energy giant
  • The Russian energy giant is spending billions to expand, but it will have to tread carefully at a time when global natural gas supplies are surging and prices are falling.

     Russian President Vladimir Putin, left, speaks at the South Stream welding ceremony in Anapa, Russia.
    LAST UPDATE : Jan 14, 2013, 5:46 AM EST
  • Czech Republic's Foreign Minister Karel Schwarzenberg, left, presents US Secretary of State Hillary Clinton, right, with a photograph upon her arrival in Prague, Czech Republic, Monday, Dec. 3, 2012.

    U.S. government lobbies on behalf of Westinghouse Electric bid for $10 billion expansion of a nuclear power plant for which Russian bid is seen as front runner.

    LAST UPDATE : Dec 13, 2012, 11:00 PM EST