► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Oil prices have plunged since last summer, leading energy companies to slow, postpone or cut about $100bn of spending on new projects. The FT’s Christopher Adams and Guy Chazan discuss the projects being axed and the wider implications for the oil market.<br /><br />► FT World News: http://bit.ly/1Exp0iJ<br /><br />► FT Global Economy: http://bit.ly/1J5mmqH<br /><br />► Is Big Energy Changing It's Climate Tune? http://bit.ly/1Fk9nLW<br /><br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes