Romania: Electricity consumption slightly...

According to data from the National Institute for Statistics (INS), electricity consumption in...

Greece: PPC advances major...

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on...

Greece: Natural gas demand...

The Greek natural gas transmission system operator DESFA reported that total natural gas...

Bosnia and Herzegovina: RS...

The Ministry of Energy and Mining of the Republic of Srpska (RS) has...
Supported byClarion Energy
HomeSEE Energy NewsNorth Macedonia, Oil...

North Macedonia, Oil refinery OKTA recorded a net profit in the amount of 10.1 million euros in 2022

North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum recorded a net profit in the amount of 10.1 million euros in 2022, compared to a profit of 7.4 million euros recorded in the previous year, which is a 36 % increase.

The company’s sales revenues amounted to 977 million euros in 2022, which is 129 % more than in 2021. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 14.8 million euros, a 9 % increase year-on-year .

In the fourth quarter alone, OKTA recorded net loss of 3.75 million euros, with revenues in the amount of 235.5 million euros.

Sign up for updates & special reports

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: Electricity consumption slightly declines in first eight months of 2025, solar generation surges 35%

According to data from the National Institute for Statistics (INS), electricity consumption in Romania during the first eight months of 2025 totaled 33.3 TWh, a decline of 0.8% compared to the same period in 2024. Industrial electricity consumption reached 25.06...

Greece: PPC advances major solar and energy storage projects

The PPC Group is accelerating renewable energy projects in northern Greece, focusing on the former lignite power plant sites of Ptolemaida, Kardia, Agios Dimitrios, and Amyntaio. Once fully operational, the solar power plants currently under construction are set to...

Greece: Natural gas demand surges 16.7% in first nine months of 2025 driven by exports and LNG growth

The Greek natural gas transmission system operator DESFA reported that total natural gas demand, including exports, reached 56.36 TWh in the first nine months of 2025, up 16.7% from 48.31 TWh in the same period in 2024. The main driver...
Supported byVirtu Energy
error: Content is protected !!