Energy Update

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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.

* Gordhan says to take legal steps to protect himself, Treasury

BRASILIA, Feb 26 (Reuters) - Brazilian political strategist Joao Santana earned his nickname 'the maker of presidents' by guiding leftist leaders to power in Latin America and Africa, but his arrest this week could unmake his most important client, President Dilma Rousseff.

NIAMEY, Feb 26 (Reuters) - Niger's President Mahamadou Issoufou won 48.4 percent of the vote in the Feb. 21 election and will face a run-off against opposition leader Hama Amadou, who came second with 17.8 percent, the national electoral commission said on Friday.

Feb 26 (Reuters) - Pipeline giant Energy Transfer Equity Lp is likely to take its proposed buyout of Williams Companies Inc to a shareholder vote, CNBC reported, citing sources.

Feb 26 (Reuters) - Pipeline giant Energy Transfer Equity Lp is likely to take its proposed buyout of Williams Companies Inc to a shareholder vote, CNBC reported, citing sources.

SunEdison Inc., the world’s biggest clean-energy developer, rallied the most in 14 years after a judge in Delaware rejected a plea to block a portion of its $1.9 billion acquisition of Vivint Solar Inc.

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