Energy Update

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NEW YORK, Dec 18 (Reuters) - Oil rose 1 percent on Friday on pre-weekend short-covering and buying support with prices at seven-year lows, although Brent and U.S. crude both headed for a third week of losses driven by glut worries.

The Oregon Department of Energy said on Dec. 16 that it has awarded $295,000 in state and federal funds to the Eugene Water & Electric Board for a pilot project that demonstrates energy storage and microgrid technologies.

LONDON, Dec 18 (Reuters) - Britain's last deep coal mine closed on Friday, bringing the curtain down on an industry that once employed more than 1 million miners at over 3,000 collieries.

RIO DE JANEIRO, Dec 18 (Reuters) - Before dawn one day in August, two men disguised as fishermen hid in the dark outside the compound of an oil service company on Rio de Janeiro's picturesque Guanabara Bay, the site of next year's Olympic sailing competition.

* Official says companies would be advised to wait for decision

WASHINGTON, Dec 18 (Reuters) - The 40-year-old ban on exporting U.S.

Because the Paris Agreement is a universal, legally binding agreement to tackle climate change under international law, it joins other such agreements as the highest expression of political intent and will.

Dec 18 (Reuters) - The agency that acts as the U.S. government's landlord and realtor has asked regulators in the District of Columbia to reject the merger of utilities Exelon Corp and Pepco Holdings Inc, unless it provides a better deal for taxpayers, the Washington Post reported.

New York’s utility regulator backed construction of $1.2 billion of new power lines aimed at easing electricity prices while cutting greenhouse gas emissions in southern New York state, including New York City.

* Renzi leads pushback on migration, pipeline, bank guarantees

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