Company: PBR
Filing Date: 2025-08-22
Form Type: 6-K
Source: 0001292814-25-003142
Chunk: 9

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-22
Form: 6-K
Chunk 9
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[1]

In the period Jan-Jun/2025, the gross profit for
the E&P segment was US$ 16,073 million, a decrease of 15.0% compared to the period Jan-Jun/2024, mainly due to the reduction
in sales revenues which reflect lower Brent prices, partially offset by increased crude oil and NGL production during the period.

Operating income was US$ 13,489 million
in the Jan-Jun/2025 period, a decrease of 19.3% compared to the period Jan-Jun/2024, mainly driven by increased expenses resulting from
the provision for the equalization of expenditures and volumes related to the approval of the Jubarte Production Individualization Agreement,
higher exploration expenditures write-offs related to blocks C-M-753 and C-M-789 in the Campos Basin, in addition to higher impairment
losses mainly due to the Uruguá CGU and Cherne Cluster, partially offset by lower tax expenses in comparison to the period Jan-Jun/2024.

In the period Jan-Jun/2025, the production taxes
were US$ 5,354 million, a decrease of 9.7% compared to the period from Jan-Jun/2024 caused primarily by the lower prices.

Operational information

| Production in thousand barrels of oil equivalent per day (mboed) | Jan-Jun/2025 | Jan-Jun/2024 | Change (%) |
| Crude oil, NGL and natural gas – Brazil                          |        2,808 |        2,703 |        3.9 |
| Crude oil and NGL (mbbl/d)                                       |        2,266 |        2,196 |        3.2 |
| Natural gas (mboed)                                              |          542 |          507 |        6.9 |
| Crude oil, NGL and natural gas – Abroad                          |           31 |           34 |       -8.8 |
| Total (mboed)                                                    |        2,839 |        2,737 |        3.7 |

Production of crude oil, NGL and natural gas was
2,839 mboed in the period Jan-Jun/2025, representing an increase of 3.7% compared to Jan-Jun/2024, mainly due to the ramp-up
of: (i) the FPSO Almirante Tamandaré in the Búzios field