EBX Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Arrest of Eike Batista
Eike Batista, the founder and former chairman of EBX, was arrested amid Brazilian legal proceedings. The available reference does not specify the charges in sufficient detail for a fuller account here.
2014
EBX Group bankruptcy protection
EBX Group sought bankruptcy protection after debt pressure, operating problems, and deteriorating market confidence spread across its portfolio.
2013
OGX collapse and bankruptcy protection
OGX’s production and financing difficulties became a major part of the wider EBX crisis. The company entered bankruptcy protection in 2013, undermining confidence in the group’s resource-development model.