Energy Update

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* Early rally during session on supply disruptions, Wall St gains

* Indexes: Dow -0.09 pct, S&P +0.04 pct, Nasdaq +0.29 pct (Updates to afternoon)

PRISTINA, Feb 26 (Reuters) - Kosovo's parliament has elected Foreign Minister Hashim Thaci as the country's new president in a tense session as opposition activists released tear gas in the chamber and threw petrol bombs outside the parliament building.

HOUSTON, Feb 26 (Reuters) - Prices for mansions in Houston's swankiest neighborhood have tumbled in lock step with crude prices. The Houston Opera has offered free season tickets to patrons who lost their jobs in the oil bust. A fancy restaurant offers cut-price dinners.

(Adds total oil and gas rig count) Feb 26 (Reuters) - U.S. energy firms this week cut oil rigs for an 10th week in a row to the lowest levels since December 2009, data showed on Friday, as some producers focus more on completing their drilled but uncompleted wells instead of drilling new ones. Looking forward, analysts forecast the rig count will bottom in a few months before recovering later this year when they expect crude prices to rise. Drillers removed 13 oil rigs in the week

Feb 26 (Reuters) - U.S. energy firms this week cut oil rigs for an 10th week in a row to the lowest levels since December 2009, data showed on Friday, as some producers focus more on completing their drilled but uncompleted wells instead of drilling new ones. Looking forward, analysts forecast the rig count will bottom in a few months before recovering later this year when they expect crude prices to rise. Drillers removed 13 oil rigs in the week ended Feb.

HOUSTON, Feb 26 (Reuters) - If a crisis is a terrible thing to waste, the oil industry sees the Paris climate accord not as a death knell, but an opportunity to innovate and even grow.

BENGHAZI, Libya, Feb 26 (Reuters) - Seven soldiers were killed on Friday in clashes with Islamist militants in the eastern Libyan city of Benghazi, where military forces are pressing to consolidate recent gains, an army commander said.

HOUSTON, Feb 26 (Reuters) - Distressed asset sales are likely to dominate dealmaking in the U.S. energy industry this year as volatile oil prices put executives off major acquisitions.

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