Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

ConocoPhillips Skips Russia Summit on State Department Push

May 13 (Bloomberg) -- ConocoPhillips Chairman and Chief Executive Officer Ryan Lance said he decided not to attend a conference in St. Petersburg following talks with the U.S. State Department.

Company officials were advised by the State Department not to go to the May 22 event as the annexation of Crimea by Russia led to diplomatic tensions, Lance, who was planning to attend, told reporters today at the company’s annual meeting in Houston.

The U.S., which is leading global efforts to force Russian President Vladimir Putin to change his actions, has blocked 45 individuals, including OAO Rosneft Chief Executive Officer Igor Sechin, a Putin associate, and 19 entities, including SMP Bank and Bank Rossiya.

Citigroup Inc. Chief Executive Officer Michael Corbat was also among U.S. executives who withdrew from the economic forum scheduled from May 22 to May 24.

To contact the reporter on this story: Bradley Olson in Houston at bradleyolson@bloomberg.net

To contact the editors responsible for this story: Susan Warren at susanwarren@bloomberg.net Carlos Caminada

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.