Markets BP welcomes Chancellor’s measuresOil giant BP has welcomed measures announced by Chancellor George Osborne today aimed at boosting North Sea investment. March 21st 2012, 2:14 pm Updated: March 21st 2012, 2:14 pm 2 min read Facebook An icon of a facebook f logo. LinkedIn An icon of the LinkedIn logo. Twitter An icon of the Twitter logo. Oil giant BP has welcomed measures announced by Chancellor George Osborne today aimed at boosting North Sea investment.