"We have given... Rex Tillerson an Order of Friendship some time ago. But it seems he has fallen in with the wrong crowd and is now steering in a different direction," Putin quipped while speaking at an economic forum in the far-eastern city of Vladivostok.
Putin made the comments after awarding the Order of Friendship to Chinese Vice Premier Wang Yang, remarking on the growth of Chinese investment in Russia.
But that deal was later compromised as US sanctions on Moscow prevented ExxonMobil from moving forward, and the company was slapped with a fine this year for continuing to do business with Rosneft in 2014.
"I hope that the winds of cooperation and friendship will bring him back on the right track in the end," Putin said of Tillerson.
"Despite the fact that he is organising raids on our diplomatic institutions, we are resolving critical issues with his former company... In work on the Sakhalin 1 project."
"With these scandals in the background, we have agreed how we are going to resolve this situation... The government will announce this soon," Putin said.
Relations between Moscow and Washington have plunged after Putin ordered the US to sharply pare the number of US diplomats in Russia, while Washington responded by closing the Russian consulate in San Francisco.
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