Assume that my team is responsible for all financial control and
management accounting functions of a large Australian publicly listed
corporation in the oil industry. In this case I will say the
australian division of caltex is my company.

Since the turn of the millennium the world has experienced major
terrorist attacks, war and threats of war, significant falls in stock
prices and indices, and major company failures. At present there are
no indications that these will end in the immediate future. Companies
preparing their strategic plans and budgets face an uncertain future.

As the team responsible for financial control and management
accounting functions in your corporation I am required to prepare a
discussion paper addressed to the CEO discussing the major issues that
will shape caltex's strategic plan for the next five years.

I would like the info to be dedicated to the major issues (so if you
could point out the issues for me and maybe discuss them a bit that
would be great) relevant to caltex's strategic plan. I would also like
an indication of the company's vision, mission and objectives for the
next five years.

Good links to info would be greatly appreciated as well. But
elaborating on the major issues facing the companys strategic plan is
most important, and also info on what the vision, mission and
objectives would be great. If you can't give heaps of info thats ok,
just something to get me started so i can write a lot would be great.
2000 - 3000 words would be sufficient. Even more would b great.

I am listing out a few key risk elements to be taken care in various
segments for oil industry, while preparing the strategy plan.

Oil exploration and extraction risks
1.country,2.trade restrictions,3..variation and cancellation of
licensing, 4.natural causes like storm,earthquake,etc,and unnatural
causes like war, terrorism,5.blowout,6.reservoir turning sick,7.need
for additional investments, consumables to continue extracting an
existing reservoir,8.search and development costs for new reservoirs
to replace existing reservoirs or for growth in demand,9.
competing/future competing reservoirs,10. own or jointventure to
manage risk, 11.Manpower availability/training risk.12.safety costs

Refining risk
1.build or outsource,purchase assets,raw materials and their
management,2.Technology Management, 3.quality, 4.cost
management,5.location risks like from earth quake to war and
terrorism,6.Competition,7.safety

Transportation risks
1.how to move economically by ship,road,train,pipeline?2.Varied risks
for the transport mix for 1 above,3.adjusting connectivity for new
growth in demand/supply, 4.own or hire to manage risk,5. Logistics
management,6.Natural causes and unnatural causes like war, Terrorism
attacks,7.safety

Finance risks
1.Arranging/managing debts,2. Arranging/managing equity,3.Investor
relationship,4.Tax compliance/benefits,5. options and
futures,6.interst rates, 7.Contractual risks including default risk

Distribution risks
1.Channel creation,management,etc.,2.customer satisfaction,3.Matching
products and quality with needs,4.Brand creation,
management,etc,5.Competition,6.Debt collection and management,
7.safety,8.competition

Information risks
1. Technology and asset management,2.manpower planning,3. Data
logging,4.data management,analysis and projection,5.Data
mining,6.growth management

The strategy plan needs to address the following concerns for the
above risks:
a.present position
b.expected future position
c.unexpected risks crystallising and their management
d.insure or self manage these individual risks
e.plan for continuously visulaising newer unidentified risks and their
management