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Related-party transactions (Tables)
 12 Months Ended
Dec. 31, 2023
Notes and other explanatory information [abstract]  
Schedule of balances of significant transactions
       
    12.31.2023   12.31.2022
  Assets Liabilities Assets Liabilities
Joint ventures and associates        
Petrochemical companies (associates) 45 4 21 10
Other associates and joint ventures 95 10 72 21
Subtotal 140 14 93 31
Brazilian government – Parent and its controlled entities        
Government bonds 1,819 − 1,689 −
Banks controlled by the Brazilian Government 15,526 2,119 11,811 1,567
Petroleum and alcohol account - receivables from the Brazilian Government (note 14.1) 278 − 602 −
Brazilian Federal Government (1) − 1,378 − 1,422
Pré-Sal Petróleo S.A. – PPSA − 28 − 57
Others 138 80 58 71
Subtotal 17,761 3,605 14,160 3,117
Petros 64 305 56 301
Total 17,965 3,924 14,309 3,449
Current 2,684 1,676 2,603 2,119
Non-Current 15,281 2,248 11,706 1,330
(1) It includes amounts related to lease liability.
Schedule of income expenses of significant transactions
       
    2023 2022 2021
Joint ventures and associates        
BR Distribuidora (now called Vibra Energia)   − − 7,936
Natural Gas Transportation Companies   − − (308)
State-controlled gas distributors (joint ventures) (1)   − 1,196 2,410
Petrochemical companies (associates)   3,402 4,465 3,553
Other associates and joint ventures   57 96 418
Subtotal   3,459 5,757 14,009
Brazilian government – Parent and its controlled entities        
Government bonds   210 204 64
Banks controlled by the Brazilian Government   (19) 71 (157)
Receivables from the Electricity sector   233 − 131
Petroleum and alcohol account - receivables from the Brazilian Government   15 62 58
Brazilian Federal Government   (124) 288 31
Pré-Sal Petróleo S.A. – PPSA   (361) (657) (139)
Others   (204) (79) (34)
Subtotal   (250) (111) (46)
Petros   (19) (21) −
Total   3,190 5,625 13,963
Revenues, mainly sales revenues   3,450 5,821 14,672
Purchases and services   12 (4) (494)
Income (expenses)   (582) (804) (315)
Foreign exchange and inflation indexation charges, net   (267) 299 (59)
Finance income (expenses), net   577 313 159
Total   3,190 5,625 13,963
(1) In July 2022, the Company disposed its entire interest in Gaspetro.
Schedule of compensation of employees
   
Compensation of employees, excluding officers  (amounts in U.S. dollars) 2023 2022
Lowest compensation 920 759
Average compensation 4,921 4,367
Highest compensation 21,516 20,790
Employees 2023 2022
Number of employees 40,213 38,682

 

 

The annual compensation of Executive Officers, including variable compensation, for the years 2023 and 2022 were:

Compensation of the Director of Petrobras (includes variable compensation) 2023 2022
Lowest compensation (1) 29,707 322,668
Average compensation (2) 750,378 586,324
Highest compensation (3) 551,477 437,916
(1) It corresponds to the lowest annual compensation, including former members, according to the Annual Circular Letter CVM/SEP of March 28, 2023. In 2023, no members have served for 12 months in the fiscal year. The value of the minimum annual individual compensation was determined based on the actual remuneration paid to members who worked throughout the year. The member with the lowest remuneration served for 1 month in the fiscal year. On the other hand, if we consider the member who served for the longest period in the fiscal year (11 months), the lowest remuneration corresponds to US$ 342,459. If the Company excluded from the calculation the amounts paid to former members, as termination of office and deferred variable compensation, and considered the amounts paid to members who held the position for less than 12 months, the lowest amount would be US$ 14,318 in 2023 and US$ 65,172 in 2022.
(2) It corresponds to the total value of the annual compensation, including expenses with former members, divided by the number of remunerated positions (9), according to the Annual Circular Letter CVM/SEP of March 28, 2023. If the Company excluded from the average compensation the amounts paid to former members, as termination of office and deferred variable compensation, the average amount would be US$ 359,629 in 2023 and US$ 414,854 in 2022.
(3) It corresponds to the annual compensation, without any exclusions, of the officer with the highest individual compensation, according to the Annual Circular Letter CVM/SEP of March 28, 2023. In the years 2023 and 2022, it corresponds to members who held the position for 4 and 12 months in the fiscal year, respectively.
Schedule of of Total compensation of executive officers and board members of petrobras parent company
           
          Parent Company
    2023   2022
  Executive Officers Board of Directors Total Executive Officers Board of Directors Total
Wages and short-term benefits 3.0 0.1 3.1 2.7 0.1 2.8
Social security and other employee-related taxes 0.9 − 0.9 0.8 − 0.8
Post-employment benefits (pension plan) 0.3 − 0.3 0.4 − 0.4
Variable compensation 2.9 − 2.9 2.8 − 2.8
Benefits due to termination of tenure 0.9 − 0.9 0.3 − 0.3
Total compensation recognized in the statement of income 8.0 0.1 8.1 7.0 0.1 7.1
Total compensation paid (1) 7.6 − 7.6 6.3 − 6.3
Monthly average number of members in the period 9.00 11.00 20.00 9.00 11.00 20.00
Monthly average number of paid members in the period 9.00 6.33 15.33 9.00 3.83 12.83
(1) It includes Variable Compensation Program (PPP) for Executive Officers.