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Oil and gas giant Santos has struck a landmark near-$30bn agreement with a consortium led by Abu Dhabi’s state-owned oil company, ADNOC, in a deal which will test Canberra’s appetite to put critical infrastructure in the hands of Middle East investors.

Meanwhile, bourse operator ASX has vowed to cooperate with ASIC after the corporate watchdog launched an inquiry into the market operator’s regulatory and risk management failures.

And read how a PwC report found ‘inconsistencies’ in TerraCom’s coal quality results in 12 out of 14 shipments, as directors face court for misleading the market.