Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 71

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 71
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 2025 |  2026 |  2027 |  2028 |  2029 | 2030 onwards | 12.31.2024 |
| Provision for decommissioning costs | 1,696 | 2,593 | 2,153 | 2,340 | 1,724 |       15,697 |     26,203 |

The effect of a change in the discount rate (key
assumption) may result in material variations of the provision, as outlined below.

| 64 |

| INDEX |

| Sensitivity to the discount rate (1)       | Effects on provision for decommissioning costs | Effects on carrying amounts of assets | Effects on other income and expenses |
| Increase of 0.5 percentage points          |                                         -1,631 |                                -1,484 |                                 -146 |
| Decrease of 0.5 percentage points          |                                          1,796 |                                 1,629 |                                  166 |
| (1) It includes liabilities held for sale. |                                                |                                       |                                      |

The transfer to liabilities held for sale refers
to the register and revision of the provision associated with E&P assets in the divestment process and classified as assets held for
sale.

Accounting policy for decommissioning costs

The initial recognition of legal obligations to
remove equipment and restore land or sea areas at the end of operations occurs after the declaration of commercial feasibility of an oil
and gas field. The calculations of the cost estimates for future environmental removals and recoveries are complex and involve significant
uncertainties (as set out in note 4.6).

The estimates of decommissioning costs are reviewed
annually based on current information on expected costs and recovery plans. When the revision of the estimates results in an increase
in the provision for decommissioning costs, there is a corresponding increase in assets. Otherwise, if a decrease in the liability exceeds
the carrying amount of the asset, the excess shall be recognized immediately in profit or loss, within other income and expenses.

| 21. | Other assets and liabilities |

| Assets                                                                    |    | 12.31.2024 | 12.31.2023 |
| Escrow account and/ or collateral                                         | -a |        750 |      1,009 |
| Advances to suppliers                                                     | -b |      2,207 |      1,814 |
| Prepaid expenses                                                          | -c |