Company: PBR
Filing Date: 2025-05-28
Form Type: 6-K
Source: 0001292814-25-002246
Chunk: 2

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-28
Form: 6-K
Chunk 2
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 11,511 million for the period Jan-Mar/2024,
mainly due to a US$ 474 million decrease in oil products imports, which derives from a US$ 782 million decrease in average oil
products import prices following the reduction in average international prices, which was partially offset by a US$ 308 million increase
in import volumes.

Income (Expenses)

| US$ million                         | Jan-Mar/2025 | Jan-Mar/2024 | Change 
    (%) |
| Selling expenses                    |       -1,090 |       -1,333 |  -18.2 |
| General and administrative expenses |         -444 |         -447 |   -0.7 |
| Exploration costs                   |         -313 |         -135 |  131.9 |
| Research and development expenses   |         -202 |         -183 |   10.4 |
| Other taxes                         |         -123 |         -140 |  -12.1 |
| Impairment (losses) reversals, net  |          -50 |            9 |      - |
| Other income and expenses, net      |         -890 |       -1,044 |  -14.8 |
| Total                               |       -3,112 |       -3,273 |   -4.9 |

Selling expenses were US$ 1,090 million
for the period Jan-Mar/2025, an 18.2% decrease (US$ 243 million) compared to US$ 1,333 million for the period Jan-Mar/2024,
mainly due to lower logistical expenses related to natural gas transportation and lower volumes of crude oil exports.

Exploration costs were US$ 313 million
for the period Jan-Mar/2025, a 131.9% increase (US$ 178 million) compared to US$ 135 million for the period Jan-Mar/2024, mainly
due to exploration expenditures written off related to blocks C-M-753 and C-M-789 in the Campos Basin, reflecting the assessment of the
projects' lack of economic feasibility, which resulted in the decision not to proceed with their development.

Other income and expenses, net was a US$ 890
million expense in Jan-Mar/2025, a 14.8% decrease (US$ 154 million) compared to a US$ 1,044 million expense for the period Jan-Mar/2024,
mainly due to (i) higher income from