No. 214

  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 10th Annual Welcome Reception Honoring Delegations from 
Russia, Kazakhstan and Azerbaijan
to the Offshore Technology Conference (OTC 2019) 

Join the USRCC to celebrate our  10th Annual OTC Reception - o ne of our largest annual events that is attended by oil and gas industry leaders and government officials from around the world. 

The Offshore Technology Conference  i s the largest oil and gas sector trade show in the world. This conference provides energy professionals the opportunity to meet and exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.

Tuesday, May 7, 2019,  6:00 pm - 9:00 pm
Hotel ZAZA,  Fountain Room
5701 Main Street,  Houston, TX 77005 

USRCC Members - 
$50 /
Non-Members -  $100
*Please note: Refunds will not be issued 
after May 5, 2019

Silver Sponsors


Bronze Sponsors


Event Partners


For sponsorship opportunities please contact:

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

The USRCC invites Young Professionals 
to join us 

at the

3rd Annual Senior Executive Knowledge Sharing Series


H. Daniel Hogan

General Manager
LUKOIL International Upstream West

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

Mr. Hogan has more than thirty-six years of Operations and Executive experience. His career started in Kingsville, Texas where he spent sixteen years with Exxon Company International in various supervisory roles. 
He then worked two years with ENI/Agip Petroleum as Operations Manager and VP of Well Operations, nine years with Devon Energy Corporation as the International Operations Manager and VP of International Well Engineering, and one year with HRT America as Vice President of Drilling. 

As one of the founding Executives of PanAtlantic Exploration Company, Mr. Hogan originally served as Sr. Vice President - Operations with responsibility for global drilling, completion and production activity, HS&E, contracts / procurement and operations geology.  In March 2016, Mr. Hogan was promoted to Chief Operating Officer in addition to assuming the responsibilities of President and Chief Executive Officer. 

In April 2017, Mr. Hogan became General Manager and CEO of Lukoil International Upstream West in Houston, Texas. He has worked on six of seven continents in countries including Australia, Bolivia, Brazil, Chad, Ghana, Malaysia, Thailand and Trinidad.

Thursday, May 23, 2019
6:00 pm - 8:00 pm

Where: University of Houston-Downtown
Marilyn Davies College of Business 
Room B-119, 1st Floor
320 N. Main Street, Houston, TX 77002
USRCC Members - free | Non-Members -  $20

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 Partner Event: Speed Mentoring
USRCC Partner Event:  21st Annual Jesse H. Jones Award Luncheon

The   World Affairs Council is proud to honor Chevron's Jeff Shellebarger as its 2019 International Citizen of the Year  at the Annual Jesse Jones Award . The Council is equally honored to host  international leaders such as   Ambassador Thomas Pickering, former U.S. Under Secretary of State for Political Affairs , who will deliver the keynote address  and  Ambassador Chase Untermeyer,   as the moderator .   Mayor Sylvester Turner  will be in attendance representing the City of Houston. 

For more information on the  Jones Award, click here.

To RSVP or purchase a table for you or your organization , or to get additional information, 
please call or email Sandija Bayot at 713-522-7811 or sbayot@wachouston.org.
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
Exxon Mobil leads oil and gas discoveries in 2019

Chron.com, April 9, 2019: A trio of offshore discoveries made by Exxon Mobil has set up 2019 to be the biggest year for new finds since the last oil price collapse in 2014. With discoveries made offshore of Cyprus in the Eastern Mediterranean and off of Guyana in South America, Exxon Mobil alone accounts for nearly 40 percent of the new oil and gas gains found in the first quarter of the year, according to a new report from the Norwegian research firm Rystad Energy.   Read more...
Turkish Airlines launches flights to Sharjah, UAE

Aa.com.tr, April 11, 2019: Turkey's national flag carrier started flights to Sharjah, among top tourism centers of United Arab Emirates (UAE), Turkish Airlines announced on Thursday. "As Turkish Airlines' third flight destination in the UAE after Abu Dhabi and Dubai, flights to Sharjah will be conducted on the Istanbul-Sharjah-Istanbul route," the airline said in a statement. The company noted that "modern but old, crowded but peaceful" Sharjah -- selected as the Cultural Capital of Arab World in 1998 -- attracts the visitors with its rich history, culture and economy.   Read more...
The Week in Review
Russia expands LNG operations in Arctic

Worldoil.com, April 8, 2019: Almost 1,500 mi from Moscow, the tiny port of Sabetta nestles in a desolate Russian Arctic peninsula. A former outpost for Soviet geologists, it's now the site of Russia's most ambitious liquefied natural gas project, operated by a company that only entered the market just over a year ago. Several times a week, a giant tanker leaves this remote place carrying the super-chilled fuel to buyers in Europe and Asia. It's not the only LNG plant beyond the Arctic Circle, but it's by far the largest. Novatek PJSC, the main shareholder of the Yamal LNG plant, says plans for further projects will transform Russia into one of the biggest exporters of the fuel within a decade.  Read more...
Omani-Russian Trade Increased By 61% In 2018 - Omani State Council Head

Urdupoint.com, April 10, 2019: Trade between  Oman and  Russia increased by 61 percent in  2018 compared to the previous year, Yahya bin Mahfoodh Al-Manthri, the president of  Oman's state council, said on Wednesday. "In  2018, trade between the two countries increased by 61 percent compared to the  same period in  2017. Also, there has been an increase in the amount of times top-level officials  from both nations have visited the other country for the purpose of finding new opportunities and projects in the fields of investment, energy, natural resources and  agriculture," Al-Manthri, who is in  Russia on a working  visit, said.   Read more...
Turkey aims to boost trade with Russia to $100 billion

Rt.com, April 9, 2019: Turkish President Recep Erdogan has set an ambitious goal for bilateral trade with Russia, saying he wants to boost it to $100 billion, nearly four times more than the current trade volume between the two countries. Last year's $26 billion in trade turnover does not reflect the cooperation potential between Russia and Turkey, Erdogan said during the meeting with Russian President Vladimir Putin in Moscow on Monday. Ankara is making "every effort" to ease trade ties with Moscow and is therefore going to provide exemptions for Russian entrepreneurs, said the Turkish president.  Read more...
Zimbabwe, Russia Sign $4 Billion Platinum Mine Deal

Investing.com, April 10, 2019: Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalizing a deal that's stalled since 2014. A deal to develop a new platinum-group metals mine on a prospect held by Great Dyke Investment, a company jointly owned by a Russian state-controlled company and Zimbabwe's government has been sealed, Polite Kambamura, the nation's deputy mines minister said.  Read more...
Expert: Russian-Chinese scientific studies to favor Northern Sea Route development

Tass.com, April 11. 2019: Organization of the Chinese-Russian Arctic Studies Center will favor development of the Northern Sea Route (NSR), Russia's First Deputy Minister of Science and Higher Education Grigory Trubnikov told TASS on sidelines of the Arctic forum in St. Petersburg on Wednesday. On April 10, at the international Arctic forum, the Russian Academy of Sciences' Institute for Ocean Studies and China's National Laboratory for Marine Science and Technology in Qingdao (QNLM) agreed to organize the Russian-Chinese Arctic Studies Center for joint research in the Arctic.  Read more...
Al Khater meets Chairman of Qatari-Russian Business Council

Thepeninsulaqatar.com, April 11, 2019: Sultan bin Rashid Al Khater, Undersecretary of the Ministry of Commerce and Industry, has met with Ahmed Blancoev, Chairman of the Qatari-Russian Business Council, on the sidelines of the 12th session of the Russian-Arab Business Council, and the 4th international exhibition" ARABIA-EXPO", in Moscow, Russia. The meeting was attended by Fahd bin Mohammed Al-Attiyah, Qatar's Ambassador to Moscow and Mohammed Ahmed Al Obaidli, representative of the Qatar Chamber.  Read more...
Major Russian Gas Producer Novatek Mulls Building 3rd LNG Plant - CEO

Sputniknews.com, April 10, 2019: Novatek may launch the first train at its third LNG plant a year after the full launch of Arctic LNG 2 project, company's CEO Leonid Mikhelson said Tuesday. "First of all, the Arctic LNG 2 will be fully launched. And I think that as early as a year after we will launch the next one [LNG plant]", Mikhelson said on the sidelines of the 5th International Arctic Forum in St. Petersburg. According to Mikhelson, the exact dates will depend on the construction schedule of the platforms on the Novatek-Murmansk project. Approximately, it will take 1.5 years to build one platform, and as soon as one of the dry docks is released, the next construction begins on it.  Read more...
Turkey, Russia create 900 million euro investment fund

Hurriyetdailynews.com, April 9, 2019: The Russian Direct  Investment  Fund (RDIF),  Russia's sovereign wealth fund, and  Turkey Wealth  Fund (TWF) announced the creation and launch of the  Russia- Turkey  Investment Fund during Turkish President Recep Tayyip Erdoğan's visit to Moscow on April 8. "At the initial stage the investments in the funds' projects will amount to 200 million euros. The total size of the  Russia  Turkey  Investment  Fund is 900 million euros," the RDIF said in a statement, adding that the corresponding agreement was signed in the presence of Erdoğan and Russian President Vladimir Putin.  Read more...
CIS Business News
Uzbekistan to open trading house in Russia

Azernews.az, April 11, 2019: The Uzbek-Russian projects in the trade and economic sphere and the strengthening of cooperation between the regions of the two countries give reason to believe about a breakthrough, an unprecedented rise of relations between Uzbekistan and Russia. The Embassy of Uzbekistan in Russia together with the Namangan-based company Dilrabo SDA is working on the issue of opening a trading house in the Samara region. The Trade House is expected to launch its activities in 2020.   Read more...
Power Experts from Armenia, Russia, Iran and Georgia to Consider Electricity Corridor

Mirrorspectator.com, April 11, 2019: Power engineering experts from Armenia, Russia, Iran and Georgia are scheduled to convene in Tehran to discuss the creation of the North-South electricity corridor, Rima Yeganyan, a spokeswoman for Armenia's  Ministry of Energy Infrastructures and Natural Resources, told ARKA news agency on April 9. She said the gathering in Tehran is scheduled for April 15-17. It will bring together experts who will look into the technical aspects of  the construction of the North-South electric corridor.   Read more...
Azerbaijan to supply building materials to Russia, Brazil

Azernews.az, April 11, 2019: A number of Azerbaijani companies have agreed to export their products in the framework of the exhibition MosBuild 2019. Azerbaijani products have been demonstrated at the international construction exhibition MosBuild 2019 held in Russian capital Moscow on April 2-5, with the support of the Ministry of Economy, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO). The country was represented by 10 companies engaged in production of construction and building materials at "Made in Azerbaijan" single stand.  Read more...
US-Russia Related News in Russian
Новости недели
Доходы России от экспорта СПГ за два месяца выросли вдвое

Eadaily.com, 8 апреля, 2019: Доходы России от экспорта сжиженного природного газа (СПГ) за январь-февраль увеличились более чем вдвое по сравнению с аналогичным периодом прошлого года, достигнув $ 1,44 млрд. Экспорт СПГ за первые два месяца 2019 года возрос на 81% - до 9,1 млн кубометров, сообщается в материалах Федеральной таможенной службы (ФТС). При этом доходы от экспорта природного газа выросли на 14,9% - до $ 9,17 млрд, а экспорт природного газа сократился на 2,7% - до 38,5 млрд кубометров.  Читать далее...
ОПЕК ожидает роста добычи нефти в России в 2019 году на 1,7%

Rns.online, 10 апреля, 2019: ОПЕК прогнозирует увеличение добычи нефти в России в 2019 году до 11,54 млн баррелей в сутки, следует из ежемесячного доклада организации. В предыдущем докладе картель прогнозировал добычу нефти в России в 2019 году на уровне 11,49 млн баррелей в сутки. Таким образом, прогноз скорректирован на 50 тыс. баррелей в сторону повышения. Согласно докладу ОПЕК, добыча нефти в России в 2018 году составила 11,35 млн баррелей в сутки. Таким образом, добыча нефти в стране в 2019 году может возрасти на 190 тыс. баррелей в сутки, или на 1,7%.  Читать далее...
Газопровод «Северный поток - 2» построили на 40%

Russian.rt.com, 9 апреля, 2019: Газопровод «Северный поток - 2» построен на 40%, по дну Балтийского моря уложено 978 км труб. Об этом заявили в пресс-службе «Газпрома».  Как  передаёт РИА Новости, в Санкт-Петербурге в рамках форума «Арктика - территория диалога» состоялась встреча председателя правления «Газпрома» Алексея Миллера и посла Франции в России Сильви Берманн. «Отдельное внимание на встрече было уделено ходу реализации проекта «Северный поток - 2». Отмечено, что к настоящему времени по дну Балтийского моря уложено 978 км труб - 40% от общей протяжённости газопровода», - говорится в сообщении.  Читать далее...
Татарстан войдет в список самых успешных регионов России с экономической точки зрения

Rt-online.ru, 12 апреля, 2019: Татарстан войдет в список самых успешных регионов России с экономической точки зрения  в 2019-2020 годах. Исследование провело известное рейтинговое агентство.Также в списке лидеров Ханты-Мансийский автономный округ и Башкирия. Отмечается, что реальные доходы в большинстве регионов снизились, но в добывающих регионах инвестиции остались высокими. Это будет способствовать росту экономики. Разница в экономическом благосостоянии влечет миграцию населения из одних регионов в другие. Так, области с несырьевой экономикой теряют около 1% населения в год за счет миграции.  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 .