March 2021 | ISSUE No. 314 | USRCC Business Newsletter
USRCC Upcoming Events
Join the USRCC’s HR Panel and learn from experienced HR professionals about how working and hiring processes changed during the COVID-19 pandemic:
  • what are the best suggestions for online interviews?
  • what skills are critical to learn to adapt to the new “work from home” reality?
  • has the role of learning new areas and improving skills become more important during the COVID-19 pandemic?
  • how are companies keeping employees motivated, engaged and connected with each other with social distancing?

These and other related topics will be discussed during this event.
Thursday, March 25th, 2021
8:00 am– 9:30 am CST (Houston) | 16:00 – 17:30 (Moscow)
USRCC Members - free | Non-Members - $10

Registration deadline: COB Wednesday, March 24th, 2021.
Refunds will not be issued after March 23rd, 2021.
Webinar details will be provided upon registration.

Leana Garipova

Corporate Associate,
Akin Gump Strauss Hauer & Feld LLP;
Young Professionals Committee Vice-Chair,
U.S.-Russia Chamber of Commerce

To read the full bio click here
Renee Winter

Geo-Market HR Manager 
for Arctic, North America Offshore & Europe, Africa, and Caspian, 
Parker Drilling Company

To read the full bio 
click here
Meike Boekelmann

Head HR Chemtech 
& Group HR APAC, 
Head HR Information Systems, 
Human Resources, 
Sulzer Chemtech Ltd

To read the full bio 
click here
Kristin Valicevic

Senior Director – 
HR Business Partner, Halliburton

To read the full bio 
click here
Sharon Barclay

Chief HR Officer,
Magseis Fairfield ASA

To read the full bio 
click here
Yasushi Kokaze

Chief HR Officer, 
Chief Compliance Officer, 
Mitsui & Co. Europe PLC

To read the full bio 
click here
Ryan M. Lowry

Upstream Oil & Gas (UOG), 
Business Human Resources Manager,

To read the full bio 
click here
USRCC Standardization Conference is a specialized technical conference that addresses common issues and challenges of standardization, certification and conformity assessment. 

USRCC in partnership with the Russian Union of Industrialists and Entrepreneurs (RSPP) and its Committee for Technical Regulation, Standardization and Compliance Standard, Rosstandart, American Society for Testing and Materials (ASTM International), American Society of Civil Engineers (ASCE), and the American Petroleum Institute (API) invites you to attend the 3rd Standardization Conference to discuss rules for obtaining licensed translations, standards development system, products certification rules, work in technical committees of U.S.A. standardizing bodies, and other related questions.

This Conference will provide attendees with a better understanding of the differences between the U.S.A. and Russian standardization systems, standards development processes and standards committees.
Tuesday, March 30th, 2021
9:00 am– 11:30 am CST (Houston) | 17:00 – 19:30 (Moscow)
Cost: complimentary
Simultaneous translation into Russian language is included.

Registration deadline: COB Monday, March 29th, 2021.
Webinar details will be provided upon registration.
Andrey N. Lotsmanov

First Deputy Chairman,
Russian Union of Industrialists and Entrepreneurs, Committee for Technical Regulation, Standardization and Compliance Assessment

To read the full bio click here
Andrew A. Pidgirsky

Lewis Brisbois Bisgaard & Smith LLP 

To read the full bio click here
Alexa S. Burr

Vice President, 
Segment Standards & Services, 
Global Industry Services, 

To read the full bio click here
Christopher Mahler

Derivative Programs, 
Conformity Assessment, 

To read the full bio click here
Jim Rossberg

Managing Director, 
Engineering Programs, 

To read the full bio click here
Anton P. Shalaev

Federal Agency for Technical Regulation and Metrology,

To read the full bio click here
Sergey G. Muzychenko

Federal Autonomous Organization "Federal Center for Regulation, Standardization and Technical Assessment of Conformity in Construction" (FAA "FCS")

To read the full bio click here
Vyacheslav A. Burmistrov

State Policy Department 
in the Field of Technical Regulation, Standardization 
and Ensuring 
the Uniformity of Measurements 
of the Ministry of Industry 
and Trade of Russia
Tricia Hock

Certification Operations,
Safety Equipment Institute
To read the full bio click here
Stephen F. Mawn

Technical Committee Operations,
ASTM International,

To read the full bio click here
Pat A. Picariello, J.D., CStd, FSES

Developmental Operations,
ASTM International

To read the full bio click here
Mary Mikolajewski

Technical Committee Operations, 
ASTM International

To read the full bio click here

Informational Partner
The 11 Annual Welcome Reception Honoring Delegations 
from Russia, Kazakhstan and Azerbaijan 
at the Offshore Technology Conference (OTC 2021)
The USRCC's OTC Reception is attended by more than 300 international business professionals, including, leading experts from oil and gas/energy industry, investors, suppliers, and government officials.

The USRCC’s OTC Reception 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, August 17, 2021 6:00 pm – 9:00 pm CST

Hotel ZAZA | Fountain Room 
5701 Main Street, Houston, TX 77005
USRCC Members - $50 | Non-members - $100

"Pay at the Door" Option will be available at: 
USRCC Members - $55 | Non-Members - $110

Registration deadline: COB Monday, August 16, 2021
Refunds will not be issued after August 13, 2021
2900 Wilcrest Drive, Suite 133, Houston, TX 77042
P: (713) 429-4680
USRCC Membership
Are you taking advantage
of your USRCC Member Benefits?

The U.S.-Russia Chamber of Commerce provides a variety of Membership options to fit your business needs and goals. Renew your membership or join for the first time today!

For more information click here.
Member's News
Appointment of New Chair and other Board and Committee Changes, March 11, 2020: The Board of Directors of Royal Dutch Shell plc (the "Company") has announced the appointment of Sir Andrew Mackenzie as the new Company Chair with effect from the conclusion of Shell’s 2021 Annual General Meeting, scheduled for May 18, 2021. Andrew will succeed Chad Holliday who will step down on May 18 having served as Chair for six years and as a Board Director since September 2010. Read more...
Yuganskneftegaz Remediates More Than 230 Hectares of Land in 2020, March 9, 2021: RN-Yuganskneftegaz, Rosneft’s largest production asset, has remediated over a thousand land plots with a total area of over 230 hectares in 2020 as part of its long-term environmental protection and restoration programme. Protection of the environment is one of the key items of the Rosneft-2022 Strategy. The Company improves its approach to environmental management, increasing the scale of environmental measures and the required investments. Read more...
USRCC's Bilateral Trade Report
The Updated U.S.-Russia 
Bilateral Trade Report 
is available here.

The Report includes statistics by years and states according to the United States Census Bureau for the years 2010-2019, as well as of exports and imports to Russia according to the United States Census Bureau for the January 2020-March 2020.
USRCC Announcement
The USRCC Member is seeking
business representative in Russia

Here are the key requirements:

  • The company / individual should have the industry contacts in dealing with Sulphur plants, CO2 capture and/or academics;
  • The representative should have a working knowledge of the amine industry;
  • The representative should have the understanding of how business works in the Russian region;
  • The company / individual could have represented tray vendors, solvent suppliers, other software, or Engineering, Procurement and Construction company.

For more details please contact:
Please indicate in subject line "Russian Representative"

The USRCC is looking for new team members!

Volunteers 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 center 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 
or contact us directly at  
call 713.429.4680
USRCC - IRS Informational Collaboration
Join the meeting here
This Week in Review
Severstal Suspends Projects with Tenaris to Build OCTG Plant, not Abandoning it Altogether, March 11, 2021: Severstal has suspended the implementation of a joint project with Tenaris to build an OCTG pipe plant in the Khanty-Mansiysk Autonomous District, Alexander Shevelev, the company's general director, told reporters. Read more...
Putin Says Risks of Investment in Russian Economy Decline Seriously, March 11, 2021: The risks of investment in the Russian economy have seriously declined, President Vladimir Putin said at a government meeting on investment activityon Thursday. The president called for providing systemic support for investment projects of the local business, providing access to financial resources and raising federal and regional spending on construction of infrastructure. Read more...
Russian Inflation Peaks in February at 5.7% y/y, March 9, 2021: The CPI rate reached 5.7% year on year in February, the Central Bank of Russia (CBR) reported on March 5. This marks the highest level since November 2016. Monthly inflation jumped to 0.8%, well above consensus estimates of 0.6% month on month.The main driver of price growth was food (7.7% y/y in February), especially white sugar (64% y/y), eggs (28% y/y), vegetable oil (27% y/y) and cereals (21% y/y). Read more...
Russia Registers $13.1bn Current Account Surplus in 2021, March 11, 2021: According to preliminary estimates from the CBR, Russia’s current account surplus in 2021 amounted to $13.1bn (it was $6.8bn in January), down from $17.7bn in 2020, bne IntelliNews reports. The year-on-year decrease was primarily due to the trade surplus shrinking to $17.6bn from $23.6bn, which in turn owed mainly to lower oil prices. Read more...
Russia's Rosneft to Sell Southern Assets to Focus on Vostok Oil, Sources Say, March 10, 2021: Rosneft is selling its three southern oil assets and could complete deals for all three by the end of May, sources told Reuters on Wednesday, as Russia’s top oil company shifts focus to the giant northern Vostok Oil project. Vostok Oil, in which global commodities trader Trafigura has a 10% stake, is one of Russia’s biggest oil projects, comparable in size with the exploration of West Siberia in the 1970s or the U.S. Bakken oil province over the past decade. Read more...
Current Investments in Arctic LNG 2 Amount to $21.7 bln, March 11, 2021: Current investments into the Arctic LNG 2 project amount to 1.6 trillion rubles ($21.7 bln), Novatek CEO Leonid Mikhelson says on Thursday. Arctic LNG 2 is the second LNG project of Novatek. It provides for construction of three liquefied natural gas trains with the capacity of 6.6 mln tonnes per year for each and production of stable gas condensate up to 1.6 mln tonnes annually. Read more...
Houston-Tyumen Sister Cities
UTair will Connect Tyumen and St. Petersburg, March 11, 2021: On May 2, UTair Aviation will launch a flight from Tyumen to St. Petersburg. Departures from Tyumen will be operated on Mondays, Tuesdays, Wednesdays, Fridays and Saturdays in the morning, and  from St. Petersburg  - on Mondays, Tuesdays, Thursdays, Fridays and Sundays in the evening. Read more...
CIS Business News
Azerbaijan Boosts Production in Non Oil, Gas Sector in Jan-Feb, March 12, 2021: Azerbaijan increased the volume of production in non-oil and gas sector by 12.1 percent in January-February 2021, the State Statistics Committee has reported. During the reported period, industrial products worth AZN 7.1 billion ($4.1bn) were produced, which is a decrease by 4 percent compared to the same months of 2019. Read more...
Kazakh National Economy Minister Reports Positive Economic Indicators in First Two Months of 2021, March 11, 2021: Kazakh Minister of the National Economy Aset Irgaliyev reported on the country’s economic development over the past two months noting positive dynamics across the sectors, as the epidemiological situation shows signs of improvement, according to the Kazakh Prime Minister’s press service. The real sector, excluding mining, demonstrated a 6.3 percent growth, while investments in fixed capital grew by 13.3 percent. Inflation remained at 7.4 percent. Read more...
Belarus Doubles Food Export to Uzbekistan in 2020, March 9, 2021: Belarus' export of food products to Uzbekistan increased more than twofold in 2020, BelTA learned from the press service of the Belarusian Agriculture and Food Ministry. Last week, Tashkent hosted a meeting of the joint intergovernmental commission on bilateral cooperation. Belarusian Agriculture and Food Minister Ivan Krupko met with Uzbekistan's Minister of Agriculture Jamshid Khodjaev and top officials of the state committee of veterinary medicine and livestock development of Uzbekistan. Read more...
US-Russia Related News in Russian
◾ Новости недели
Восточный Экономический Форум Состоится 2-4 Сентября, Март 12, 2021: VI Восточный экономический форум состоится 2-4 сентября 2021 года на площадке кампуса Дальневосточного федерального университета. Об этом говорится в сообщении Фонда Росконгресс. Читать далее...
ФАС Выставила Пумпянскому Условия для Покупки ЧТПЗ, Март 11, 2021: Трубная металлургическая компания (ТМК) Дмитрия Пумпянского сможет приобрести активы группы ЧТПЗ Андрея Комарова при соблюдении определенных условий. Об этом РБК сообщили в пресс-службе Федеральной антимонопольной службы (ФАС). В ведомстве отметили, что структурные условия выставляются при сделке на рынке металлопродукции впервые. Читать далее...
Экспорт Российской Нефти в Январе Упал на 42,8%, Март 11, 2021: Экспорт нефти из России в январе в денежном выражении упал на 42,8% по сравнению с аналогичным периодом прошлого года, до 5,708 миллиарда долларов, а физический экспорт нефти снизился на 27,1%, до 15,849 миллиона тонн, следует из данных Федеральной таможенной службы (ФТС). Читать далее...
Росавиация не Нашла Признаков Банкротств у Российских Авиакомпаний, Март 12, 2020:  Росавиация на фоне пандемии коронавируса наблюдает незначительное ухудшение финансово-экономической ситуации у отдельных российских авиакомпаний, но признаков банкротств не отмечает, сообщил журналистам глава ведомства Александр Нерадько. Читать далее...
Владимир Путин Обещал Подумать над Льготами для ЛУКОЙЛа, Март 12, 2021: ЛУКОЙЛ — единственная крупная нефтекомпания, не получившая никаких поблажек в рамках повышения налогов для сектора в 2020 году,— вновь пробует добиться льгот для добычи сверхвязкой нефти. Глава компании Вагит Алекперов публично попросил об этом у президента РФ Владимира Путина. Прежние аналогичные просьбы, а также прямые заявления компании о том, что она вынуждена заморозить инвестиции в проекты по сверхвязкой нефти, не принесли результата. Читать далее...
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

The U.S.-Russia Chamber of Commerce (USRCC) is a 501(c)(6) not 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 Russian 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.

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