No. 205

  USRCC Business Newsletter
USRCC Activities
We are very excited to announce that 2019 marks the USRCC's 10th anniversary!

The 10th Anniversary will be a year-long celebration commemorating the USRCC's 10 years of existence. Join us in celebration at our events and support us in continuing our mission! 

The 2019 events will feature high caliber speakers, bring together the most influential key business leaders, experts and decision makers, and will provide our members and stakeholders with the perfect educational and networking opportunities. The list of 2019 event is available  here.  

We are looking forward to another successful year! 

The USRCC invites Young Professionals 

HR Panel and Networking Event 
"Landing the Dream Entry-Level job"

Join us and learn from experienced HR professionals what counts in making that first or second step into a career.
  • What key experiences and competencies do you have to obtain in college and your first job/internship to land the first dream job?
  • What are the key tips for an individual to be recognized from the pool of candidates?
  • What is critical to include in the perfect CV; what are the things to never have on a CV?
  • What is the best way to find and apply for your first job: through the internet (Linkedin), through specific hiring events, networking events, graduate alumni?
  •  How can professionals from abroad on student or work visas find the dream long-term job and earn a chance to become residents?
These and other questions to be answered by the group of panel speakers at the event.


Director, Talent Acquisition & Organizational Development
National Oilwell Varco

R egional Human Resources Manager
Parker Drilling

Upstream Recruiting Advisor

Lauren Burke
SR HR Director for Chief Marketing and Technology Office and 
Chief Legal and Compliance Office
Baker Hughes, a  GE Company

Welcome Remarks by

Charles Gengler
Dean, Marilyn Davies College of Business,
University of Houston-Downtown

Director of Licensing, North America, Europe, CIS Regions
GTC Technology US
Young Professionals Committee Chair,
U.S.-Russia Chamber of Commerce

When: Thursday, February 21, 2019
6:00 PM - 8:00 PM

Where: University of Houston Downtown
Girard Street Welcome Center,
2nd floor,  
GSB 307 - Milam Room

201 Girard Street, Houston, TX 77002

Visitor Parking is available at: 201 Girard Street, Houston, TX 77002

USRCC Members - Free/Non-Members - $20

The USRCC Young Professionals events engage people between the ages of 21-40

USRCC Partner Event
The 54th Annual Petroushka Ball

Dear USRCC Members and Stakeholders,
The U.S. - Russia Chamber of Commerce is pleased to support an event hosted by one of our partner organizations.
Join the Russian Children's Welfare Society at The Plaza Hotel in New York on February 8th for the 54th Annual Petroushka Ball to benefit the RCWS charitable programs ( www.rcws.org ). 

Since its inception in 1965, the Petroushka Ball has been one of New York's most elegant charitable events attended by over 700 guests representing business, artistic and diplomatic spheres.

When: Friday, February 8, 2019
Where: The Plaza Hotel, Grand Ballroom
768 5th Ave, New York, NY 10019
Reception: 8:00 pm
Dinner & Performance: 9:00 pm
Dancing: 10:00 pm to 2 am
Dress Code: Strictly White or Black Tie, Long Ball Gowns   
   * Age Requirement: 21 years and older        
Special Guest Stars
Nadine Sierra, soprano       
Francesco Demuro, tenor
Appear by kind permission of the Metropolitan Opera

Music by
The Lester Lanin Orchestra
Barynya Balalaika Orchestra
To learn more and to order tickets please visit  http://www.rcws.org/events/join-us-at-the-54th-petroushka-ball

USRCC Partner Event

Women in Energy Luncheon
Join top industry executives to celebrate  Oil and Gas Investor's 25 Influential Women In  Energy   honorees at a gala luncheon,  February 12, 2019 . Network and dine with distinguished leaders who have risen to the top of their professions and achieved outstanding success in the oil and gas industry. Luncheon program is available  here.

When: February 12, 2019
11:00 am - 2:00 pm

Hilton Americas Houston
1600 Lamar Street, Houston, TX 77010

We are pleased to offer a special discount! Please use "RCOC25" code to get $25 off . 

USRCC's Booth at the Annual NAPE SUMMIT WEEK in Houston 

The annual NAPE Summit Week is an expo and networking event that brings together all the players necessary to forge, facilitate and close deals. In the upstream oil and gas business, it is the largest and most successful event of its kind in the world.

NAPE Summit Week is held February 11-15, 2019, in Houston, TX. This massive, week-long event offers prospects, producers and purchasers the unique chance to connect, reconnect and make deals. For those who seek to be successful in the upstream oil and gas business, NAPE Summit Week is the "must attend" event that has the potential to open up a myriad of opportunities. The oil and gas industry is fueled by deals. And NAPE is where deals happen:  http://napeexpo.com/summit/schedulehttp

February 11 - 15 2019

Stop by the USRCC Booth #4829

USRCC Trade Mission June 2019

Trade Mission to Moscow and St. Petersburg Economic Forum
June 2-8, 2019

The U.S.-Russia Chamber of Commerce (USRCC) invites you to participate in a Trade mission to the    St. Petersburg International Economic Forum. Participants will have an opportunity to meet Russian government officials and some of the most influential leaders in U.S.-Russia trade and investment relations. The USRCC will coordinate private meetings, an exclusive CEO Roundtable and introductions, in addition to attending the St. Petersburg International Economic Forum (SPEIF).

Participating companies will gain market insights, make industry contacts, solidify business strategies, find business partners, and advance specific projects with the goal of increasing U.S. trade and investment to Russia.

For more details about the Trade Mission please click here or 

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 
Members' News
Qatar and Exxon Mobil Plan $10 Billion Gas Investment in Texas

Nytimes.com, February 5, 2019: Qatar Petroleum and Exxon Mobil said on Tuesday that they are making a big investment in American natural gas exports. The deal is designed in part to strengthen Qatar's ties with the United States nearly two years after Saudi Arabia and its allies launched a trade embargo against the country. The companies said they would spend more than $10 billion to turn Golden Pass, a terminal in Texas originally built to import gas, into an export hub for gas extracted from shale fields in Texas, New Mexico and elsewhere.  Read more...
Lukoil increases gas production in Uzbekistan by 67 pct

Azernews.az, February 7, 2019: Russia's largest gas producer, Lukoil, produced 67 percent more gas in 2018 in Uzbekistan than in 2017. Thanks to the launch of new gas treatment facilities, the production of Kandym and Gissar projects in 2018 increased to 13.4 billion cubic meters, which is 67 percent more than in 2017, noted on the official website of the company. As the company notes, in 2018, Lukoil produced 33.5 billion cubic meters of gas, which is 16 percent more compared to the previous year. The main factor in the growth of gas production is the projects' development in Uzbekistan.  Read more...
The Week in Review
Russia's Nordgold to invest over $360m in Guinea mine by 2034

Mining.com, February 7, 2019: Russian miner Nordgold (LON:NORD)  has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines. The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine. Nordgold, which spun off of Russian steelmaker Severstal in 2012, acquired the mine in 2010 and has already invested over $1 billion in Guinea, according to  the statementRead more...
Russia-China Trade Up 24.5% To $108.3Bln In 2018 - Russian Customs Service

Urdupoint.com, February 7, 2019: Trade between  Russia  and  China  increased by 24.5 percent in  2018  and totaled $108.3  billion  compared to the year before, the  Russian   Federal  Customs Service said on Thursday. Russian exports  to  China  increased by 44. 1 percent and amounted to $56.06  billion , while  Russian  imports increased by 8.7 percent and totaled $52.2  billion Read more...
Yamal LNG marks 10M tonne milestone

lngworldshipping.com, February 5, 2019: One of the world's largest LNG export terminals, Novatek's Yamal LNG in the Russian arctic, reports it has shipped 10M tonnes of LNG since its first train opened on 5 December 2017. The cargo was loaded onto Arc7 ice-class tanker Vladimir Vize, one of 15 LNGCs chartered by Russia's Novatek to transport LNG across the Northern Sea Route to Asia in the summer and west to Europe all year long without the aid of an icebreaker.  Read more...
Russian Oil Export Revenues In 2018 Up 38% To $129Bln - Customs Agency

Hellenicshippingnews.com, February 7, 2019: Russia exported 260.2 million tonnes of oil worth $129 billion in 2018, up 38.2 percent from the year before, figures published by the Federal customs agency showed. Oil exports climbed 2.9 percent in 2018. Meanwhile, sales of petroleum products grew 1.1 percent, reaching 150 million tonnes, or an increase of 34.1 percent in value terms to $78.1 billion from 2017.  Read more...
CONCOR signs MoU with Russian rail company to jointly develop multimodal logistics services along INSTC route

Steelguru.com, February 7, 2019: The Container Corporation of India Ltd (CONCOR), a Navratna company under the Ministry of Railways and a market leader in container operations and multimodal logistics services in India, and JSC RZD Logistics (RZDL), a Russian rail company, have agreed to jointly develop multimodal logistics services along the International North South Transport Corridor (INSTC) route. JSC RZD Logistics is the biggest multimodal logistics operator in the CIS and Baltic countries, highlighted a release.  Read more...
Russian Oil Export Revenues In 2018 Up 38% To $129Bln - Customs Agency

Pakistanpoint.com, February 6, 2019: Russia exported 260.2  milliontonnes of  oil worth $129  billion in  2018, up 38.2 percent  from the year before, figures published on Wednesday by the  Federal customs agency showed. Oil  exports climbed almost 2.9 percent in  2018. Meanwhile, sales of petroleum products grew 1.1 percent, reaching 150  million tonnes, or an increase of 34.1 percent in value terms to $78.1  billion  from  2017Read more...
South Korea hikes Russian thermal coal imports

Argusmedia.com, February 5, 2019: South Korea's imports of Russian thermal coal rose by 12pc on the year to 20.9mn t last year, customs data show. Importers prioritised Russian coal with low-sulphur content as the aimed to cut emissions. And thermal coal imports from Russia are expected to keep rising this year, with Seoul to keep tight limits on coal sulphur content, market participants say. Imports of Russian thermal coal rose particularly sharply in August-November, when receipts of low-sulphur material grew after the limits on high-sulphur imports came into effect. Russian coal normally has a sulphur content of up to 1pc.  Read more...
Mongolia-Russia trade up almost 40 pct in 2018

Xinhuanet.com, February 5, 2019: Trade turnover between Mongolia and Russia in 2018 rose by 39.8 percent year-on-year, reaching 1.8 billion U.S. dollars, the Mongolian Customs General Administration said Tuesday. The agency said that Mongolia managed to increase the supply of agricultural and mineral products to Russia, which was part of the reason for the increase in bilateral trade.  Read more...
Houston - Tyumen Sister Cities
CIS Business News
Russia, Turkmenistan exploring opportunities for co-op in energy field

En.trend.az, February 6, 2019: Russian Foreign Minister Sergey Lavrov said on Feb. 6 following the talks in Ashgabat with Turkmen President Gurbanguly Berdimuhamedov that issues of cooperation between the two countries in the oil and gas sector will be discussed at a meeting of the intergovernmental commission, Trend reports with reference to the Russian Foreign Ministry. Russian representatives who manage the intergovernmental commission on trade and economic cooperation will be engaged in bilateral interaction in the oil and gas sphere, Lavrov noted.  Read more...
Russian minister of economic development to visit Azerbaijan

Azernews.az, February 7, 2019: Russian Economic Development Minister Maxim Oreshkin will visit Azerbaijan on February 8, the Azerbaijani Ministry of Economy told Trend. During the visit, the Azerbaijani and Russian delegations will review the reconstruction of the Yarag-Kazmalar checkpoint, the Samur checkpoint, as well as the construction of an automobile bridge across the Samur river. "These projects are important for realization of Azerbaijan's transport and transit potential, as well as the creation of favorable conditions for further expansion of cooperation and trade between the two countries," the Azerbaijani Ministry of Economy said.  Read more...
Belarus named Russia's fourth largest trading partner in 2018

Eng.belta.by, February 6, 2019: Belarus remains Russia's fourth largest trading partner in the world and first in the CIS, read the statistical data on Russian foreign trade in 2018 released by the Russian Federal Customs Service, BelTA has learned. According to the Russian Federal Customs Service, the Belarusian-Russian trade totaled $35,686.2 billion in 2018, which was up 10.8% as against 2017.  Read more...
US-Russia Related News in Russian
Новости недели
Россия и Греция обсудили сотрудничество в логистике 

News.rambler.ru, 6 Февраля, 2019: Страны решили вопросы в области торгового судоходства. Также стороны затронули и взаимное сотрудничество на международных площадках. Основное внимание на переговорах было уделено процедурам государственного портового контроля. Представители Греции предложили российским компаниям сотрудничество в области инвестиций в морскую инфраструктуру. Наши предприниматели могут инвестировать и в развитие портового сектора европейской страны. Кроме того, делегации России и Греции отметили важность развития связей в области морского образования. К слову, соответствующий межведомственный меморандум страны заключили в конце прошлого года. Наша страна выступила с инициативой обмена преподавателей и курсантов. Если это предложение будет одобрено, то российские кадеты и курсанты смогут проходить практику на греческих судах. Читать далее...
Экспорт российского софта превысил $10 млрд в 2018 году 

Rusexporter.ru, 7 февраля, 2019: Объем зарубежных продаж российского ПО и услуг по его разработке в 2018 г. составил примерно $10,5 млрд. с приростом в 19% по сравнению с предыдущим годом. По данным некоммерческого партнерства «Руссофт», показатель включает и выручку, которая остается за рубежом; она может, в частности, идти на развитие зарубежных офисов и маркетинг.  Читать далее...
Доходы России от экспорта нефти в 2018 г. выросли на 38%, от газа - на 28,8%

Neftegaz.ru, 6 февраля, 2019: Доходы России от экспорта нефти в 2018 г. выросли на 38,2% в годовом сравнении ( YoY) и составили 129,05 млрд долл США. Эти данные приведены в статистике Федеральной таможенной службы ( ФТС), опубликованной 6 февраля 2019 г. Общий объем экспорта нефти за 2018 г. вырос на 2,9% - до 260,2 млн т. В декабре 2018 г. Россия увеличила экспорт нефти на 1,2% по сравнению с ноябрем 2018 г. - до 23,4 млн т. Доходы снизились на 10,7% - до 10,55 млрд долл США.  Читать далее...
Россия к 2024 году более чем в 2 раза увеличит экспорт сладостей

Finmarket.ru, 4 февраля, 2019: Россия к 2024 году увеличит экспорт кондитерских изделий по сравнению с 2018 годом более чем в 2 раза - до $2,4 млрд, прогнозируют в Минсельхозе.Перспективы поставок сладостей были обсуждены на совещании, в котором приняли участие ведущие производители и отраслевые союзы, сообщает министерство. На нем было отмечено, что отечественная кондитерская промышленность демонстрирует устойчивые темпы роста. В прошлом году экспорт превысил $1,1 млрд против $1 млрд в 2017 году. К 2024 году объем поставок планируется довести до $2,4 млрд за счет увеличения экспорта крупнейшими представителями отрасли, сообщает Минсельхоз.  Читать далее...
Меры поддержки инвесторов в Татарстане способствуют открытию новых объектов

Tida.tatarstan.ru, 4 февраля, 2019: В Казани состоялось торжественное открытие объекта с предоставленной арендой земли без торгов по распоряжению Президента Республики Татарстан Рустама Минниханова. С 2016 года в Республике Татарстан для размещения объектов социально-культурного, коммунально-бытового назначения, а также для реализации масштабных инвестиционных проектов предоставляются земельные участки в аренду без торгов. Это отражено в Статье 33.3 Земельного кодекса Республики Татарстан. Уполномоченным органом, осуществляющим прием и рассмотрение документов, является Агентство инвестиционного развития Татарстана.  Читать далее...

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 info@usrussiacc.org   call 713.429.4680
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 .