September 2021 | ISSUE No. 341 | USRCC Business Newsletter
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On September 14, 2021, the USRCC held its virtual Energy Dialogue: Part 3 "State of Energy Industry and Its Future" with Lorenzo Simonelli, Chairman and CEO, Baker Hughes.
Over 80 registrants from U.S.A., Russia and CIS, representing British Petroleum, ExxonMobil, Neftegaz, JSC "NEK", Derrick Corporation, Kinder Morgan, Cargil, 23rd World Petroleum Congress, TMK, Amazon, Shell, Rusk Capital Management, McKinsey, BPB ENERGY, and many other companies were involved in lively discussion of energy industry transformation, renewable energy sources, future of hydrocarbons, role of sustainability, and other related topics.
John Gibson, President and CEO of Flotek Industries, served as Energy Dialogue moderator.
During the Dialogue Mr. Simonelli highlighted the role of Baker Hughes in carbon capture, utilization and storage, CO2 reduction, and commitment to net zero. Mr. Simonelli also emphasized the importance of cooperation between US and Russian companies.
The Energy Dialogue audience addressed questions regarding future technologies development, carbon market pricing, renewable energy sources, including, solar, wind and geothermal energy, emissions and carbon reduction targets, and many others.
TESTIMONIALS
"A very informative and insightful, yet too short hour. Mr. Simonelli was superb, as was Mr. Gibson. Great to hear directly from a leading U.S. energy technology company about challenges and opportunities ahead, and importantly, for working in Russia." Thomas Dans, Co-Founder, Amberwave Partners.
"I like the idea of working together for the betterment of mankind. Thank you for future trends, technology, and the discussion about future ventures with the United States." John Anthony Edwards, Regional Practice Leader, PayProCorp.
"Liked the overview of Baker Hughes on the global directions of the energy sector." Larisa Golovko, Geo-Data Scientist | IT Consultant, Landviser.
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On September 15, 2021, the USRCC held its 4th Women's Leadership Speaker Series event in a webinar format, moderated by Melody Meyer, Independent Non-executive Director, British Petroleum, Chair of the Safety and Sustainability and Member of the Remuneration Committees.
This year's conversation was focused on the diversity of the board representation, global projects experience and overview, energy transition, successful company culture, and other topics.
Machteld De Haan, President, Shell Lubricants Americas, and Decie Autin, Vice President, Central Project Management, ExxonMobil Global Projects, shared their thoughts and experience with the audience.
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Female executives discussed the importance of diversity, creation of corporate culture, meaning of leadership, executives involvement in talent acquisition, importance of global experience, as well as shared their own experience in worldwide global projects participation, and what their respective companies are doing in terms of decarbonization, managing emissions, and digitization.
TESTIMONIALS
"Thank you to Melody Meyer, Decie Autin, and Machteld de Haan for delivering an engaging presentation discussing professional experiences and leadership advice from the standpoint of role models that young women professionals in the energy industry can appreciate. I’ve enjoyed the friendly and informative style of the webinar. Excellent facilitation of learning and focus on leadership!" Diana Hegelund Madsen, Head of Operations, Houston, CHARLES R. WEBER CO., INC.
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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 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.
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EVENT DATE:
Tuesday, October 5th, 2021
8:00 am – 9:30 am (CST) | 16:00 – 17:30 (MSK)
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COST: COMPLIMENTARY
Registration deadline: COB Monday, October 4th, 2021.
Webinar details will be provided upon registration.
Simultaneous translation is provided during the event.
PLEASE CONTACT US FOR MORE INFORMATION:
2900 Wilcrest Drive, Suite 133, Houston, TX 77042 | +1 (713) 429-4680
info@usrussiacc.org | www.usrussiacc.org
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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
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C. BRIAN HESSE
President and CEO,
Rusal America Corporation
To read the full bio click here
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SCOTT BERGERON
Director of Business
Development & Strategy,
Oldendorff Carriers GmbH & Co. KG
To read the full bio click here
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ROBIN MARTIN
Head of Market Development,
London Metal Exchange
To read the full bio
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SCOTT R. EVANS
C0-founder,
Waybridge
To read the full bio
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The U.S.-Russia Chamber of Commerce
invites you to the partner event -
Gastech Exhibition & Conference at Dubai World Trade Center,
September 21-23, 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 decarbonized and sustainable environment. Gastech 2021 will take place in Singapore, an epicenter 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.
Gastech will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai. Gastech is supported by the Ministry of Energy and Infrastructure of the United Arab Emirates. H.E. Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure commented that “The UAE is delighted to be hosting Gastech, one of the world’s leading events for the gas, LNG, hydrogen, and energy industry. Gastech comes at an important time for the energy industry with a shared global mandate to lower carbon emissions and provide clean affordable energy for all. Gastech is a key enabler of conversations and connections that drive the energy transition agenda."
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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!
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Lukoil and One of the World’s Premium Cars Producers Strengthen Global Partnership
Lukoil.com, September 14, 2021: LUKOIL Group and Daimler AG, one of the world's largest car manufacturers, expand their partnership in LUKOIL lubricants first fill supplies for engines of the brand's premium passenger cars in Europe and Eastern Asia. LUKOIL expands the product range of engine oils delivered to the concern in Europe and China starting June 2021. Read more...
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Carbon Capture and Storage Gains Wide Industry Support in Houston
Exxonmobil.com, September 14, 2021: Eleven companies have expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston. Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero have agreed to begin discussing plans that could lead to capturing and safely storing up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons by 2040. Read more...
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Shell to Build One of Europe’s Biggest Biofuels Facilities
Shell.com, September 16, 2021: Royal Dutch Shell plc (Shell) today announced a final investment decision to build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery. Once built, the facility will be among the biggest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste. Read more...
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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"
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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.
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To learn more about the position
call 713.429.4680
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Quick Nord Stream 2 Start-up Would Calm Record-high Gas Prices in Europe, Kremlin Says
Marinelink.com, September 17, 2021: A rapid startup of the Nord Stream 2 gas pipeline from Russia to Germany could help calm record-high gas prices in Europe, Kremlin spokesman Dmitry Peskov told reporters on Wednesday, as Moscow awaits for regulatory clearance for gas flows to begin. Read more...
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Lukoil, Gazprom Neft Create JV Based on Meretoyakhaneftegaz with Reserves of 1 bln Tonnes Oil, 500 bcm Gas
Interfax.com, September 16, 2021: Lukoil and Gazprom Neft have signed an agreement on creating a joint venture to develop a major oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous District, the companies said. The JV will be based on Meretoyakhaneftegaz LLC, a Gazprom Neft subsidiary. The Tazovskoye oil and gas condensate field, which was put on stream this June, will be at heart of the new production area. The venture is also to develop the Severo-Samburgskoye and Meretoyakhinskoye fields, as well as two Zapadno-Yubileyny license blocks. Read more...
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JODI: Russia Remains World's 2nd Largest Oil Producer in July
1prime.biz, September 16, 2021: Russia retained its position of the world’s second largest oil producer after the U.S. in July, when its output grew by 0.8% on the month to 9.831 million barrels per day, the Joint Organizations Data Initiative (JODI) said in a report on Thursday. The U.S. produced 11.3 million barrels per day, flat on the year. Read more...
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Russian Oil Major Rosneft Gets Closer to Gas Exports
Intellinews.com, September 15, 2021: The Russian Ministry of Energy will report to the government on potentially allowing state oil giant Rosneft access to gas exports "in the coming days", according to Interfax quoting Vice-Prime Minister curating the energy sector Alexander Novak. As covered in detailed by bne IntelliNews, most recently Russia’s most influential oilman, Igor Sechin, head of Rosneft, has renewed his push to allow the company to export gas by pipeline, in spite of Gazprom’s monopoly over these supplies. Read more...
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Russian Firms With Foreign Links Down 40% in 3 Years
Themoscowtimes.com, September 17, 2021: The number of businesses with foreign shareholders operating in Russia has dropped by 40% over the last three years amid international sanctions, the coronavirus pandemic and Russia’s drive to isolate its economy. Business consultants Kontur found the number of businesses with foreign participation — where a non-Russian company or individual owns a stake in the company — fell to 28,400 in August, according to research published Friday. That was down from more than 47,000 three years ago. Read more...
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Gazprom Neft to Increase Hydrocarbon Output to Over 100 mln Tonnes in 2021
Tass.com, September 15, 2021: Gazprom Neft will increase its hydrocarbon production in 2021 to over 100 mln tonnes, Head of Gazprom Neft Alexander Dyukov told reporters. He added that Gazprom Neft plans to revise the capital expenditure program in 2021 due to the OPEC+ decision, it may be higher than the previous estimate of 420 bln rubles ($5.77 bln). Read more...
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◾ Houston-Tyumen Sister Cities
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Sibur, Gazprom Analyzing Completed Feasibility Study for Joint Gas Refinery in Tatarstan
Tass.com, September 15, 2021: Sibur and Gazprom have completed the feasibility study for a joint gas processing plant in Tatarstan and are currently analyzing it, Chief Executive Officer of Sibur Dmitry Konov told TASS on the sidelines of the Tyumen Oil and Gas Forum. Read more...
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Kazakhstan’s Economy Recovers to Pre-Pandemic Levels, Says Kazakh PM
Astanatimes.com, September 16, 2021: Kazakhstan’s economy has reached pre-pandemic levels and continues to recover, achieving a three percent growth in the first eight months of 2021, said Kazakh Prime Minister Askar Mamin at a government meeting on Tuesday. Growth in the manufacturing sector reached 5.8 percent, 9.1 percent in trade, 12.8 percent in communications, and 11.4 percent in construction. Construction is progressing at a good pace in Kazakhstan with 8.9 million square meters of housing commissioned since the beginning of 2021. Read more...
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Belarus, Russia to Determine Operating Principles of Common Gas Market by July 2022
Eng.belta.by, Septemer 13, 2021: By July 2022 Belarus and Russia will determine the operating principles of the common gas market, Belarusian Prime Minister Roman Golovchenko told the Belarus 1 TV channel, BelTA has learned. Four out of 28 reconciled Union State programs deal with energy matters: these are programs to set up the common markets of gas, oil and electricity, while the fourth program is devoted to nuclear energy. Read more...
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Microsoft Ready to Introduce Cloud Platform for Carbon Emission Analytics in Azerbaijan
Azernews.az, September 16, 2021: Microsoft is ready to familiarize all Azerbaijani manufacturers with a cloud-based carbon analytics platform for business, General Manager of Microsoft Azerbaijan Gachay Mirzayev told Trend. According to Mirzayev, manufacturing companies around the world are using cloud technologies for digital transformation. Read more...
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◾ US-Russia Related News in Russian
◾ Новости недели
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ЦБ Хочет Оценить Риски Энергоперехода для Экономики РФ на Длинном Горизонте
Interfax.ru, Сентябрь 16, 2021: ЦБ РФ хочет оценить риски энергоперехода для экономики страны на длинном горизонте, включая обозначенный многими компаниями и правительствами как рубеж достижения углеродной нейтральности 2050 год. Как сообщила первый зампред Банка России Ксения Юдаева, ЦБ проведет длинный стресс-тест российской экономики с горизонтом прогнозирования до 2030 и 2050 годов для оценки влияния климатических переходных рисков. Регулятор разработает подходы, которые позволят банкам анализировать климатические риски при выдаче кредитов. Читать далее...
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«Газпром Нефть» и ЛУКОЙЛ Хотят Вместе Добыть Ямальскую Нефть
Kommersant.ru, Сентябрь 17, 2021: «Газпром нефть» окончательно договорилась о вхождении ЛУКОЙЛа в свой проект по разработке нескольких сложных месторождений в ЯНАО. ЛУКОЙЛ призван заменить Shell в этом СП, обеспечив финансирование и предоставив опыт разработки трудноизвлекаемых запасов. Но, отмечают аналитики, эффективность проекта будет во многом зависеть от налогового режима. Читать далее...
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РФ Примет Все Возможные Меры для Восстановления Баланса Обязательств в Торговле с США в Случае Признания Экономики Нерыночной - Минэкономразвития
Finmarket.ru, Сентябрь 17, 2021: Минэкономразвития РФ, ряд российских экспортеров, а также МГИМО и ВШЭ представили независимо друг от друга комментарии в Минторг США в рамках расследования о нерыночном статусе экономики РФ.Соответствующие документы опубликованы на официальном портале правительства США по обсуждению правовых актов. Читать далее...
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Правительство Одобрило 62 Меры Поддержки ИТ-отрасли
Rbc.ru, Сентябрь 14, 2021: Правительство утвердило второй пакет мер поддержки ИТ-отрасли, говорится на сайте кабмина. «Дорожная карта» включает 62 мероприятия. Из них 20 носят общесистемный характер», — указано в сообщении. Эти 20 мероприятий предусматривают меры по выравниванию условий ведения бизнеса для международных интернет-компаний и российских ИТ-фирм, отмечают в правительстве. Читать далее...
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Индекс Деловой Активности Малого Бизнеса в РФ в Августе Приблизился к Рекордному Значению
Tass.ru, Сентябрь 17, 2021: Деловая активность российских малых и средних предприятий (МСП) в августе 2021 года приблизилась к рекордному значению. Об этом свидетельствует ежемесячный индекс RSBI, который составляют Промсвязьбанк (ПСБ), бизнес-объединение "Опора России" и агентство Magram Market Research. Читать далее...
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U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042
713-429-4680
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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.
Copyright 2017. All Rights Reserved.
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