The oil industry is under growing scrutiny to reduce its carbon footprint and align with global sustainability goals. Carbon credit accounting has become a pivotal tool for balancing environmental and economic objectives, yet its complexity demands robust systems that blend effective management practices with advanced information technology (IT). This paper investigates the synergy between management principles and IT innovations in strengthening carbon credit accounting processes within the oil sector. It explores how management frameworks, such as strategic planning and decision-making, integrate with IT tools like data analytics, automation, and cloud-based solutions to enhance accuracy, transparency, and efficiency. By analyzing successful case studies and current practices, the study identifies best practices and challenges in the adoption of IT-driven carbon credit systems. The findings underscore the importance of interdisciplinary approaches, combining managerial expertise with technological capabilities, to achieve reliable and scalable carbon credit mechanisms, fostering sustainability in oil sector operations.