ABSTRACT. - Oil industry within climate change. Scenarios regarding the evolution of energy sector in the next decades confirm the upholding of oil’s role in providing the resources needed. Oil industry companies represent in this context actors of whom action modality becomes significant for emission reduction and climate change adaptation. Our paper aims to explore the challenges of energy sector, the perspectives oil demand and supply and which is the position of the most prominent oil companies at international and national level in approaching climate change. The results show that one of the most important climate change stakeholder records a lag in the general effort invested in finding solutions for this global problem.
Key words: energy security, GHG emissions, climate change, environmental reporting