Oil and gas explorer Norwest Energy said Indian company Bharat PetroResources would spend up to $15 million earning a 27.8 per cent interest in two shale gas exploration permits in Western Australia’s Perth Basin.Paul Garvey

Seven Network has commissioned a local version of the cult Japanese cooking program Iron Chef, as flagged in The Australian Financial Review last month. The local program will be made by Elisabeth Murdoch’s production company, Shine. Neil Shoebridge