Energy Saving Plan

now browsing by category

 

A Summary of Talos Energy Incorporation

Talos Energy Incorporation is headquartered in Houston, Texas. The oil and gas company was established in 2012, by Timothy Duncan, a professional business administrator with over ten years of managerial experience.

Talos cooperates with a team of scientists and technicians who are dedicated to acquiring and exploiting under-valued and under-exploited natural resources in the Gulf of Mexico, and South Louisiana.

The company uses cutting-edge technology, and modern geophysical data to evaluate and extract value from the neglected natural resources. Over the years, Talos Energy has become a champion in offshore oil drilling and exploration.

Also, the independent oil and gas company funds third-party companies, which require capital to execute exploration drilling programs, as well as produce oil and gas for global energy needs. Some of the companies, which Talos Energy has recently acquired, include Whistler Energy and Stone Energy.

Who are the brains behind the success of Talos Energy? The oil and gas company runs under the management of an able team of executives with decades of experience. Some of the key figures that make up Talos’ team of administrators are:

  1. Timothy S. Duncan

Timothy S. Duncan is the company’s founding chief executive officer. Before co-founding Talos, Tim worked as a senior administrator at Phoenix Exploration Company, Gryphon Exploration Company, Zilkha Energy Company, and Amerada Hess Corporation. He has a master’s in Business Administration and a bachelor’s in Petroleum Engineering.

  1. Gregory A. Beard

Mr. Beard serves in Talos’ investment officer. He oversees Talos’ natural- resources related investments. He has two decades of industry experience in the world’s Finance and natural resources sector. Before joining Talos Energy, Gregory Beard worked at Goldman Sachs, CSV Midstream, and Pinnacle Agriculture Holdings.

  1. Christine Hommes

Christine Hommes is a trained economist and systems engineer. Before joining Talos Energy, Ms. Hommes worked as an investment officer at First Reserve, a financial expert at UBS, and a board member at Chisholm Oil and Gas.

  1. Robert M. Tichio

Mr. Tichio serves as Talos’ board member. Previously, Talos worked as an investment officer of Goldman Sachs, and a senior administrator at EP Energy Corporation, and Northern Blizzard Resources. He has a master’s degree from Harvard Business School.

His Facebook page 

Venezuela Trying to Cope With Food and Water Shortage.

Many Venezuelans like David Osio have been hit hard by falling oil prices and need to come with new and inventive ways to put food on the table.

Inflation in Venezuela has hit more than 64 percent and basic necessities such as food, cleaning products, diapers and clothing have simply become out of reach for the average citizens of that country.

According to an article in the Guardian, Venezuela is 95 percent dependent on the export of oil. And with oil prices staying stubbornly low, it does not appear that relief is on the horizon. In an attempt to try to stabilize the situation, President Nicolás Maduro is traveling the globe seeking help from other countries such as Russia where he was able to get financial investment money that should help the precarious situation. (http://www.theguardian.com/world/2015/jan/16/venezuela-struggle-streets-inflation-shortages-oil-slump)

Venezuelans like David are fed up with having to deal with their crippling economy and have resorted to fending for themselves by starting to grow their own crops. Many people have started little backyard gardens in an attempt to assuage their food shortage.

In addition to the economic instability, Venezuela has now also been hit hard by a major drought. This further complicates the food shortage problem. President Maduro has declared for the next couple of months a four-day work week for public employees and encouraged everyone else to save on water and electricity. (http://www.npr.org/sections/thetwo-way/2016/04/08/473530231/to-save-power-venezuela-gives-public-employees-fridays-off)

It is unclear how this country will overcome these trying times, but it is clear however that Venezuelans are fed up with their President and have taken to the streets in protest and want their leaders to come up with real solutions and fast.