Power Markets

Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
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OKTA

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North Macedonia: OKTA reports strong profit growth despite lower revenues in 2025

North Macedonian oil refinery OKTA, owned by Greece’s Hellenic Petroleum, reported a net profit of 7.3 million euros in the first nine months of...

North Macedonia: Okta’s net profit declined to 3.1 million euros in 2023

Macedonia-based oil refinery Okta announced that its net profit declined by 65% in 2023 to 191.7 million denars (3.1 million euros). In the same period,...

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...

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...

North Macedonia, OKTA recorded a net profit in the amount of 12.3 million euros

North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum recorded a net profit in the amount of 12.3 million euros in the first...

Macedonia, OKTA refinery recorded profit in 2021

North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum recorded a net profit in the amount of 6.2 million euros in 2021, compared...

Latest news

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows...

Bosnia and Herzegovina: RS Minister confident Dabar hydropower plant to boost eastern Herzegovina by 2027

Minister of Energy and Mining of the Republic of Srpska, Petar Djokic, expressed optimism that the Dabar hydropower plant will be completed by the...
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