As rivals circle, Japan boosting firepower to buy global energy assets

By Yuka Obayashi TOKYO (Reuters) - Japan plans to rush through a bill to provide more financial muscle for its companies to compete for global energy assets, just as other resource-hungry Asian economies such as China and India are also looking to snap up depressed oil assets. Prime Minister Shinzo Abe's cabinet intends to revise a law governing the Japan Oil, Gas and Metals National Corp (JOGMEC) to allow the state-run agency to partake in purchases of foreign oil and gas companies, government