No. 217

  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

*PLEASE NOTE: "Pay at the door" option will be available at:

USRCC Members -  $55/Non-Members - $110

Silver Sponsors


Bronze Sponsors

Raffle Sponsor

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 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
Weatherford releases well automation and control technology, May 2, 2019: Weatherford International plc has commercially released ForeSite® Edge, the next generation of well automation and control. ForeSite Edge significantly expands on the capabilities of a traditional controller by harnessing the power of the company's ForeSite production optimisation and CygNet® IoT/SCADA platforms. Together, these technologies introduce Production 4.0 intelligence to the wellsite, which increases uptime and profitability, boosts production autonomously and improves personal efficiency.  Read more...
China seeks Russian gas supplies beyond contract volume, Gazprom CEO says, April 28, 2019: China is showing interest in Russian gas supplies beyond the volume envisaged by a contract between Gazprom and the China National Petroleum Corporation (CNPC), the Russian energy giant's CEO Alexei Miller said in an interview with the program "Moscow. Kremlin. Putin" on Rossiya-1 TV channel. "Our Chinese partners are showing great interest in increasing the supplies beyond the volume, which we outlined in the 30-year contract," Miller said. In 2019, Gazprom plans to invest 147.53 bln rubles ($2.2 bln) in the Power of Siberia gas pipeline, which is designed to transport gas from East Siberia deposits to the domestic market and for export to China.  Read more...
Turkish Airlines looks to launch more flights to Africa, May 1, 2019: Africa remains a priority for national flag carrier Turkish Airlines (THY) as the airline continues to expand its horizons to all four corners of the world, a senior airline official told visiting journalists yesterday. The flag carrier flies to nearly 40 destinations in Africa, second only to Ethiopian Airlines and first in terms of cargo services, said Tuncay Eminoğlu."We give priority to Africa," he told members of the media from Ethiopia visiting Istanbul, Turkey's historic tourist attraction and commercial capital.  Read more...
The Week in Review
India-Russia must focus on high-tech sector to push trade volume to $ 30 bn by 2025: Study, May 2, 2019: India and Russia must focus on cooperation in high-tech sector to push the trade turnover to $30 billion, and mutual investments to $15 billion by 2025, says report of Finnish-Russian artificial intelligence (AI) and Industrial Internet of Things (IIoT) solutions firm ZYFRA. "Innovations should become a point of growth of Indo-Russian relations. We see significant potential for introduction AI-based solutions in such industries as metals and mining, oil and gas, chemicals" said Igor Bogachev, CEO of ZYFRA. "Cooperation between Russia and India in AI and IIoT go beyond buyer-seller relationship and will involve sharing best practices, knowledge and innovating jointly; we can work together in third countries as well."  Read more...
Budapest Reiterates Interest In Russian Gas Deliveries Via TurkStream Pipeline, May 2, 2019: Budapest is interested in considering alternative  gassupply routes  from the south, given the uncertainty surrounding the future of  Russian  gas transit via  Ukrainein light of the nearing expiry of the relevant contract between  Moscow and  Kiev, Hungarian Foreign Minister Peter Szijjarto said on Thursday in an apparent reference to the TurkStream pipeline that will carry  Russian natural  gas via the Black Sea. Read more...
Sakhalin Energy drafts design documents for third stage of Sakhalin-2 LNG project, April 30, 2019: Sakhalin Energy, the operator of Russia's first natural gas liquefaction project Sakhalin-2, has drafted design documents for the construction of the project's third stage, a spokesman with the company told TASS. "At present, Sakhalin Energy has completed the development of design documents for the construction of a third technological line for the LNG plant on Sakhalin," he said adding that "all works are being carried out within the time frame determined by the company's shareholders."  Read more...
Moscow aims to become a top three global startup venue by 2030, May 2, 2019: Moscow is moving up the global rankings for cities that welcome startups and aims to enter the top three by 2030, according to Alexey Parabuchev, general director of Moscow's Agency of Innovations, as cited by TASS. The Russian capital has already moved up from 14th to 10th place in the latest ranking of cities with the best ecosystems for startups, according to consultant StartupBlink. "Competition among the top 50 cities in the ranking is very tough, and the top 10 places are held by the strongest traditional leaders. Moscow is the only new city in the top 10 compared to the previous ranking compiled in November 2017, having overtaken Paris," Parabuchev told TASS.  Read more...
China Acquires 20 Percent Stake in Novatek's Latest Arctic LNG Project, April 29, 2019: Russia's largest private natural gas company, Novatek, secured vital funding for its Arctic LNG 2 plant. The project will be the company's second liquified natural gas (LNG) production facility in the Arctic following on the heels of the Yamal LNG plant. Construction began  earlier this spring on the Gydan Peninsula, just across the Ob delta from the Yamal LNG project on the Yamal peninsula.  Read more...
Russian Automaker AvtoVaz Makes First Profit in a Decade, May 2, 2019: Russia's largest carmaker AvtoVaz posted net profit of 5.86 billion rubles ($90.5 million) in 2018 - the company's first profit in a decade. The results for 2018 follow on from losses of 9.66 billion rubles under international financial reporting standards (IFRS) in 2017, the company said on April 30. While some carmakers in Russia have been hit hard by a deep dive in the market in 2015-2016, AvtoVaz, helped by its largest shareholder Renault, consolidated its market share and emerged on top from the crisis.  Read more...
Russian Startups Examine Growth Opportunities In Dubai Market, May 2, 2019: Dubai Startup  Hub recently participated in a roundtable in  Moscow meant to familiarise  Russian start-ups with Dubai's entrepreneurial ecosystem and growth opportunities it offers. Organised by the  Dubai  World Trade Centre and PROFEX, the roundtable provided valuable insights into Dubai's  business environment, the rising start-up sector, and the various accelerator and incubator programmes, initiatives, services and resources that are available.  Read more...
Floating nuclear plant to begin commercial operations in Russia, May 1, 2019: Russia's floating nuclear power unit (FPU) Akademik Lomonosov is now ready to start commercial operations in Russia, Rosatom State Atomic Energy Corporation has said, following a series of successful and comprehensive tests, including on its twin KLT-40 reactor system. The FPU - the first ship of its kind - to provide electricity to Russia's isolated Arctic region, is named Akademik Lomonosov in honour of the great progenitor of the country's modern contributions to the scientific world. According to Rosatom, the FPU's reactors, No.1 and No.2, were successfully brought up to 100% capacity on 31 March. "These tests confirmed the operational stability of the main and auxiliary equipment of the FPU, as well as the automatic process control systems," Rosatom said in a press statement.  Read more...
Etihad Airways adds 1 more daily flight between Abu Dhabi, Russia's Moscow Domodedovo, May 2, 2019: Etihad Airways has announced a new second daily flight between Abu Dhabi and Moscow's Domodedovo airport, which will operate seasonally between October 27 and May 10, 2020. The additional flight, operated by an Airbus A320, will provide more convenient travel options between the two capital cities as passengers can now choose between a daytime and evening departure from both Abu Dhabi and Moscow.  Read more...
Houston - Tyumen Sister Cities
Gazpromneft-Yamal and eDrilling partner to optimize Tyumen drilling operations, May 1, 2019: eDrilling has announced that it has signed a contract with Gazpromneft-Yamal, a Gazprom Neft subsidiary, for the use of eDrilling's software to optimize its drilling operations in the Tyumen region. "Our objective is to improve performance across the board through the use of new technologies and design solutions in the field." remarks Fedor A. Burkov, head of drilling support center, Gaspromneft-Yamal. "Using software that feature artificial intelligence, machine learning, and predictive analytics, will result in real efficiency and safety gains."  Read more...
Rostelecom expands fibre-optic network in Archangel, Tyumen, April 30, 2019: Russian national operator Rostelecom has expanded the coverage of its fibre-optic network in the Archangel and Tyumen regions.  The operator has covered 38 additional apartment houses in the town of Velsk in the Archangel region in April. In total 1,250 households have been covered with the PON network.  Read more...
CIS Business News
Azerbaijan's non-oil exports see significant growth, May 2, 2019: Azerbaijan's exports amounted to $4.5 billion in the first quarter of this year, showing a 34 percent increase ($1.1 billion) compared to the same period last year. In January-March 2019, exports in the non-oil sector increased by $59 million or 16.5 percent, amounting to $415 million, reads the export review by the Center for Analysis of Economic Reforms and Communication. Over the three months, Azerbaijan exported non-oil goods worth $115 million to Russia, $99 million to Turkey, $50 million to Georgia, $33.7 million to Switzerland and $12.7 million to Italy. Non-oil exports to Russia increased by 17 percent, to Turkey - by 2 percent, to Georgia - by 58 percent and to Italy - by 74 percent compared with the same period of 2018.  Read more...
Belarus, Uzbekistan set up joint dairy, May 2, 2019: The joint Belarus-Uzbekistan dairy company Zdravushka Tashkent has been registered in Tashkent Oblast, BelTA learned from the Belarusian embassy in Uzbekistan. On Belarus' behalf, the company was founded by Zdravushka Milk. "The joint project envisages the construction and equipment of a dairy farm for 1,000 head and a dairy plant with the total capacity of up to 50 tonnes of milk a day. The company will make only whole-milk products," the embassy said.  Read more...
Turkmenistan holds briefing on 1st Caspian Economic Forum in Uzbekistan, May 2, 2019: A briefing was organized in the Uzbek capital of Tashkent on the 1st Caspian Economic Forum, which will be held in the Caspian resort of Awaza, Turkmenistan on August 12,  Trendreports referring to the Turkmen Foreign Ministry. The event was attended by representatives of the Ministry of Foreign Affairs of Uzbekistan, along with representatives of the country's Ministry of Investment and Foreign Trade, the Ministry of Economy, the Ministry of Transport, and the Chamber of Commerce and Industry.  Read more...
US-Russia Related News in Russian
Новости недели
Объем добычи нефти в России вырос в апреле на 2,4% и достиг 45,975 млн тонн, 2 мая, 2019: Объемы добычи нефти в России в апреле выросли на 2,4% по отношению к аналогичному периоду прошлого года и достигли 45,975 млн т, следует из данных  Центрального диспетчерского управления топливно-энергетического комплекса (ЦДУ ТЭК). С начала года добыча выросла на 3,2% и достигла 185,186 млн т, передает  ТАСС.    Читать далее...
Начались работы по укладке «Северного потока-2» в русских водах, 2 мая, 2019: Заместитель начальника департамента внешнеэкономической деятельности русского монополиста  Газпром Дмитрий Хандога объявил о вероятных задержках окончания строительства газопровода Северный поток-2. Общая протяженность данного участка - около 114 км. Сто километров первой нити планируется уложить на протяжении месяца.  Читать далее...
«Спрос в Китае продолжает расти»: каковы перспективы сотрудничества Москвы и Пекина в энергетике, 28 апреля, 2019: Китай заинтересован в закупке российского газа сверх того объёма, что предусмотрен контрактом по газопроводу «Сила Сибири». Об этом заявил глава «Газпрома» Алексей Миллер. Он отметил, что при реализации всех запланированных проектов компания станет самым крупным поставщиком голубого топлива на китайском рынке. Ранее о желании Китая нарастить поставки сообщил президент РФ Владимир Путин. Он также подчеркнул готовность увеличить экспорт нефти.  Читать далее...
Россия открыла павильоны на Пекинской международной садоводческой выставке ЭКСПО-2019, 29 апреля, 2019: Россия открыла в понедельник для широкой общественности свои павильоны на Пекинской международной садоводческой выставке ЭКСПО-2019 - мероприятии с участием 86 стран и 24 международных организаций. В церемонии по этому случаю приняли участие генеральный комиссар российского участия, заместитель министра промышленности и торговли Алексей Груздев, посол РФ в Китае Андрей Денисов, исполнительный директор Пекинского бюро выставок Чжоу Цзяньпин.  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   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 .