OPINION: Shell’s shock decision to pull its planned investment from the ill-fated Cambo development could be a turning point in the history of the five-decade-old UK oil and gas industry.

The withdrawal from the $2.2 billion Siccar Point Energy-operated scheme follows a sustained campaign of public protest by groups, including Greenpeace, which insist that any new oil and gas developments are incompatible with the UK’s climate goals.

The decision does not necessarily mean the end of Cambo.