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Oleo e Gas Participacoes SA Message Board

  • oscoutspa oscoutspa Dec 17, 2011 10:04 AM Flag

    Eike Batista in the News

    Setting this up for Eike Batista articles, love 'em or hate 'em.

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    • http://www.businessweek.com/news/2013-02-06/brazilian-batista-drops-from-world-s-100-richest-ranking

    • FROM MPX:

      the first TURBINE of the PARNAÍBA TPP I STARTS COMMERCIAL OPERATION

      Rio de Janeiro, February 1, 2013-MPX Energia S.A. ("COMPANY" or "company") (Bovespa: MPXE3, GDR i: MPXEY), a diversified energy company with the largest portfolio of integrated enterprises already licensed South American energy and complementary business in power generation and natural gas exploration, communicates the market that, in February 1, 2013the Parnaíba thermal power plant I ("I" or "Venture Shanghai"), in the State of Maranhão, received authorization from Aneel (National Agency for electric energy) to start commercial operation of the first turbine, with 169 MW installed capacity. Parnaíba I have total 676 MW installed capacity, consisting of four 169 MW gas turbines each.

      "The first commercial generation Parnaíba turbine I marks the beginning of the operation of what will be the biggest integrated gas generation pole of Brazil", said Eduardo Karrer, CEO and investor relations officer of MPX. "We acquired the project less than two years ago, we capitalize our synergies with OGX and created a unique business platform," concluded Eduardo Karrer.

      Parnaíba I began to supply power to the National interconnected system (SIN) in January 19, 2013, in character, having generated approximately 32 thousand MWh during this period. With the adoption of the Declaration of Commercial Operation (DOC) of the first turbine, this shall be remunerated under the terms of the contract of energy trading in the Regulated Environment (CCEAR) ensured in the energy auction-5 of 2008.

      The venture, a 70/30 partnership between MPX and Petra Energia S.A., sold 450 MW/year, for a period of 15 years. The contract ensures a total minimum annual revenue of R $ 421,2 million (base: October 2012), indexed to the IPCA (Broad consumer price index – IBGE) and additionally a variable revenue to cover the costs (fuel, maintenance and operation) incurred when the plant is dispatched by the national system operator (ONS).

      Eduardo Karrer
      Chief Executive Officer and investor relations officer

    • I believe same guy who sued Chevron for $20 billion

      http://www.bloomberg.com/news/2013-01-31/batista-s-llx-osx-fall-as-brazil-prosecutor-seeks-work-halt.html

    • http://www.economist.com/news/business/21569450-brazilian-firms-fight-huge-and-unpredictable-tax-bills-nothing-certain

    • http://estadao.br.msn.com/economia/o-que-2013-reserva-para-eike-batista-1

    • Is this about investing or some fan club? This batista guy is pathetic. Reminds me of george costanza without ever being funny.

    • Ogxpy is tanking. Is this board about investing or personality cult?

    • [RUMOUR]: from Veja Radar Blog:

      "Eike Batista decided to give a shakeup in the mind of x. met yesterday afternoon to Board of Directors of all its companies in the Auditorium of the headquarters building of the EBX Group.

      Was kind of a motivational speech, Eike as a speaker, to convince the executives that the group is solid and will outlast the crisis.

      Yesterday, too, Bloomberg released a ranking in which Eike appears as the third richest man in Brazil."

    • Is this guy going to start a reality show after going broke? He does not look funny, comes across more like an idiot.

    • http://www.bloomberg.com/news/2012-12-13/brazilian-batista-s-wealth-down-x-billion-on-ebx-pledge.html

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