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  • Recently, though, investors soured on some of Mr. Batista's holdings, after perceived delays in OGX's oil production and the failure last year by OSX Brasil SA, a shipbuilding unit, to get a much-needed environmental license.

    Brazil's OGX Hit By Reserve Estimate

  • Even before Monday's $6.9 billion drop in the market capitalization of OGX, Mr. Batista's companies had lost roughly $5 billion in market value since last October, according to data compiled by Economatica, a Sao Paulo-based market-research firm.

    Brazil's OGX Hit By Reserve Estimate

  • SAO PAULO—Brazilian billionaire businessman Eike Batista has acquired control of Canadian gold-mining company Ventana Gold Corp. in a deal valued at $1.5 billion, Batista's holding company said Wednesday.

    Brazil's Batista Buys Ventana for $1.5 Billion

  • Mr. Batista's plans could have a significant impact on a country that is growing fast but has serious infrastructure inadequacies.

    EBX Expects to Unveil Car Maker Partnership by July

  • Excited investors are placing a value of about $5 a barrel on Batista's subsidiary OGX's estimated seven billion barrels of shallow water oil reserves.

    Pepe Escobar: Is Brazil the New United States?

  • Mr. Batista's investment vehicle, Centennial Asset Mining Fund, purchased structured notes equal to 46.8 million shares, or about 1.45% of the oil company that Mr. Batista took public in 2007.

    Batista Lifts Stake in Oil Company OGX

  • To handle a massive oil discovery that it is preparing to begin pumping off the Brazilian coast, Mr. Batista's company is building the nation's largest shipping port, capable of handling ships with 25-meter drafts.

    Brazil's Batista Expects to Be World's Richest Person

  • OSX, a ship building business closely tied to Mr. Batista's oil business, fell 11%.

    Brazil Market's Fall Outpaces Others

  • Mr. Batista's OGX Petroleo & Gas Participacoes SA, an oil producer, fell 13%.

    Brazil Market's Fall Outpaces Others

  • To be sure, Mr. Batista's companies have been falling in recent weeks on concern that their valuations were too high considering their revenues.

    Brazil Market's Fall Outpaces Others

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