Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 40

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 40
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 basin (blocks C-M-657 and C-M-709) in the amount R$ 1,241; (ii) a R$ 201 impairment reversal of property,
plant and equipment after management approval of the return of the operational activities of the fertilizer plant ANSA; (iii) a R$ 66
impairment reversal of property, plant and equipment following the increase of the occupied area of building Torre Pituba; and (iv) a
R$ 60 impairment reversal of equity-accounted investments, following the approval for the sale of the Company’s 18% interest in
the share capital of UEG Araucária S.A., resulting in the reclassification of this equity-accounted investment to assets classified
as held for sale and its registration at fair value less costs to sell.

| 20. | Exploration and evaluation of oil and gas reserves |

Changes in the balances of capitalized costs directly
associated with exploratory wells pending determination of proved reserves and the balance of amounts paid for obtaining rights and concessions
for exploration of oil and natural gas (capitalized acquisition costs) are set out in the following table:

| 48 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise indicated) |

|                                                                                                          |         | Consolidated |
|                                                                                                          |    2025 |         2024 |
|                                                                                                          | Jan-Sep |      Jan-Sep |
| Capitalized Exploratory Well Costs/Capitalized Acquisition Costs (1)                                     |         |              |
| Property, plant and equipment                                                                            |         |              |
| Opening Balance                                                                                          |   9,131 |        7,321 |
| Additions                                                                                                |   4,060 |        1,324 |
| Write-offs                                                                                               |     -29 |         -124 |
| Transfers                                                                                                |    -487 |            − |
| Cumulative translation adjustment                                                                        |    -174 |           39 |
| Losses on projects without economic viability                                                            |    -252 |           -2 |
| Closing balance                                                                                          |  12,249 |        8,558 |
| Intangible                                                                                               |         |              |
| Opening Balance                                                                                          |   9,966 |       11,197 |
| Additions                                                                                                |       − |          108 |
| Losses on projects without economic viability                                                            |    -946 |       -1,239 |
| Closing balance