Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 18

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 18
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 current 30% to around
20% of the world’s primary energy sources.

The Brent price considered in the reference scenario
of the Business Plan decreases from US$80 per barrel in 2024 to US$65 per barrel in 2050. For additional information about the behavior
of the Brent price, considered in the Company's Business Plan reference scenario, please see note 25. The following table compares the
oil price used in the reference scenario of the Strategic Plan for the years 2030 and 2050 with those projected in the Announced Pledges
Scenario (APS) and Net Zero Emission (NZE) scenarios by the International Energy Agency (IEA), even though they are not directly used
by the Company:

| 16 |

| INDEX |

| Brent price US$/Barrel | 2030 | 2050 |
| PN                     |   65 |   65 |
| APS                    |   72 |   58 |
| NZE                    |   42 |   25 |

According to the IEA, the APS scenario considers
that all climate commitments made by governments around the world, including Nationally Determined Contributions (NDCs), as well as long-term
net-zero targets, will be met in full and on time, with an increase of approximately 1.7C in temperature by 2100 (with a 50%
probability of occurrence). As for the NZE scenario, according to the IEA, it presents a pathway for the global energy sector to achieve
net-zero CO emissions by 2050, consistent with limiting the temperature increase to 1.5 °C (with at least a 50% probability
of occurrence).

The Business Plan also includes Company's actions
to achieve the carbon sustainability commitments, such as low-carbon Research and Development (R&D) projects and decarbonization projects
for operations. These actions aim to address transition risks as well as reflect climate opportunities.

The Company's accounting estimates did not incorporate
the effect of carbon pricing. Currently, there are uncertainties regarding the structure and dynamics of a future carbon market in Brazil,
and there is no sufficient and reliable information available to assess the effects of carbon price.

The Company's accounting estimates did not incorporate
the effect of carbon pricing. Currently, due to uncertainties regarding the implementation and dynamics of the carbon market in Brazil,
the Company considers it necessary to await the regulation of Law No. 15,042 in 2024, which establishes the SBCE