No. 218

  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)

On May 7th, 2019, the USRCC held its 10th Annual Reception Honoring Delegations from Russia, Kazakhstan and Azerbaijan to the Offshore Technology Conference at Hotel ZAZA, Houston, TX.  

This year the reception was attended by about 250 international business professionals including leading experts and executives from oil and gas industry, banking, shipping, transportation and logistics companies, translation companies, suppliers, investors, and Government officials. 

Among others, the attendees included representatives from Microsoft, Baker Hughes, a GE Company, Chevron Corporation, Turkish Airlines, Dunbar Harder, Parker Drilling, OFS International, ConocoPhillips, Emerson, BICO Drilling Tools, Drillmec, Atlantic Ro Ro, Volga-Dnepr, Salamander Solutions, Radix Digital Engineering, Gazprom Marketing & Trading USA, JPMorgan Chase, Wells Fargo Advisors, American Petroleum Institute, Neftegaz Holding America, Wood Group, Merichem Company, Miller and Lents LTD, Titan Oil Recovery, GustoMSC, an NOV company, IHS Markit, University of Houston, City of Houston, Consulate General of the Russian Federation, and many others.

The delegation from the CIS regions was represented by professionals from  SOCAR, Atlas, KBR Kazakhstan,  Kazgiproneftetrans LLP, 
TengizChevrOil (TCO), Oil and Gas of Kazakhstan, Inprocon Engineering,  Kazgiproneftetrans LLP, Urker EPC, Senimdi Kurylys LLP (JV b/w Bechtel and Enka), MIA Group LLP, and Diara plus LLP,  Neftservis Prokat, Gazpromneft.

Welcome remarks were made by Jack Christie, Council Member, At-Large 5, who greeted the audience on behalf the City of Houston. Mr. Christie's remarks were followed by the speech made by Alexander Pisarev, Consul General of the Russian Federation, who welcomed the CIS delegations to the Offshore Technology Conference 2019. Remarks made by the Government officials were followed by the speech made by  Mr.  David Gadzhimirzaev, Fullstream Director, Baker Hughes, a GE Company, a Silver Sponsor of the event. 

This year's reception has also included the raffle sponsored by Turkish Airlines. Mr. Yigit Avci, General Manger, Houston, Turkish Airlines,  welcomed the attendees, congratulated the USRCC on its 10th Anniversary and made a presentation about the company and its new airport in Istanbul. 

The USRCC has received a strong support from its sponsors, partners and volunteers.  The event was generously sponsored by TMK IPSCO, Baker Hughes, a GE Company, Chevron Corporation, Dunbar Harder, and Turkish Airlines.

Please visit our FaceBook Page to view event pictures.


"OTC Reception organized by the U.S.-Russia Chamber of Commerce is one the major events during OTC Conference that brings American and Russian/Caspian region Oil& Gas industry professionals and decision makers together. This crucial event promotes business collaboration on multiple levels and further enhances mutual relationship. This high echelon event should continue to be a tradition bringing the countries closer together".
Farhod Hamidov, Country Manager - Russia/CIS, BICO Drilling Tools, Inc.

"Turkish Airlines was glad to be the Raffle Sponsor at the reception organized by the U.S. Russia Chamber's 10th annual welcome reception to welcome delegates from Russia, Kazakhstan and Azerbaijan at OTC. The event was well attended, and most of the attendees were familiar with Turkish Airlines and many had the opportunity to experience the carrier. We look forward to continuing our relationship with the Chamber in order to network and create awareness of the Turkish Airlines Corporate Club program".  

Ken Bhappu, Regional Corporate Sales Manager, Turkish Airlines

"It was a great pleasure to attend the 10th  Annual OTC Reception hosted by US-Russia Chamber of Commerce this week. It is a great annual event that provides a forum for business counterparts from Russia, Kazakhstan, Azerbaijan and U.S. to discuss today's trends and opportunities in the energy industry and beyond. I look forward to participating in this event again next year".

Tim Madraimov, Corporate Development Manager, Parker Drilling

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
Baker Hughes, a GE company Announces April 2019 Rig Counts, May 7, 2019: Baker Hughes, a GE company ( BHGE) announced today that the Baker Hughes international rig count for April 2019 was 1,062, up 23 from the 1,039 counted in March 2019, and up 84 from the 978 counted in April 2018. The international offshore rig count for April 2019 was 251, up 4 from the 247 counted in March 2019, and up 57 from the 194 counted in April 2018.  Read more...
Royal Dutch Shell to invest $2 bln per year in Brazil -newspaper, May 9, 2019: Royal Dutch Shell PLC has plans to invest about $2 billion per year in Brazil through 2025, Chief Executive Ben van Beurden told newspaper Valor Econômico in an exclusive interview. Its investment plans could be increased to allow the company to bid in three upcoming oil and gas auctions, Valor reported in its Thursday edition based on the interview. Royal Dutch Shell will not focus exclusively on oil projects, the report said. It is interested in exploring opportunities in natural gas, biofuels and the solar energy sector, Valor said.  Read more...
Exxon Mobil investing $100M in national labs for emissions reductions, May 8, 2019: Exxon Mobil said Wednesday it will invest about $100 million over 10 years in emissions-reduction technologies at some of the nation's top energy research labs. Exxon Mobil said the funds will go the U.S. Energy Department's National Renewable Energy Laboratory and National Energy Technology Laboratory for research into biofuels and carbon capture and storage projects in the power generation, transportation and industrial sectors.  Read more...
The Week in Review
China-Russia Trade Up 5.8% To $33.17Bln In January-April - Chinese Customs Administration, May 8, 2019: Trade between  China and  Russia saw a 5.8 percent year-on-year increase to $33.17  billion in the first four months of  2019, the data of the  Chinese General Administration of Customs showed on Wednesday. In January-April,  Chinese  exports to  Russia increased by 3.4 percent to $18.8  billion, while imports  from  Russia to  China saw a 7. 9 percent increase, reaching $14.32  billion, the data showed. China bought $5.19  billion worth of goods  from  Russia in  April, while it exported $3.71  billion worth of goods to  RussiaRead more...
Russia ready to expand gas cooperation with Greece, says expert, May 8, 2019: Russia is keen to supply energy to Greece and is ready to expand cooperation in the gas sector with the country, Executive Director of the Skolkovo Energy Center Vyacheslav Mischenko told reporters at an energy conference in Athens. He emphasized that "Russia is ready to expand cooperation with Greece in the gas field." "Greece is a country that Russia is interested in in all senses, and energy supplies, energy cooperation is a priority for Russia and its relevant ministries. As far as I understand all signals have been sent from the Russian side, while the position of Greece is still rather cautious, though that already concerns politics," the expert said.  Read more...
Russia becomes world's largest buyer of gold in 2019, May 7, 2019: Russia's gold reserves have been growing at a record pace lately. A recent report from the World Gold Council (WGC) said that the Bank of Russia purchased 55.3 tons of gold in the first quarter of 2019 and thus reached the level of 2,168.3 tons of gold. Russia, the report said, has been acquiring gold lately in an attempt to relieve the dependence of the Russian economy on the US dollar in the event the USA imposes more sanctions on the Russian Federation.  Read more...
Russia's Nuclear Power Exports are Booming, May 9, 2019: Russia's state-owned agency Rosatom is on a tear. The company operates 35 nuclear power stations in Russia that produce 28 gigawatts (GW) of power, and it is actively exporting its nuclear technology to countries around the world. Russia has been using nuclear power plants as a way of cementing ties with its fellow emerging markets with no nuclear power tradition and the BRICS countries, a group that started as a marketing tool for Goldman Sachs to sell equity but has increasingly turned into a real geopolitical alliance amongst the leading emerging market governments.  Read more...
Russian non-energy export expected to reach $160 bln in 2019, May 8, 2019: The government expects that Russia's non-energy exports will reach $160 bln in 2019, an increase of $9 bln compared with 2018, First Deputy Prime Minister, Finance Minister Anton Siluanov said at the meeting of the Presidential Council for Strategic Development and National Projects on Wednesday. "Non-energy exports are expected to increase by up to $9 bln this year compared with last year, whereas the total amount will equal $160 bln," he said.  Read more...
Russian rouble firms, supported by bond auctions, May 8, 2019: The rouble strengthened on Wednesday ahead of a long holiday weekend in Russia, supported by results of government bond auctions. At 1454 GMT, the rouble was 0.49 percent stronger against the dollar at 65.08 and had gained 0.33 percent to trade at 72.91 versus the euro. With the Moscow Exchange closed and many traders away from their desks, trading has been, and is set to remain, subdued.  Read more...
Turkey's top exports to Russia: Tomatoes, mandarins and lemons, May 6, 2019: Turkey exported more than 147 million USD (131 million Euro) worth of fresh fruits and vegetables to Russia in the first three months of the year. Tomatoes, mandarins and lemons were top export products. According to Eastern Black Sea Exporters' Association (DKIB), Turkey, in the first quarter exported 219 thousand 145 tons of fresh fruits and vegetables to Russia and received 147 million 28 thousand 391 USD (131,2 million Euro) in return. Tomatoes, mandarins and lemons constituted 72,5% of the overall fresh produce exports to Russia.  Read more...
Russian Fishery Company to step up herring sales effort in Africa, May 9, 2019: The Russian Fishery Company (RFC) has set its sights on selling more Pacific herring in Africa. One of the world's leading producers of both herring and pollock, RFC said it worked last year with the Stallion Group, a Dubai-based company that specializes in warehousing and distributing products in West Africa, to sell about 10,000 metric tons of herring in Nigeria. But it has bigger plans.  Read more...
CIS Business News
Kazakh region to export fruits & vegetables to Tatarstan, May 9, 2019: The close cooperation between Kazakhstan and Russia's Tatarstan Republic involves some serious economic and political interests. Entrepreneurs from Tatarstan's Kazan have shown interest in fruit and vegetable products of Kazakhstan's Turkistan region. Minatulla Gasanguseynov, the head of the wholesale and retail company Mariana-Region LLC arrived in the region on a working visit. The company is engaged in the supply of fruits and vegetables to such retail chains as Magnit and X5 Retail Group. The company's annual turnover is more than 1 billion rubles ($15.3 million).  Read more...
China to develop business ties with Azerbaijan, builds new tyre plant, May 6, 2019: Azerbaijan has signed agreements with Chinese companies worth 821 million US dollars, including the construction of a new Chinese tyre plant with a proposed annual capacity of 3.3 million tyres. The construction will be carried out in Azerbaijan's Sumgayit Chemical Industrial Park by Chinese state electrical engineering giant CNEEC, with the Azerbaijan Investment Company taking a 10 per cent share in the project. "The annual capacity of this enterprise is designed not only for the local market. Tyres will be exported to neighbouring countries, which will naturally serve to increase the export potential of Azerbaijan," said Azerbaijani economy minister Shahin Mustafayev.  Read more...
Samsung signs deal with Uzbekistan on postal infrastructure modernization, May 9, 2019: Uzbekistan Pochtasi JSC and the South Korean corporation Samsung Electronics have signed a memorandum of cooperation. The parties approved the requirements that formed the basis for the signed memorandum during a meeting held back in April 2019. Samsung highly appreciates the initiative of Uzbekistan Pochtasi to introduce digital technologies into the postal infrastructure, as it is set to provide its own products for this project.  Read more...
US-Russia Related News in Russian
Новости недели
Россия увеличила экспорт нефти в январе-апреле на 5,4%, 7 мая, 2019: Россия увеличила экспорт нефти в январе-апреле 2019 года на 5,4% по сравнению с показателем за аналогичный период прошлого года - до 87,722 млн тонн, следует из материалов Центрального диспетчерского управления ТЭК (ЦДУ ТЭК). Экспорт нефти из РФ в апреле составил 22,185 млн тонн, что на 3,9% больше, чем за аналогичный период прошлого года. Экспорт нефти в дальнее зарубежье в январе-апреле вырос на 5,9% - до 81,783 млн тонн, в апреле этот показатель составил 20,746 млн тонн. Экспорт нефти в ближнее зарубежье в январе-апреле снизился на 1,3% и составил 5,938 млн тонн, в апреле Россия экспортировала в ближнее зарубежье 1,439 млн тонн нефти.  Читать далее...
Экспорт сельхозпродукции в Китай может достигнуть $4 млрд, 7 мая, 2019: По данным Российского экспортного центра (РЭЦ), в 2018 году экспорт продовольствия из России в Китай вырос на 42% до $2,5 млрд. С 2017 года КНР является крупнейшим импортером российского продовольствия. При этом эксперты уверены, что в перспективе трех-пяти лет вполне реально нарастить поставки готовой сельхозпродукции и сырья в КНР до $3-4 млрд.   Читать далее...
Азербайджан, Турция и Россия подпишут в Анкаре меморандум по БТК, 6 мая, 2019: Азербайджан, Турция и Россия подпишут меморандум о взаимопонимании по развитию грузоперевозок по железной дороге Баку - Тбилиси - Карс (БТК). Об этом 6 мая сообщает азербайджанское информагентство Trend со ссылкой на Министерство транспорта и инфраструктуры Турции. Как отметили в турецком ведомстве, подписание меморандума состоится сегодня в Анкаре между Министерством транспорта и инфраструктуры Турции, российским ОАО «РЖД» и азербайджанским ЗАО «Азербайджанские железные дороги» (АЖД).  Читать далее...
Два российских перевозчика откроют для туристов рейсы в Тайвань, 8 мая, 2019: Авиакомпании S7 Airlines и Royal Flight заявили, что планируют с конца мая открыть рейсы на Тайвань. Пока речь идет о рейсах из Владивостока и Москвы. Об этом сообщила тайваньская сторона «в лице» Международного радио Тайваня со ссылкой на местное управление гражданской авиации. Согласно этой информации S7 будет осуществлять рейсы между Владивостоком и международным аэропортом Таоюань каждую пятницу на самолете Airbus А320. Время полета - 4 часа. В свою очередь маршрут Москва - Тайбэй планируется по субботам на лайнере Boeing 767-300. Продолжительность перелета составит около 10,5 часов.  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 .