Energy Update

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STRASBOURG, Dec 14 (Reuters) - The European parliament's environmental committee is expected to vote late on Monday against new car pollution rules they say are too lenient in the light of the Volkswagen (VOWG_p.DE) scandal which exposed loopholes in existing emissions tests.

* Resources and auto stocks also fall (Adds closing prices, quote)

NEW YORK, Dec 14 (Reuters) - U.S. crude rose more than 2 percent Monday, recovering slightly after moving within a hair of 11-year lows, as record short-interest led to technical covering on fears that the market declined too quickly.

LONDON, Dec 14 (Reuters) - Oil traders are profiting handsomely from a crude price crash to near an 11-year low, even as it forces energy companies around the globe to slash costs and postpone projects.

* IShares Clean Energy ETF, MAC Global Solar Energy Index rise

Dec 14 (Reuters) - Wells Fargo & Co's head of corporate banking has warned of stresses in the bank's energy portfolio and said the slump in oil prices "feels deeper and broader and could last longer", the Financial Times reported on Monday.

BRUSSELS, Dec 14 (Reuters) - The omission of aviation from the Paris climate deal could cause "a very big problem" if talks next year fail to make progress on a global plan to reduce aircraft pollution, the European climate chief said on Monday.

A large-scale floating solar panel array road tested in the South Australian Outback is set to soak up the Californian sunshine.

Trina Solar Ltd., the world’s biggest solar manufacturer, said it received a preliminary approach from its chairman and founder Jifan Gao to take the company private.

LONDON/MILAN, Dec 14 (Reuters) - European shares turned lower on Monday, falling away after a strong start to touch a 2-1/2 month low as commodity firms suffered from a sell-off in Brent crude.

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