Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

Greece: ExxonMobil, Energean and...

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean,...

Croatia: CROPEX electricity trading...

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on...
Supported byClarion Energy
HomeSEE Energy NewsNorth Macedonia: OKTA...

North Macedonia: OKTA recorded a 95% lower profit in H1

Oil refinery OKTA, owned by Greek Hellenic Petroleum, recorded a net profit of 600,000 euros in the first half of 2023, compared to a profit of 12.4 million euros recorded in the same period last year.

OKTA’s sales revenues dropped by 14% in the first six months, reaching 364.5 million euros, of which 266 million euros was achieved in the domestic market (19 % decrease compared to H1 2022) and 97.5 million euros in the foreign markets, which is 20% less compared to the first half of last year.

OKTA remains the main supplier of fuel in North Macedonia, covering more than half of the needs of the domestic market.

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: Parapet and Alerion sign seven new solar projects totaling 80 MW

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian renewables developer Alerion, expanding their long-term partnership with projects totaling nearly 80.8 MW across Romania and Italy. Construction will take place in Romania’s Teleorman and Călărași counties...

North Macedonia: Day-ahead power trading jumps 82% year-on-year in October 2025

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh, marking an 81.7% increase compared to the same month last year and a 43% rise from September. According to the market operator MEMO, the average market-clearing price...

Greece: ExxonMobil, Energean and Helleniq launch new offshore exploration phase in Ionian Sea

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean, and Helleniq Energy signed a farm-in agreement granting them joint ownership of 60% in Block 2 of the Ionian Sea, located northwest of Corfu. The signing...
Supported byVirtu Energy
error: Content is protected !!