Monday, 28 October 2013

Insight: Delays, clashes hinder attempts to salvage Batista's OGX

Batista, CEO of EBX Group, talks during a ceremony in celebration of the start of oil production of OGX in Rio de Janeiro By Guillermo Parra-Bernal, Jeb Blount and Nick Brown SAO PAULO/RIO DE JANEIRO/NEW YORK (Reuters) - Attempts to save Eike Batista's flagship oil company, the business most responsible for the meltdown of his once high-flying industrial empire, have been hampered by internal conflict and unpredictable decisions by the Brazilian tycoon, sources with direct knowledge of the situation told Reuters. ...




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