March 2021 | ISSUE No. 315 | USRCC Business Newsletter
USRCC Activities
Thursday, March 25, 2021: HR Panel "Working in the Digital Age"
On Thursday, March 25th USRCC together with its Young Professionals Committee hosted the 4th HR Panel "Working in Digital Age," moderated by Leana Garipova - Corporate Associate at Akin Gump Strauss Hauer & Feld LLP and Young Professionals Committee Vice-Chair.

The attendees had a chance to learn from experienced HR executives about how working and hiring processes changed during the COVID-19 pandemic.
The following panelists shared their own experience and gave advice to the audience:
  • Renee Winter, Geo-Market HR Manager for Arctic, North America Offshore & Europe, Africa, and Caspian, Parker Drilling Company
  • Meike Boekelmann, Head HR Chemtech & Group HR APAC, Head HR Information Systems, Human Resources, Sulzer Chemtech Ltd
  • Ryan M. Lowry, Upstream Oil & Gas (UOG), Business Human Resources Manager,ExxonMobil
  • Yasushi Kokaze, Chief HR Officer, Chief Compliance Officer, Mitsui & Co. Europe PLC
  • Kristin Valicevic, Senior Director – HR Business Partner, Halliburton
  • Sharon Barclay, Chief HR Officer, Magseis Fairfield ASA

The Panel was followed up by live Q&A session, during which attendees addressed questions regarding work/life balance on remote work, skills need to be improved during these times, returning to the office expectations, how to become successful while working from home, and others.

"I think going forward, these panel discussions will become more and more important so we all can learn from each other and understand each other's view point. Sharing is caring." John A. Edwards, PayProCorp, Regional Practice Leader.
USRCC Upcoming Events
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 Industrial Policy and Technical Regulation, 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
Konstantin V. Leonidov

Acting Director General, 
Federal State Unitary Enterprise “Standartinform”

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
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.,

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
Lukoil and Russian Ministry of Energy Conclude Agreement on Measures to Support Construction of Deep Oil Refining Units, March 24, 2020: LUKOIL and the Ministry of Energy of the Russian Federation concluded an agreement that provides for LUKOIL receiving an investment increment to reverse excise tax on oil till January 1, 2031 in order to construct new deep oil refining units at the LUKOIL-Nizhegorodnefteorgsintez LLC, which is a PJSC LUKOIL wholly owned subsidiary. Read more...
RNG and Eastsib Holding Companies Use Gas for Power Generation, March 19, 2021: The Eastsib Holding is implementing a program of generating power from associated petroleum gas (APG). This will increase the level of APG rational use and, in the long term, to abandon the purchase of electricity.
In the Eastern blocks of Srednebotuobinskoye oil and gas condensate field (EB SB OGCF), an energy complex with a capacity of 5 mW was commissioned back in 2019. The APG produced at the field is sent to generate electricity to meet the field’s own needs. Read more...
Gazprom Adds Over 480 Billion Cubic Meters to its Gas Reserves through Geological Exploration in 2020, March 24, 2021: The Gazprom Board of Directors took note of the information about the ongoing work for resource base support, geological surveys, and geological exploration performed by the Company. It was highlighted that Gazprom, which has the largest reserves and output of natural gas in the world, is effectively expanding its mineral and raw material base, primarily through geological exploration. Read more...
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
This Week in Review
Russian Oil Exports to U.S. Hit Record High – Bloomberg, March 24, 2021: Russian oil shipments to the U.S. hit a record high last year, according to calculations by Bloomberg, while at the same time Washington was amping up its warnings about Europe’s energy dependence on Russia. Russia leapfrogged Saudi Arabia to become the third-largest oil supplier to the U.S. last year, accounting for 6.85% of all U.S. imports. That amounted to an average of 538,000 barrels a day — or around 5% of Russia’s entire oil production. Read more...
Russia Approves Long-term LNG Plan to Focus on Arctic, Far East, March 22, 2021: The Russian government has approved a long-term liquefied natural gas (LNG) program to develop the Arctic shelf and the Far East to diversify gas sources, Prime Minister Mikhail Mishustin said on Monday at a meeting with his deputies. In the next 15 years, Russia’s LNG capacities should triple as the government creates conditions for investors who want to implement projects in the LNG and related industries, he said. Read more...
Russia Fights to Keep Course on Carbon and Renewables amid Budget Squeeze, March 22, 2021: Russia’s next phase of renewable energy development looks like it won’t be as well-funded by the state as planned. That said, the announced cuts could have been worse, and corporates are stepping up plans to mitigate carbon, reports NEO. The government is likely to cut its budget supporting renewables development by 22% to RUB313bn ($4.2bn) from 2025-2035, Russia’s Kommersant newspaper reported, citing people familiar with the matter. The Energy Ministry defended the programme from greater cuts sought by the Economy Ministry, according to the report. Read more...
New US Sanctions Will Not Stop Nord Stream 2 Construction - Experts, March 22, 021: The threat of potential US sanctions against the construction of the Nord Stream 2 gas pipeline - Nord Stream 2 AG - will not lead to a new suspension of the project or a revision of the timing of its implementation, according to experts interviewed by TASS. Earlier, Bloomberg, citing sources, reported that an insurance company providing services under the project, a number of companies that cooperate with pipelayers, as well as the operator of the project itself, Nord Stream 2 AG, are potentially facing another US sanctions. Read more...
Foreigners' Share in Russia's Government Bonds Nears Five-year Low as Sanction Fears Increase, March 25, 2021: The share of foreign investors among holders of Russia’s OFZ treasury bonds fell in February to its lowest since May 2016, data showed on Thursday, and analysts warned it may shrink further amid risks of fresh U.S. sanctions against Moscow. Non-residents held 22.7% of OFZ bonds in circulation as of March 1, down from 23.4% a month earlier, the central bank data showed. A year ago, this share was at nearly 35%. Read more...
Rosneft to Allocate 136 bln Rubles for Environmental Projects at Refineries to 2024, March 26, 2021: Rosneft plans to allocate around 136 billion rubles for implementing environmental measures at its oil refineries until 2024, the company said in a statement. As part of its plans for environmental measures, the company aims to implement more than 100 projects in the sphere of reducing the negative impact on the environment, minimizing environmental risks, and achieving the targets of its Rosneft 2022 strategy. Read more...
Houston-Tyumen Sister Cities
A Petition Was Sent to the President of the Russian Federation to Confer the Title of "City of Labor Valor" in Tyumen, March 23, 2021: Regional Duma deputies have sent a petition to Russian President Vladimir Putin to confer the honorary title "City of Labor Valor" in Tyumen, the regional government's press service said on Tuesday. In March 2020, Russian President Vladimir Putin signed a law introducing the title "City of Labor Valor" in Russia. Read more...
CIS Business News
Azerbaijan to Develop its Energy Resources by Focusing on Promising Gas Fields - FM, March 23, 2021: Azerbaijan will continue to develop its energy resources by focusing on promising gas fields, Jeyhun Bayramov, Azerbaijani Minister of Foreign Affairs said in an interview with Italian Agenzia Nova, Trend reports. During an interview, Bayramov said that the construction of TAP has reached its conclusion thanks also to the strong determination and support of the Italian authorities. An important role in Italian-Azerbaijani relations was played by TAP, Bayramov said. Read more...
Kazakhstan, Belarus Keen on Stepping Up Cultural Dialogue, March 19, 2021: Extraordinary and Plenipotentiary Ambassador of Kazakhstan to Belarus Askar Beisenbayev has held a meeting with Belarusian Culture Anatoly Markevich, Kazinform cites the press service of the Kazakh Embassy in Belarus. The sides expressed satisfaction with the level and dynamics of development of Kazakh-Belarus strategic cooperation, including in the cultural and humanitarian sector. Read more...
Plans to Commission Five New Enterprises in Free Economic Zone Brest in 2021, March 23, 2021: There are plans to commission five new enterprises in the free economic zone (FEZ) Brest in 2021, BelTA learned from Deputy Head of the FEZ Brest Administration Aleksandr Shukailo. The resident company OOO BTW-Agro is about to finish an investment project worth over $15 million in Kobrin District. As part of the project the company will commission a mycelium farm. It will be Belarus' only enterprise of the kind. Belarusian mushroom farmers had to import mycelium up till now. Read more...
US-Russia Related News in Russian
◾ Новости недели
В "Газпроме" Заявили, что "Северный поток - 2" Достроят в Этом Году, Март 26, 2021: Строительство газопровода "Северный поток - 2" будет завершено в этом году, заявил журналистам в пятницу председатель совета директоров "Газпрома", председатель российского координационного комитета форума "Петербургский диалог" Виктор Зубков. Читать далее...
«РуссНефть» Заложила Недвижимость из-за Долгов по Налогам, Март 26, 2021: «РуссНефть», крупнейшим акционером которой является семья основателя группы «Сафмар» Михаила Гуцериева, в июле 2020 года заключила с межрегиональной инспекцией Федеральной налоговой службы (ФНС) договор залога недвижимого имущества на сумму 8,1 млрд руб., следует из финансовой отчетности компании (.pdf) по МСФО за прошлый год. Общая стоимость заложенного имущества составила 12,2 млрд руб. Читать далее...
Центробанк Заявил о Сокращении Кредитования Малого и Среднего Бизнеса, Март 23, 2021: Количество кредитов малому и среднему предпринимательству в РФ составило в январе 99 650 ссуд, что на 18,1% меньше показателя декабря прошлого года, говорится в материалах Банка России. Средний размер кредита малому и среднему бизнесу уменьшился по сравнению с предыдущем месяцем на 3 миллиона рублей — до 4,7 миллиона рублей, однако остался выше значений января прошлого года — 4,2 миллиона. Читать далее...
Совет Директоров "Роснефти" 5 Апреля Рассмотрит Вопрос о Составе Правления, Март 26, 2020: Совет директоров "Роснефти" 5 апреля рассмотрит вопрос о составе правления, сообщила компания. В начале октября прошлого года "Роснефть" перекроила состав правления, введя в него глав крупных региональных дивизионов и президента ВБРР. Компания объяснила, что это сделано "в целях улучшения координации в условиях сложной санитарно-эпидемиологической обстановки, а также для повышения производственной и экономической эффективности и усиления взаимодействия с крупнейшими региональными подразделениями ПАО "НК "Роснефть" по реализации перспективных проектов в нефтегазодобыче, призванных стать локомотивами развития компании в среднесрочной перспективе". Читать далее...
Импорт Нефти и Нефтепродуктов из России в США Достиг Максимума с 2011 года, Март 25, 2021: Объем среднесуточного импорта нефти и нефтепродуктов из России в США в 2020 году составил 538 тыс. барр. в сутки, свидетельствуют данные Управления по энергетической информации Минэнерго США. Это наибольший показатель с 2011 года, тогда он достигал 624 тыс. барр. в сутки. Импорт российской нефти и нефтепродуктов в США в 2020 году составил 7% от среднесуточного. Лидерами по этому показателю являются Канада (4,1 млн барр. в сутки) и Мексика (750 тыс.). 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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