Cat Fredenburgh

Woodside has agreed to take over the operation of the Bass Strait gas assets from ExxonMobil Australia, in a "historic" deal that could unlock future gas development.

A judge has signed off on a $9 million penalty against online flight bookings service Webjet for misleading air travelers about prices and bookings.

Private equity giant KKR has committed $500 million to speed the growth of CleanPeak Energy, an Australian company providing renewable energy solutions to blue-chip players in the commercial and industrial sectors.

The federal government is seeking feedback on its proposed ban on non-compete clauses for those earning salaries under the high-income threshold and restraints of trade in employment agreements.

BP is reportedly set to exit one of the world's largest renewable energy projects, located in the Pilbara, as part of a shift in strategy.

Cromwell Property Group has sold its remaining 50 per cent stake in an office building in Sydney's Chatswood at the discount price of $87 million.

Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.

The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia's costs.

Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site's "optimal wind speeds" and distance from dwellings.

Fletcher Building says it has begun exploring divestment options for its construction divisions following a restructure, after confirming inquiries from prospective buyers last month.