BP’s chief executive Bob Dudley. BP is exploring deals in Iran.

BP has tapped Irishman Bernard Looney and four other top non-US executives to steer efforts by the oil giant to explore for business in Iran without b(...)

A visitor passes a logo of the British multinational oil and gas company, BP during the 21st World Petroleum Congress in Moscow recently. Photograph: EPA

Oil and gas producers BP and BG Group both reported a fall in third-quarter profits yesterday, in part due to the drop in the oil price. Crude has dr(...)