No. 184

  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

Please note: Refunds will not be issued after September the 14th, 2018

Blockchain in Oil & GAS Conference

The Conference will focus on new use cases across industry verticals, specifically for oil and gas, supply chain, IoT, operational science and logistics management professionals.

More information is available here:  BLOCKCHAIN IN OIL AND GAS Conference 2018

Two days of top-level content from leading oil and gas companies embracing and developing cutting edge blockchain technologies!

The conference agenda will present a series of expert keynotes, interactive panel discussions and industry case studies. The event agenda is available here.

September 20th - 21st, 2018

Hilton Americas Houston
Ballroom of Americas, 2nd Floor, D-F
1600 Lamar Street, Houston, TX 77010


We are pleased to offer a special   20% discount to all the USRCC members! For more information, please contact us at

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
Shell's plans to build cracker plant gets boost from FERC rate approval, September 10, 2018: Shell's plans to build a world-class ethane cracker in western Pennsylvania took a step forward Friday with the approval by the US Federal Energy Regulatory Commission of rate structures for the company's proposed Falcon Ethane Pipeline system.The approval allows Shell to move forward in its plans to build the 97-mile pipeline designed to carry ethane extracted from Marcellus and Utica gas produced in Pennsylvania, West Virginia and Ohio.
Lukoil To Spend Over $1B On Share Buybacks By End-2019, September 7, 2018: Russia's second-largest oil producer Lukoil will spend more than US$1 billion on share buybacks by the end of 2019, as part of its recently announced US$3-billion buyback program, the company's first vice president for finance Alexander Matytsyn said on Friday.
The buybacks as part of the program, which Lukoil announced last week, will begin as early as this month, Russian media quoted Matytsyn as saying today. Lukoil has picked Citi to handle the buybacks, the manager added.  Read more...
Russia's Gazprom Neft says it raises reserves of offshore Neptun oilfield, Spetember, 10, 2018: Gazprom Neft , the oil arm of Russian gas giant Gazprom said on Tuesday that a state subsoil commission has increased the oil reserves valuation of eastern offshore oilfield Neptun to almost 416 million tonnes from the initial estimates.
Neptun, located near the Sakhalin island in the Pacific Ocean, was Gazprom Neft's largest
oil discovery last year. The company said reserves had been raised by 1.6 times the previous estimate. Read more...
The Week in Review
Alibaba goes big on Russia with joint venture focused on gaming, shopping and more, September 11, 2018: Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture valued at around $2 billion with one of the country's leading internet companies.  Russia is said to have over 70 million internet users, around half of its population, with countless more attracted from Russian-speaking neighboring countries. The numbers are projected to rise as, like in many parts of the world, the growth of smartphones brings more people online. Now Alibaba is moving in to ensure it is well placed to take advantage.  Read more...
France Wants to Further Develop Economic Cooperation With Russia - Ambassador, September 13, 2018: France wants to further develop economic cooperation with Russia, French Ambassador to Russia Sylvie Bermann told reporters adding that French President aimed to intensify Russia-EU ties. "We have made the second biggest investments [among EU countries] in the Russian economy in 2017. France is also one of the biggest employers in Russia. The trade between Russia and France is highly dynamic, it increased by 26 percent ... We want to further develop our cooperation," Bermann said on the sidelines of the Eastern Economic Forum (EEF).  Read more...
Russia and China are looking at launching joint projects worth more than $100 billion, September 10, 2018: A group composed of Russian and Chinese businesses is considering 73 joint investment projects cumulatively worth more than $100 billion, according to a Tuesday statement. The announcement said seven projects worth a total of $4.6 billion had already been implemented as a result of work by the China-Russia group.  Read more...
Expanding the Range of Possibilities: Eastern Economic Forum kicks off in Vladivostok, September 11, 2018: The 4th Eastern Economic Forum (EEF), which kicks off in Vladivostok on Tuesday, promises to become the most representative one in comparison with the previous events in terms of the line ups and level of delegations. The forum will be held on September 11-13.
The forum's key event, a plenary session "The Far East: Expanding the Range of Possibilities," will be attended by the heads of five states and governments: Russia's President Vladimir Putin, China's President Xi Jinping, President of Mongolia Khaltmaagiin Battulga, Prime Minister of Japan Shinzo Abe and Prime Minister of South Korea Lee Nak-yeon.  Read more...
Russia's Aeroflot orders further 100 Russia-made planes, September 11, 2018: Russia's Aeroflot has agreed to order a further 100 Sukhoi Superjet 100 (SSJ 100) planes, representing the biggest deal in the company's contemporary history, it said on Monday.  The deal could be worth more than US$3 billion and falls under the Russian flagship carrier's new strategy to focus on regional routes, the Vedomosti business daily reported on Monday.  Aeroflot, which is controlled by the state, said last month it would focus its 2023 strategy on launching new regional bases and hubs, as well as on increasing the proportion of Russian aircraft in its fleet.  Read more...
India, Russia discuss ways to deepen cooperation in mining, agriculture, September 11, 2018: India and Russia discussed ways to increase economic cooperation in areas such as mining and geological exploration in gold and diamond, and agriculture, the commerce ministry said Tuesday.  The issues were discussed during the meeting between Russian Deputy Prime Minister Yury Trutnev and Commerce Minister Suresh Prabhu.  Read more...
Tokyo supports participation of Japan's companies in LNG projects with Russia - minister, September 9, 2018: Companies from Japan are proactively discussing participation in liquefied natural gas (LNG) projects with the Russian side, including in the Arctic Region and Kamchatka, and the government of Japan is ready to support participation in them, Japanese Economy, Trade and Industry Minister Hiroshige Seko said in an interview with TASS in the run-up to the 4th Eastern Economic Forum in Vladivostok.  Read more...
Russia's largest petrochemicals firm says its IPO plans could go ahead next year , September 11, 2018: The CEO of Sibur, the largest petrochemicals company in  Russia and  Eastern Europe, on Tuesday said the second quarter of 2019 may be "a good moment" to go ahead with an initial public offering. The company is in the midst of building its largest-ever expansion project, western Siberia petrochemical complex ZapSibNefteKhim, said Sibur Chief Executive Officer Dmitry Konov. The facility is expected to be completed in the second quarter of next year, which then opens the door for further discussions on listing the company's shares, he noted.  Read more...
Russia plans to launch four industrial zones abroad in 6 years, September 12, 2018 : Russia's Export Development Plan envisages the launch of four industrial zones abroad in six years, Industry and Trade Minister Denis Manturov told reporters on the sidelines of the Eastern Economic Forum.  This is in addition to the industrial zone in Egypt, he noted.  "We are developing a program for the creation of industrial zones abroad. We should establish at least four zones in six years. We have one in Egypt, and we must form them in Latin America too - it could be Mexico, Uruguay or Paraguay, in Southeast Asia - Vietnam, Malaysia or Indonesia - and in eastern or western Africa. We will analyze where it will be advantageous," the minister said.  Read more...
Houston - Tyumen Sister Cities
Siberia to get unique scientific and research center, September 7, 2018: The council of heads of the Tyumen region's universities and institutes has proposed creating a unique inter-regional scientific and research center in western Siberia as part of the national project "Science", the department of strategic communications of the University of Tyumen said on Friday.
"Everyone understands that no matter how strong a university is, it cannot get the status of a scientific and research center outlined in the presidential decree," said Valery Falkov, the head of the University of Tyumen and the council's chairman.  Read more...
CIS Business News
Russia and Kazakhstan plan to create SEZ within Baikonur, September 11, 2018: The possibility to create a special economic zone on the territory of the Baikonur complex was discussed in Astana during the meeting of Chairman of the Board of Kazakh Invest Saparbek Tuyakbayev and RussianExtraordinary and Plenipotentiary Ambassador to Kazakhstan Aleksey Borodavkin, reports with a reference to a press service of the company. The meeting was also attended by trade representative of the Russian Federation to Kazakhstan Alexander Yakovlev.  Read more...
CIS Economic Council to consider draft agreement on space cooperation, September 11, 2018:The draft agreement on joint activities of the CIS member states in exploration and use of outer space for peaceful purposes will be considered at a meeting of the CIS Economic Council due in Moscow on 14 September. It will be hosted by the Cosmonautics and Aviation pavilion at the Exhibition of Achievements of National Economy (VDNH), BelTA learned from the press service of the CIS Executive Committee. The agenda of the meeting includes the issues related to various areas of the economic cooperation in the CIS.  Read more...
Kazakhstan and Russia to kick off youth business incubator, September 13, 2018: As stated at the CIS Youth Forum underway in Almaty, Kazakhstan and Russia will jointly launch a youth business incubator by the yearend. Representatives of the state bodies for youth policy, leaders of youth organizations, and young specialists in various spheres from CIS member nations, namely, Kazakhstan, Russia, Kyrgyzstan, Uzbekistan, Belarus, Azerbaijan and Armenia are taking part in the forum.  Read more...
Uzbekistan, Russia discuss co-op in production of medicine, September 10, 2018: The head of the Agency for Development of the Pharmaceutical Industry under the Ministry of Health of the Republic of Uzbekistan Aziz Abdullayev held a meeting with Russian pharmaceutical manufacturers in Moscow, UzDaily reported. Representatives of Sotex, Nanolek, Valenta Farm, Dalhimfarm and others took part in this meeting. During the meeting, Russian companies received information about the pharmaceutical industry in Uzbekistan and preferences that are provided to local producers.  Read more...
US-Russia Related News in Russian
Новости недели
Россия увеличила экспорт алюминия, 9 сентября, 2018: Согласно данным Федеральной таможенной службы РФ (ФТС), экспорт Россией алюминия в январе-июле т.г. вырос в стоимостном выражении на 28,4%, до $3,183 млрд. Экспорт алюминия в натуральном выражении увеличился в сравнении с аналогичным периодом прошлого года на 12,7%, до 1,75 млн тонн.  Читать далее...
Компания eBay оценила потенциал роста экспорта в электронной торговле РФ в 25 раз, 11 сентября, 2018: Россия имеет потенциал увеличения экспорта в сфере электронной торговли в 25 раз, считает генеральный директор eBay в России, Восточной Европе и Африке Илья Кретов. Об этом он сказал, выступая на Восточном экономическом форуме (ВЭФ). Сейчас экспорт в этой сфере составляет $400 млн в год, однако потенциально цифра могла бы достичь $10 млрд.  Читать далее...
Экспорт сельхозпродукции с Дальнего Востока в 2018 году может составить $3,3 млрд, 11 сентября, 2018: Регионы Дальнего Востока по итогам 2018 года могут экспортировать продукции сельского хозяйства на $3,3 млрд. Об этом сообщил журналистам в кулуарах Восточного экономического форума министр сельского хозяйства РФ Дмитрий Патрушев. "В I полугодии 2018 года поставки из Дальневосточного федерального округа увеличились в стоимостном выражении почти на 30% или на $350 млн по сравнению с аналогичным периодом прошлого года. Общая сумма экспорта превысила $1,6 млрд, а по итогам года, по нашей оценке, она составит $3,3 млрд", - сказал Патрушев.  Читать далее...
Первые итоги Восточного экономического форума: 175 проектов на 2,9 триллиона рублей,13 сентября, 2018: Сто семьдесят пять проектов на 2,9 трлн рублей подписано на ВЭФ-2018, сообщил журналистам на итоговой пресс-конференции полпред президента России в Дальневосточном Федеральном Округе Юрий Трутнев, передает  РИА Новости. "Это промежуточные результаты... В рамках форума прошло более 100 деловых мероприятий,... приняло участие 6002 делегата. Самая многочисленная делегация КНР, Северную Корею представляло 12 человек... На сегодня подписано 175 соглашений на 2,9 триллиона руб", - сказал Трутнев.  Читать далее..., 10 сентября, 2018: В ближайшие 5-20 лет Россия сделает ставку в сфере технологий прежде всего на компактные источники энергии, компьютерное моделирование и 3D печать, заявил пресс-секретарь и спецпредставитель по цифровому развитию российского президента Дмитрий Песков.  Читать далее...
Разработки компаний "Сколково" для туриндустрии признаны лучшими в России,10 сентября, 2018: Разработки компаний фонда "Сколково" в области туристического бизнеса, в том числе применение искусственного интеллекта в коммуникации с клиентами, создание виртуального музея и браслеты для туристов с медицинскими данными, признаны лучшими на всероссийском конкурсе. Об этом в понедельник сообщает пресс-служба фонда. 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 .