Category Archives: Success

George Soros, A Capitalist Who Believes In The Unparalleled Benefits Of Open Societies

The world consists of two types of visionaries, the first group believes in the power of oppression, while the second group, believes in the immense benefits of living in a humanist world that consists of open societies. While the term, open societies hasn’t quite caught on with many, the benefits of these societal structures are recognized by many leaders who are also humanitarians. One such humanitarian is George Soros, who is part of the Open Society Foundation and has donated $18 Billion in the attempt of creating a better society that promotes a consistent humanistic approach.

Open societies are built on the ideology, that no one has a right to monopolize the truth and that people are different in many ways, societies should be built around allowing people and various communities to live together in harmony. The dire need for an open society in today’s world arises due to governments and other social structures acting like dictators where they believe in an ultimate truth, and aren’t afraid to use the weapon of oppression to achieve their goals.

George Soros understands first hand about these concepts, as he had a modest beginning. He was born to a family that did not have much in the means of wealth but had more important things such as compassion. He completed his education by paying for it through working as a railroad porter and a waiter, soon after that, he worked as a hedge fund manager who was responsible for handling the accounts of various clients who were essential to the success of the financial sector. When George Soros was in a position to start contributing to the welfare of people, this philanthropist actively began providing funds to various causes, such as the end poverty cause in Africa. For this particular noble mission, he donated $75 million, as this project was geared mainly at aiding the efforts of the Millennium Promise and Millennium Villages Project which was aimed at bringing in essentials such as food, water, and electricity to that country.

George Soros has also positively influenced policy changes, promoted education in minorities while ensuring that minorities gain their rights to live a dignified life. His primary purpose in aiding minorities is to protect people from acts of police brutality all while empowering these humans to be able to live a life that is free from harassment due to profiling, segregation, and discrimination.

At the age of 87, George Soros continues on his path to free people from oppression, through the work done by his Open Society Foundation. He has created an article called, The Capitalists Threat which was published on The Atlantic, and this article elaborates on the need for Open Societies that let people of different standings live together without being oppressed.

Like all visionaries, George Soros has been targeted by conspiracy groups on various occasions especially because of all the good work he has done in his lifetime. He has been accused of undermining the American way of life, along with other baseless allegations. Ironically, these falsified claims only stand to prove the urgent need for an open society where philanthropists and humanitarians are the deserving leaders that guide the rest of the world with utmost compassion and kindness.

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Talos Energy’s Quiet Rise In the Energy Markets

Talos Energy’s private well sunk into Mexican waters is the first private well in over 80 years to be dropped by a private entity. This well is being dug by Talos Oil of Houston, Premier Oil of London and Sierra Oil & Gas of Mexico. The drilling commenced on May 21, 2017. This development marked the amendments made by Mexico in a move aimed at welcoming back foreign competition into its energy market. Mexico had in 1938 nationalized the oil industry which created a monopoly for oil company Petroleos Mexicanos operated by the state. These three firms won the bid that gave those rights to prospect oil in 2015.

This well sank in Sureste Basin which borders the state of Tabasco was estimated to be holding 100-500 million barrels of crude oil during prospection. The drilling took 90 days to complete and cost $16 million to Premier Oil. This move to allow private investors in the energy industry is expected to revive the sector, which at present is not doing too well. Experts have voiced their opinions saying that the project has a high chance of success owing to the structure of the basin around which the crude oil well has been dug. Talos is operating the well with a 35% stake, and Premier holds 25% stake in the venture. The most significant stake is held by Mexico’s Sierra Oil and Gas.

Talos Energy LLC is a privately owned oil and gas company based in Houston. The company is mainly focused on exploring and acquiring oil and gas property concentrated around the Gulf Coast and the Gulf of Mexico. Talos is funded by Riverstone Holdings LLC, Talos management and Apollo Global Management, LLC. Talos acquired Energy Resource Technology GOM, Inc. for $620 million. Energy Resource Technology is a subsidiary of the Helix Energy Solutions Group that dealt with oil and gas. The Helix Energy Solutions Group has its headquarters in Houston, TX. It was an offshore energy company that had made leeway into international markets. Talos Energy acquired an asset which offers it development solutions other vital services to the energy market.

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