Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 1

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 1
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 date on which they are made. There is no assurance that the expected events, trends or results will actually occur.
 We have made forward-looking statements that address, among other things:
 
–                  Our               
    marketing and expansion strategy;
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–                              Our                            
    exploration and production activities, including drilling;
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–                                               Our                                            
     activities related to refining, import, export, transportation of oil, natural gas and oil
    products, petrochemicals, power generation, biofuels and other sources of renewable energy;
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–                                              Our                                           
    commitment with respect to ESG practices and low carbon and environmental sustainability;
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–                                    Our                                  
    projected and targeted capital expenditures, commitments and revenues;
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Annual Report and Form 20-F 2024 I

–                  Our               
    liquidity and sources of funding;
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–                                   Our                                
    pricing strategy and development of additional revenue sources; and
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–                             The                           
    impact, including cost, of acquisitions and divestments.
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 Our forward-looking statements are not guarantees of future performance and are subject to assumptions that may prove incorrect and to risks and uncertainties that are difficult to predict. Our actual results could differ materially from those expressed or forecast in any forward-looking statements as a result of a variety of assumptions and factors. These factors include, but are not limited to, the following:
 
–               Our             
    ability to obtain financing;
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–                                            General                                          
    economic and business conditions, including crude oil and other commodity prices, refining
                              margins and prevailing exchange rates;                          
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–          Global       
    economic conditions;
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–                                              Our                                           
    ability to find, acquire or gain access to additional reserves and to develop our current
                                      reserves successfully;                                 
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–                                          Uncertainties                                       
    inherent in making estimates of our oil and gas reserves, including recently discovered oil
                                         and gas reserves;                                     
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–   Competition;
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–                                       Technical                                    
    difficulties in the operation of our equipment and the provision of our services;
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–                                           Changes                                         
    in, or failure to comply with, laws or regulations, including with respect to fraudulent
                               activity, corruption and bribery;                            
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–                   Receipt                
    of governmental approvals and licenses;
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–                                           International                                         
    and Brazilian political, economic and social developments, including the role of the Brazilian
                     government, as our controlling shareholder, in