой отрасли отечественной промышленности - тяжелого судостроения, заявляют эксперты. По их мнению, строительство такого комплекса даст импульс развитию в России гражданского судостроения.  Читать далее...
Резиденты "Сколково" представят инновации для ТЭК на Тюменском нефтегазовом форуме, 5 сентября, 2018: Десять резидентов "Сколково" представят разработки для топливно-энергетического комплекса (ТЭК) на IX Тюменском нефтегазовом форуме (ТНФ). Среди проектов - инновационная установка для добычи нефти, сообщает в среду пресс-служба форума. Сообщается, что среди проектов - инновационная установка для добычи нефти, а также технологии интенсификации нефтедобычи.  Читать далее...
Россия и Люксембург договорились об открытии пассажирского авиасообщения, 6 сентября, 2018: Авиавласти России и Люксембурга договорились о возможности полетов между двумя странами, сообщил журналистам заместитель министра транспорта РФ Александр Юрчик. Страны пришли к соглашению о возможности выполнения до семи рейсов в неделю.  Читать далее...
Россия. Производство рапсового масла выросло на 25% в 2017/18 МГ, 6 сентября, 2018: Текущий маркетинговый год для производителей рапсового масла оказался самым результативным за последние три сезона, чему способствовал хороший урожай маслосемян в 2017 году, сообщают аналитики УкрАгроКонсалт.  В целом за 2017/18 сезон (июль-июнь) производство рапсового масла выросло на 25,5% - до 383,7 тыс. тонн против 305,8 тыс. тонн за аналогичный период прошлого года. Читать далее...
Производство сжиженного природного газа увеличится в России, 5 сентября, 2018: Производство крупнотоннажного сжиженного природного газа в России планируется увеличить к 2030 году в 7 - 8 раз, а малотоннажного - в сотни раз. Об этом сообщил врио губернатора Нижегородской области Глеб Никитин на совещании по локализации производства оборудования СПГ-проектов 5 сентября, передает пресс-служба регионального правительства. 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 .