Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 17

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 17
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 Decarbonization Program for Natural Gas Producers        
 and Importers and Incentives for Biomethane. Additionally, it modifies the maximum and minimum limits of the ethanol blend in gasoline         
 and the biodiesel blend in diesel fuel and provides for the regulation and oversight of carbon dioxide capture and geological storage          
 activities, as well as the regulation of synthetic fuel production and commercialization. It also promotes the integration of initiatives      
 and measures adopted under the National Biofuels Policy (RenovaBio), the Green and Innovation Mobility Program (Programa Mover), the Brazilian 
 Vehicle Labeling Program (PBEV), and the Vehicle Emissions Control Program (Proconve).                                                         |                                                                                                                                                                            |                     |
| (2) Criteria adopted for the time horizon: short term (1 year), medium term (between 1 and 5 years), and long term (more than 5 years).        |                                                                                                                                                                            |                     |

The risks above were considered in the development
of the Company's Business Plan 2025-2029 (PN 25-29). Such consideration was based on the following external environment assumptions that
reflect the dynamics of the energy sector:

| • | Moderate                                     
 economic growth compared to the recent past; |

| • | Shifts                               
 in consumption habits and behaviors; |

| • | Public                                                                                               
 policies focusing on mobility, air quality and adaptation of urban infrastructure to climate change; |

| • | International                                    
 coordination in efforts to reduce GHG emissions; |

| • | Reduction             
 in the GHG emissions; |

| • | Regulations                                                                                                       
 in favor of energy transition and decarbonization, which will drive the reduction of fossil fuel consumption; and |

| • | Diffusion                                                                 
 of end-use technologies that reduce the need for fossil fuel consumption. |

As a result of this, demand and prices, both domestic
and international, of the main products considered in the PN 25-29 are negatively affected.

In 2024, the Company adopted three distinct scenarios
that are used for different purposes in its planning activities. These scenarios are called Adaptation, Negotiation, and Commitment. In
all of them, there is a slowdown and subsequent contraction of fossil fuel sources. The Negotiation scenario, which is used as a reference
scenario for quantifying the Company's Business Plan, considers that fossil fuels, which currently represent approximately 80% of the
world’s primary energy sources, will represent around 48% by 2050. The share of oil will decrease from the