Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 97

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 97
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 |  153 |
| Increase (decrease) in cash and cash equivalents |    203 | -1,133 |  -51 |   39 |

The Credit Rights Investment Fund (FIDC) is a fund
mainly intended to securitize “performed” and “non-performed” credits for operations carried out by the Company’s
subsidiaries, aiming to optimize cash management.

TBG is an indirect subsidiary which operates in
natural gas transmission activities mainly through Bolivia-Brazil Gas Pipeline. The Company holds 51% of interests in this indirect subsidiary.

| 28.5. | Summarized information on joint 
 ventures and associates         |

The Company invests in joint ventures and associates
in Brazil and abroad, whose activities are related to petrochemical, refining, production, trade and logistics of oil products, gas distribution,
biofuels, thermoelectric power plants, and other activities. Condensed financial information is set out below:

|                                       |           |                        |                |          2024 |           |                        |                |          2023 |
|                                       |           |                        | Joint ventures | Associates(1) |           |                        | Joint ventures | Associates(1) |
|                                       | In Brazil | MP Gulf of Mexico, LLC |          Other 
      companies 
         abroad |               | In Brazil | MP Gulf of Mexico, LLC |          Other 
      companies 
         abroad |               |
| Current assets                        |       345 |                    400 |            271 |         6,102 |       330 |                    537 |            275 |         7,910 |
| Non-current assets                    |       242 |                      6 |             22 |         3,365 |       272 |                     66 |              9 |         2,591 |
| Property, plant and equipment         |       418 |                  1,808 |            305 |         6,594 |       525 |                  1,863 |            189 |         8,082 |
| Other non-current assets              |        29 |                      − |              − |         1,267 |        41 |                      1 |              − |         1,263 |
|                                       |     1,034 |                  2,214 |            598 |        17,328 |     1,168 |                  2,467 |            473 |        19