May 2021 | ISSUE No. 325 | USRCC Business Newsletter
USRCC Upcoming Events
The USRCC invites you to join the moderated Webinar which will address the current state of the commercial real estate markets. Industry experts representing a major international developer / landlord, a national commercial brokerage firm, an international architectural firm and a national construction company will cover the following topics:
  • Supply chain and construction challenges;
  • Post-COVID new design challenges from development to end-user;
  • Current real estate investment challenges;
  • Leveraging the buyers’ needs to get the best market deal; and
  • Advantages of the U.S. commercial real estate market and current projects.
This event is tailored to investors, developers, prospective tenants, industrial and manufacturing companies and others interested in the U.S. commercial real estate market.
EVENT DATE:

Thursday, June 17th, 2021
9:00 am – 11:00 am CST.
Cost: complimentary

Simultaneous translation into Russian language is included.
Registration deadline: COB Wednesday, June 16th, 2021.
Webinar details will be provided upon registration.
SPEAKERS:
C. Hastings (Hasty) Johnson

Vice Chairman,
Hines

To read the full bio
click here
Jim Autenreith

Executive Vice President,
Industrial and Investment Services,
Moody Rambin

To read the full bio 
click here
Tom Ford

Vice President, 
Moody Rambin

To read the full bio 
click here
Bruce Walck

President,
Powers Brown Architecture

To read the full bio
click here
Gary Kelley

President,
Tribble & Stephens

To read the full bio
click here
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.
EVENT REGISTRATION:

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
PLEASE CONTACT US FOR SPONSORSHIP OPPORTUNITIES:
2900 Wilcrest Drive, Suite 133, Houston, TX 77042
P: (713) 429-4680
info@usrussiacc.org www.usrussiacc.org
The U.S.-Russia Chamber of Commerce is hosting this Webinar to discuss the long-term challenges facing the global supply chain. Energy, Shipping, Mining and Metals, and Agriculture industries’ leaders will share their experiences as to what their respective industries are doing to combat the missing pieces that make the global economy move products smoothly.
  • How to handle supply chain disruptions?
  • How to decrease costs throughout the supply chain?
  • How to meet consumer demands and improve quality, speed and service?
  • What are the advantages of digitalization of supply chain management?
These and other related questions will be covered during this Webinar.
EVENT DATE:

Tuesday, October 5th, 2021

8:00 am – 9:30 am (CST) | 16:00 – 17:30 (MSK)
COST: COMPLIMENTARY

Registration deadline: COB Monday, October 4th, 2021.

PLEASE CONTACT US FOR MORE INFORMATION:

2900 Wilcrest Drive, Suite 133, Houston, TX 77042 | +1 (713) 429-4680
info@usrussiacc.org | www.usrussiacc.org
MODERATOR:
Anton Posner

Chief Executive Officer,
The Mercury Group and Mercury Resources LLC;
North East Chapter Chair and 
New York Representative,
U.S.-Russia Chamber of Commerce

To read the full bio click here
SPEAKERS:
C. Brian Hesse

President and CEO, 
Rusal America Corporation

To read the full bio click here
Scott Bergeron

Director of Business
Development & Strategy,
Oldendorff Carriers GmbH & Co. KG

To read the full bio click here
Robin Martin

Head of Market Development,
London Metal Exchange

To read the full bio
click here
Scott R. Evans

C0-founder,
Waybridge

To read the full bio
click here
The U.S.-Russia Chamber of Commerce
invites you to the partner event -
Gastech Exhibition & Conference 2021 at Singapore EXPO,
September 13-16, 2021.

Gastech is a global platform that convenes industry leaders annually in their shared mandate towards a zero-carbon economy. A key enabler of engagement between policy makers, business leaders, disruptors and innovators, Gastech 2021 will drive the conversations, collaborations and connections to address the challenges and opportunities created by the energy transition. Lower and zero-carbon fuels will play a central role in the delivery of the new energy landscape, as global focus continues to move towards a decarbonised and sustainable environment. Gastech 2021 will take place in Singapore, an epicentre for trade across Asia, reflecting the rapid shift Asian economies are making towards Natural Gas and LNG to meet their energy demands. Gastech will help you shape the strategies that will enable your company to thrive, providing an opportunity to explore new markets, forge exciting new partnerships and generate new business across the gas, LNG, hydrogen and energy value chain.

For more information click here.
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 Opens it's Second Solar Power Plant in Volgograd

Lukoil.com, May 26, 2021: Deputy Minister of Energy of Russia Pavel Snikkars, Governor of the Volgograd region Andrei Bocharov, First Executive Vice President of LUKOIL Vadim Vorobyov, and Chief Executive Officer of Hevel Group Igor Shakhray took part in today's opening ceremony of LUKOIL's 20 MW solar power plant (SPP) in the Volgograd region. Read more...
ExxonMobil Announces Preliminary Results in Election of Directors

Corporate.exxonmobil.com, May 26, 2021: ExxonMobil said today that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No. 1 nominees. Vote results for five nominees were too close to call. Read more...
Shell Sells Alabama Refinery to Vertex Energy

Shell.us, May 26, 2021: The divestment is part of Shell’s strategy to reduce its global refinery footprint to core sites integrated with the company’s trading hubs, chemicals plants and marketing businesses. These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. “The sale of the Mobile refinery shows that we are making good progress delivering on our manufacturing strategy,” said Robin Mooldijk, Shell’s EVP for Manufacturing. “We’re becoming better positioned to deliver resilient returns and meet the increasingly diverse needs of our customers.” 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: info@usrussiacc.org
Please indicate in subject line "Russian Representative"
GET INVOLVED

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 info@usrussiacc.org  
call 713.429.4680
This Week in Review
Russia's First LNG Refuelling Ship Completes Sea Trials

Reuters.com, May 28, 2021: Russia's first ship designed to run on liquefied natural gas (LNG) and fuel other vessels with LNG has completed its sea trials, energy firm Gazprom Neft reported on Friday. The Dmitry Mendeleev is expected to enter Gazprom Neft's fleet in the second half of this year, the company said. "The next stage will be the testing of systems for loading, storing and discharging of LNG," it said. Read more...
Rosatom Planning to Attract International Investors for Development of Transit via NSR

Interfax.com, May 26, 2021: The Rosatom state corporation expects to attract foreign partners to develop transit freight traffic along the Northern Sea Route, Vladimir Panov, Rosatom's special representative for Arctic development, who supervises the development of the Northern Sea Route at the state corporation, said in an interview with Interfax. Read more...
Biden Gives Reason for Waiving Pipeline Sanctions

Rigzone.com, May 26, 2021: President Joe Biden says he backed off from new U.S. sanctions against the Nord Stream 2 pipeline project because it’s nearly completed. “It’s almost completely finished,” Biden told reporters on Tuesday as he left the White House for a funeral in Wilmington, Delaware. Read more...
Russia Holds off Slowing Down Google and Facebook - Agencies

Saltwire.com, May 27, 2021: Russia is not yet planning to slow down the speed of Google and Facebook over a failure to delete content Moscow deems illegal, news agencies reported on Thursday, citing communications regulator Roskomnadzor. Read more...
Energy Ministry: Highest Priority Options for Monetization of Yamal Gas are those with LNG, Gas Chemicals

Tass.com, May 27, 2021: On May 17, the watchdog announced that it had decided not to block the network and to lift access restrictions on computers due to the fact that Twitter had deleted 90% of the illegal content Read more...
Presidents Biden and Putin To Meet in Geneva on June 16

Russia-briefing.com, May 26, 2021:Talks between Vladimir Putin and Joe Biden will be held on June 16 in Geneva, Switzerland. They intend to discuss the state and prospects for the further development of bilateral relations, issues of strategic stability, as well as interaction in the fight against the coronavirus pandemic and the settlement of regional conflicts. The upcoming meeting may pave the way for improving relations between Moscow and Washington. Read more...
Shell, Gazprom Neft Again Discussing Partnership on Meretoyakha, Cooperation on Other Blocks

Interfax.com, May 26, 2021: Shell is again discussing a partnership on the Meretoyakha project and cooperation on other blocks with Russian oil company Gazprom Neft , Shell Russia chairman Cederic Cremers said. Asked about the prospects of resuming discussions on Shell joining this project, he said this was possible. Shell is holding discussions with Gazprom Neft on many projects, and will hold talks with the company at the St.Petersburg International Economic Forum next week, Cremers said. Read more...
Houston-Tyumen Sister Cities
How Do You Like That, Elon Musk? The Deputy Proposed to Build a Tesla Plant in the Tyumen Region

72.ru, May 25, 2021: An unexpected proposal was made by the deputy of the Tyumen Regional Duma from the Liberal Democratic Party Gleb Trubin. He believes that our region is ideal for the construction of the Russian Tesla plant. The parliamentarian has already written and sent a letter to Elon Musk, waiting for an answer. Read more...
CIS Business News
Kazakhstan Approved to Begin Selling on Amazon

Astanatimes.com, May 26, 2021: E-commerce giant Amazon has added Kazakhstan to its list of countries accepted to register for selling on Amazon on May 20, the Kazakh Trade and Integration Ministry announced on Tuesday. Read more...
Belarusian PM Sees Stronger CIS Integration as Answer to World Shocks

Eng.belta.by, May 28, 2021: Stronger integration within the framework of the Commonwealth of Independent States should become the answer to world shocks. Prime Minister of Belarus Roman Golovchenko made the statement at a session of the CIS Heads of Government Council on 28 May, BelTA has learned. Read more...
US-Russia Related News in Russian
◾ Новости недели
Американские Горки

Expert.ru, Май 24, 2021: Значимость США во внешнеторговом обороте России постепенно снижается: по данным ФТС, доля этой страны в российской внешней торговле теперь составляет 4,2%, и по этому показателю с пятого места в 2019 году США опустились на шестое место в 2020-м. Доля США в экспортных поставках России еще менее значительна — девятое место (3,2% всего российского экспорта). А вот доля США в российском импорте гораздо больше: согласно оценкам ФТС, по итогам 2020 года она составила 5,6%, и по этому показателю США занимают третье место среди других стран. Читать далее...
Байден Признал, Что Санкции не Остановят Строительство «Северного Потока — 2»

Gazeta.ru, Май 26, 2021: Президент США Джозеф Байден признал, что санкции против газопровода «Северный поток — 2» стали контрпродуктивными, так как его строительство почти закончено. Об этом сообщает Bloomberg. Читать далее...
ЦБ Назвал Умеренными Риски для Экономики от Роста Вложений Граждан в Иностранные Бумаги

Tass.ru, Май 27, 2021: "Российские инвесторы начали активно вкладываться в инструменты рынка ценных бумаг, в том числе в иностранные акции и облигации в условиях снижения процентных ставок и развития финансовой инфраструктуры, позволившей населению легко выходить на различные площадки (в том числе иностранные). В случае существенного усиления тенденции роста вложений населения в ценные бумаги нерезидентов нельзя исключить формирования системных рисков. На текущий момент данные риски носят умеренный характер", - отмечает ЦБ. Читать далее...
Суперцикл на Грани Энергоперехода

Kommersant.ru, Май 28, 2021: После резкого спада во время пандемии цены на нефть вновь растут (нефть марки Brent торговалась вчера выше $68 за баррель), по оценке экспертов Международного валютного фонда (МВФ) речь идет о новом суперцикле — периоде, когда цены стабильно превышают долгосрочный тренд. Поддержку этому суперциклу оказывает устойчивая нехватка предложения на фоне сокращения объема инвестиций после падения цен в 2014 году. В последнее время вложения сокращаются и в сланцевую добычу, при этом спрос устойчиво растет — на фоне восстановления в таких крупных экономиках, как Китай и США, и оптимизма рынков в отношении распространения вакцинации. Читать далее...
"Лукойл" Может Сохранить Добычу Нефти в 73,5 млн тонн в 2021 Году

Tass.ru, Май 27, 2021: "Лукойл" в 2021 году может сохранить уровень добычи нефти в 73,5 млн тонн, если ОПЕК+ не изменит параметры сделки по ограничению добычи. Об этом в ходе телеконференции с инвесторами сообщил вице-президент компании Павел Жданов. Читать далее...
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

713-429-4680
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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