Energy Update

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WASHINGTON, Dec 16 (Reuters) - A Koch Industries-funded
report warned on Friday U.S. gasoline prices would rise if
Congress passed a Republican proposal to adjust U.S. corporate
tax rates to favor exports over imports, escalating a lobbying
battle over the measure.

SANTIAGO, Dec 16 (Reuters) - Engie Energia Chile
said in a note to regulators on Friday that it had secured
financing to build an energy transmission line between the
nation's two power grids, shaking up the way consumers receive
power in the South American nation.

Stakeholders in the Southeast Asian solar energy market on Nov. 29 gathered in Bangkok to discuss the state of the sector in the region. Delegates from all stakeholder groups were present, allowing for a multi-pronged discussion on the successes and challenges that solar currently faces.

RIO DE JANEIRO, Dec 16 (Reuters) - A former governor of Rio
de Janeiro state will face trial on corruption and money
laundering charges, a crusading anti-graft judge ruled on
Friday.

NEW YORK, Dec 16 (Reuters) - U.S. refiners such as Valero
Energy Corp and Marathon Petroleum Corp are
bracing for stricter, smog-busting gasoline regulations set to
hit in January, threatening more headwinds for an industry that
has just endured its least profitable year since the shale boom
started five years ago.

(Adds average rigs from 2016 and rigs in the Permian basin)
Dec 16 (Reuters) - U.S. energy companies this week added oil
rigs for a seventh week in a row, extending a seven-month
drilling recovery as crude prices held near a 17-month high.
Drillers added 12 oil rigs in the week to Dec. 16, bringing
the total count to 510, the highest since January, but still
below 541 rigs a year ago, energy services firm Baker Hughes Inc

Dec 16 (Reuters) - U.S. energy companies this week added oil
rigs for a seventh week in a row, extending a seven-month
drilling recovery as crude prices held near a 17-month high.
Drillers added 12 oil rigs in the week to Dec. 16, bringing
the total count to 510, the highest since January, but still
below 541 rigs a year ago, energy services firm Baker Hughes Inc
said on Friday.
Since crude prices briefly recovered from 13-year lows to

WARSAW, Dec 16 (Reuters) - Poland's biggest gas firm PGNiG
will increase the price of high-methane gas it sells by 12.2
percent and the price of nitrogen-rich gas by 13.4 percent from
the start of next year, the company said, citing an approval
from energy regulator URE.

OTTAWA, Dec 16 (Reuters) - Canadian Prime Minister Justin
Trudeau's approval rating has dropped 10 percentage points in
the last three months amid rising dissatisfaction with the
economy and concern about pipeline approvals, a public opinion
poll released on Friday showed.

* Micro Focus falls after downgrade

(Recasts, adds quote and detail, updates prices at close)

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