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v3.25.2

Exploration and evaluation of oil and gas reserves (Tables) | 6 Months Ended
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Jun. 30, 2025
Notes and other explanatory information [abstract] |
Schedule of changes in capitalized costs |
Schedule of changes in capitalized costs |  |
Capitalized Exploratory Well Costs / Capitalized Acquisition Costs (1) | Jan-Jun/2025 | Jan-Jun/2024
Property plant and equipment |  |
Opening Balance | 1,475 | 1,512
Additions | 501 | 184
Write-offs | (4) | (25)
Transfers | (84) | −
Translation adjustment | 196 | (198)
Losses on exploration expenditures written off | (44) | −
Closing Balance | 2,040 | 1,473
Intangible assets |  |
Opening Balance | 1,609 | 2,313
Losses on exploration expenditures written off | (164) | −
Translation adjustment | 208 | (299)
Closing Balance | 1,653 | 2,014
Capitalized Exploratory Well Costs / Capitalized Acquisition Costs | 3,693 | 3,487
(1) Amounts capitalized and subsequently expensed in the same period have been excluded from this table. |  |
Schedule of exploration costs |
Schedule of exploration costs |  |  |  |
| Jan-Jun/2025 | Jan-Jun/2024 | Apr-Jun/2025 | Apr-Jun/2024
Exploration costs recognized in the statement of income |  |  |  |
Geological and geophysical expenses | (274) | (193) | (183) | (111)
Exploration expenditures written off (includes dry wells and signature bonuses) | (209) | (105) | - | (55)
Contractual penalties on local content requirements | (5) | (4) | - | (2)
Other exploration expenses | (10) | (7) | (2) | (5)
Total expenses | (498) | (309) | (185) | (173)
Cash used in: |  |  |  |
Operating activities | 284 | 200 | 185 | 116
Investment activities | 503 | 271 | 262 | 144
Total cash used | 787 | 471 | 447 | 260

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