No. 182

  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
Lukoil reports 20 pct rise in Q2 profit on stronger oil, weaker rouble, August 29, 2018: Russia's second-largest oil producer, Lukoil, reported a 20 percent rise in second-quarter net profit helped by stronger oil prices and a weaker rouble.  Net profit came in at 167.3 billion roubles ($2.5 billion) for the second quarter. Analysts, polled by Reuters, had expected a net profit at 171 billion roubles.  Lukoil, controlled by Vagit Alekperov and his deputy Leonid Fedun, said its earnings were supported by higher sales despite a decline in oil production after a global oil deal to curb output.  Read more...
Gulf of Mexico leading the way in Shell's global expansion, says upstream director, August 29, 2018: Shell is fast expanding its Gulf of Mexico oil business and should return next year to its past record production levels of around 450,000 b/d in the region, upstream director Andy Brown told S&P Global Platts. In an interview in Stavanger, Norway, Brown said Shell had brought on stream a well a week in the Gulf of Mexico in the last three months. The Appomattox platform, due on stream next year, he said, would enable production not only from the core Appomattox and Vicksburg fields, but also more recent discoveries -- Rydberg, Fort Sumter and this year's Dover find.  Read more...
The Week in Review
Russia doubled barley exports and increased corn exports in 2017/18, August 27, 2018: Corn exports from Russia in June 2017/18 totaled 583.2 KMT. They were 3% higher than in the previous month and 31% higher than in June 2016/17, reports  UkrAgroConsult. Russia supplied 5.25 MMT of corn to foreign markets in September-June 2017/18, or 2% more than in the same period last year.  Read more...

Egypt's trade exchange with Russia increases by 37% over H1 2018, August 28, 2018: Egypt's trade exchange with Russia increased by 37% during first half (H1) of 2018 in comparison with same period of 2017, recording $3.212bn, according to the Head of Trade Representation of Russia in Egypt, Nikolai Aslanov on Monday, clarifying that the statistics source is the Russian Federal Customs Service.  Read more...
Russia can beat Soviet record of coal mining in 2018, August 27, 2018: Coal mining can be above the level of 420 mln tonnes in 2018, beating the Soviet times record, Russian Energy Minister Alexander Novak said on Monday. "The threshold of 420 mln tonnes will be exceeded this year. We will most likely exceed the highest level of Soviet times mining reached in 1988. Washing volumes are also expected to grow to 195 mln tonnes, up 28%. Investments will reach 130 bln rubles per year ($1.9 bln) and tax deductions will be above 100 bln rubles ($1.5 bln)," the minister said. Coal mining in Russia surged 15.5% to 410 mln tonnes from 2012 to 2017, Novak added.  Read more...
Chinese tourism to Russia more than doubled this year, August 26, 20018: China's largest travel agency reported that the number of Chinese travelers visiting Russia saw a significant boost from January through July compared to the same period last year.
"Over the past few years, Russia has become a destination enjoying increasing popularity among the Chinese tourists," Victor Tseng, vice president of the Ctrip travel operator, said. "According to our information, in January-July of this year, outbound tourism from China to Russia increased by 150 percent compared to the same period last year." Read more...
Major Russian Airline Tests Blockchain in Bid to Track Fuel Payments, August 27, 2018: S7, one of the largest airline operators in Russia, has tested a blockchain-based application that tracks data and paperwork connected to the process for refueling planes. The airline said in a release on Monday that it trialed the application with its fuel supplier, Gazpromneft-Aero, and Alfa-Bank, Russia's largest private bank, on a domestic flight based out of the Tolmachevo International Airport.  Read more...
Saudi Aramco inks strategic collaboration with Russia's Lomonosov Moscow State University, August 31, 2018: Saudi Aramco Upstream Technology Company (SAUTC), a Saudi Aramco company, has signed a MoU with Russia's Lomonosov Moscow State University (MSU) to promote cooperation in the area of joint research, primarily to explore oil & gas
Under the MOU, Saudi Aramco and MSU will conduct programs and projects to include developing new advanced materials applied in the oil and gas industry as well as methods and techniques for reservoir and oilfield data acquisition, analysis and computational modeling. The collaboration will also entail both parties organizing bilateral joint laboratories, symposia, workshops and conferences.  Read more...
Russia to Create an Ethereum-Based Transparent Market for Farmers, August 29, 2018: The Russian capital is looking to use Ethereum (ETH) in order to create a transparent system aimed at supporting trading activities within the farmers' markets. The government based in Moscow is seeking to develop an intelligent system that will be operated on the basis of the second largest cryptocurrency in the world by market cap, Ethereum. The network will be dedicated to farmers looking for commercial plots.  Read more...
Europe to become first export market for Russia's Aurus vehicles, August 31, 2018: Europe is likely to become the first export market for Russia's Aurus cars and first pre-orders have already been received, Franz Gerhard Hilget, CEO of the Russian car producer, told TASS.
"We have foreign pre-orders," Hilgert said but did not elaborate.
According to him, the car maker is now trying to complete certification in Europe so it is very likely that the first exports of Aurus cars will be to European countries.
"First step is to get the European type of approval because the European approval is accepted in many countries by 80%," he said.  Read more...
Russia, Finland increase Moscow-Helsinki frequencies, August 27, 2018: Russia and Finland aviation authorities have agreed to increase flight frequencies from 35X- to 42-X per week on the Moscow-Helsinki route. Currently, Aeroflot and Finnair operate the route, with both using Moscow Sheremetyevo in Moscow. Aeroflot LCC subsidiary Pobeda Airline starts Moscow Vnukovo-Helsinki Oct. 5 using Boeing 737-800s and will operate the additional Russian frequencies.  Read more...
Houston - Tyumen Sister Cities
University of Tyumen offers hi-tech housing to incoming students, August 29, 2018: The University of Tyumen opened a modern, comfortable and high-tech dormitory for both Russian and foreign students on August 28, its press service told TASS on Wednesday. "A record number of high school graduates - 2,800 in total - have enrolled in (our) university this year. Almost half of them come from other Russian cities and countries. We have students from the CIS, Africa, Southeast Asia, China and Latin America," the university's head, Valery Falkov, was quoted as saying. Read more...
CIS Business News
Uzbekistan, Russia intend to create wholesale distribution networks and hubs on border, August 28, 2018: Uzbekistan and Russia intend to create wholesale distribution networks and hubs in the border areas.
Uzbekistan and Russia plan to implement a project for establishment of wholesale distribution networks and transport and logistics hubs in the border areas of the two states, reported.
The move comes following the results of negotiations held in Tashkent between the Minister of Economic Development of Russia Maxim Oreshkin and Minister of Foreign Trade of Uzbekistan Jamshid Khodjaev.  Read more...
Development Of Economic Relations With Russia On Agenda Of Azerbaijan - OpEd, August 26, 2018 The economic growth rate in the first seven months of 2018 is slightly lower than the forecast of the Azerbaijani government, but its acceleration is expected in the second half of the year not only due to the opening of new enterprises, but also to the implementation of other necessary measures.  Read more...
Trade and economic directions of Kyrgyz-Russian co-op discussed in Bishkek, August 28, 2018: The "Trade and economic mechanisms and humanitarian directions of the Kyrgyz-Russian interregional cooperation" panel discussion has taken place in Bishkek, Kabar agency reported.
The event was attended by representatives of state bodies and the expert community of Kyrgyzstan.  The panel discussion covered such issues as analysis of existing programs, decisions and agreements at the level of the regions of Kyrgyzstan and Russia: the search for best practices, as well as potential areas of trade and economic cooperation of specific regions of Kyrgyzstan and Russia: agriculture, labor migration, investment.  Read more...
US-Russia Related News in Russian
Новости недели
Президенты Турции и Чехии поздравили Рустама Минниханова и всех татарстанцев с Днем республики, 30 августа 2018: П резидент Турции Реджеп Тайип Эрдоган направил Рустаму Минниханову поздравление по случаю Дня республики, который отмечается в Татарстане 30 августа. Об этом сообщает пресс-служба президента РТ.
«Искренне поздравляю Вас и братский народ Татарстана с праздником - Днем Республики, - говорится в тексте телеграммы. - Наши отношения с Татарстаном, опирающиеся на глубокие исторические и братские связи, в рамках заложенных основ продолжают развиваться во всех сферах сотрудничества. Желаю Вам и братскому народу Татарстана благосостояния и процветания». К поздравлениям присоединился глава МИД Турции Мевлют Чавашоглу, который недавно посетил Казань с рабочим визитом.  Читать далее...
Эксперты России и Китая обсудят в Москве сотрудничество двух стран в области инноваций, 28 августа, 2018: Ведущие российские и китайские венчурные предприниматели, инвесторы, представители министерств и ведомств двух стран, руководители компаний и инвестиционных фондов, а также эксперты обсудят развитие сотрудничества между Россией и Китаем в области инноваций в ходе III Российско-Китайского форума "Инвестиции в инновации", который пройдет в рамках Международного форума "Открытые инновации" в Москве. Об этом сообщает пресс-служба АО "Российская венчурная компания" (РВК).  Читать далее...
В Японии официально запустили тестовые поставки товаров в Россию по Транссибу, 29 августа, 2018: Церемония запуска пробных поставок японских товаров из Японии в Россию с использованием морского сообщения и Транссибирской железнодорожной магистрали состоялась в среду в портовой части города Иокогама. Об этом передает корреспондент ТАСС с места событий. Читать далее...
Россия. Экспорт пшеницы в 1,7 раза выше прошлогоднего уровня, 29 августа, 2018: Темпы экспорта зерна из России в новом сезоне остаются высокими, отмечают аналитики УкрАгроКонсалт. Так, согласно оперативным данным ФТС России, с начала 2018/19 МГ и по состоянию на 22 августа экспортировано 7,8 млн тонн зерновых культур (без учета экспорта в страны ЕАЭС), что на 42% выше, чем за аналогичный период прошлого сезона (5,5 млн тонн). Читать далее...
Экспорт российских лекарств вырос на 11%, 29 августа, 2018: Российские поставщики фармпродукции в первом полугодии продали за рубеж почти 19 тыс. т товара более чем на 20 млрд рублей. В физическом выражении это больше на 11%, а рублевом эквиваленте - на 8%, чем за тот же период годом ранее, следует из данных Федеральной таможенной службы (ФТС). Тенденция роста объема поставок фармтоваров за границу вписывается в общий тренд увеличения несырьевого экспорта, наблюдаемый в последние годы, и соответствует целям, поставленным президентом. Читать далее...
Внешнеторговый оборот России в I полугодии вырос почти на 22%, 28 августа, 2018: Внешнеторговый оборот России по итогам января - июня 2018 г. составил 328,7 млрд долл., прирост, как сообщает Министерство экономического развития РФ, составил 21,7% по отношению к аналогичному периоду 2017 г. При этом прирост экспорта составил 26,7% до 213,3 млрд долл., импорта -13,5% до 115,4 млрд долл. В общем объёме товарооборота доля экспорта по сравнению с январём - июнем 2017 г. увеличилась до 64,9% с 62,3%, при снижении доли импорта до 35,1% с 37,7%.  Читать далее...
Renault планирует экспорт новой модели Arkana из России в другие страны, 29 августа, 2018: Компания Renault, которая 29 августа на автосалоне в Москве провела мировую премьеру модели купе-кроссовера Arkana, планирует наладить поставки автомобиля с завода в Москве в другие страны.  «Модель обладает высоким экспортным потенциалом для поставок в страны ближнего и дальнего зарубежья. В дальнейшем новая модель будет представлена в других странах, где будет адаптирована под каждый конкретный рынок», - говорится в сообщении автопроизводителя. 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 .