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Information by operating segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | $ 21,037 | $ 23,467 | $ 42,110 | $ 47,235
Cost of sales | (11,025) | (11,740) | (21,710) | (23,251)
Gross profit (loss) | 10,012 | 11,727 | 20,400 | 23,984
Selling expenses | (1,286) | (1,268) | (2,376) | (2,601)
General and administrative expenses | (464) | (549) | (908) | (996)
Exploration costs | (185) | (174) | (498) | (309)
Research and development expenses | (193) | (193) | (395) | (376)
Other taxes | (127) | (948) | (250) | (1,088)
Impairment (losses) reversals, net | (190) | 37 | (240) | 46
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | 5,349 | 6,705 | 12,625 | 15,689
Net finance expense | 1,015 | (6,869) | 2,763 | (8,808)
Results of equity-accounted investments |  |  | 129 | (281)
Net income / (loss) before income taxes | 6,411 | (352) | 15,517 | 6,600
Income taxes | (1,654) | 27 | (4,765) | (2,120)
Net income (loss) for the period | 4,757 | (325) | 10,752 | 4,480
Attributable to: |  |  |  |
Shareholders of Petrobras | 4,734 | (344) | 10,708 | 4,438
Non-controlling interests | 23 | 19 | 44 | 42
Exploration And Production [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | 14,404 | 15,668 | 29,471 | 31,745
Intersegments | 14,343 | 15,591 | 29,355 | 31,565
Third parties | 61 | 77 | 116 | 180
Cost of sales | (6,601) | (6,228) | (13,398) | (12,842)
Gross profit (loss) | 7,803 | 9,440 | 16,073 | 18,903
Income (expenses) | (1,846) | (1,551) | (2,584) | (2,181)
Selling expenses |  |  |  | (1)
General and administrative expenses | (26) | (22) | (30) | (42)
Exploration costs | (185) | (174) | (498) | (309)
Research and development expenses | (147) | (149) | (309) | (288)
Other taxes | (7) | (809) | (11) | (829)
Impairment (losses) reversals, net | (139) |  | (193) | (4)
Other income and expenses, net | (1,342) | (397) | (1,543) | (708)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | 5,957 | 7,889 | 13,489 | 16,722
Net finance expense |  |  |  |
Results of equity-accounted investments | 42 | 30 | 56 | 47
Net income / (loss) before income taxes | 5,999 | 7,919 | 13,545 | 16,769
Income taxes | (2,025) | (2,682) | (4,585) | (5,687)
Net income (loss) for the period | 3,974 | 5,237 | 8,960 | 11,082
Attributable to: |  |  |  |
Shareholders of Petrobras | 3,974 | 5,237 | 8,961 | 11,083
Non-controlling interests |  |  | (1) | (1)
Refining Transportation And Marketing [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | 19,795 | 22,061 | 39,784 | 44,251
Intersegments | 256 | 248 | 546 | 551
Third parties | 19,539 | 21,813 | 39,238 | 43,700
Cost of sales | (18,586) | (20,557) | (37,364) | (40,540)
Gross profit (loss) | 1,209 | 1,504 | 2,420 | 3,711
Income (expenses) | (869) | (701) | (1,605) | (1,537)
Selling expenses | (518) | (538) | (955) | (1,089)
General and administrative expenses | (96) | (92) | (183) | (176)
Exploration costs |  |  |  |
Research and development expenses | (3) |  | (4) | (2)
Other taxes | (14) | (21) | (27) | (28)
Impairment (losses) reversals, net | (50) | 37 | (46) | 37
Other income and expenses, net | (188) | (87) | (390) | (279)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | 340 | 803 | 815 | 2,174
Net finance expense |  |  |  |
Results of equity-accounted investments | (7) | (251) | 48 | (381)
Net income / (loss) before income taxes | 333 | 552 | 863 | 1,793
Income taxes | (116) | (273) | (279) | (739)
Net income (loss) for the period | 217 | 279 | 584 | 1,054
Attributable to: |  |  |  |
Shareholders of Petrobras | 217 | 279 | 584 | 1,054
Non-controlling interests |  |  |  |
Gas And Power [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | 2,176 | 2,198 | 4,036 | 4,620
Intersegments | 817 | 699 | 1,434 | 1,419
Third parties | 1,359 | 1,499 | 2,602 | 3,201
Cost of sales | (1,144) | (1,096) | (2,269) | (2,273)
Gross profit (loss) | 1,032 | 1,102 | 1,767 | 2,347
Income (expenses) | (914) | (867) | (1,693) | (1,756)
Selling expenses | (751) | (729) | (1,406) | (1,497)
General and administrative expenses | (32) | (35) | (58) | (63)
Exploration costs |  |  |  |
Research and development expenses | (2) |  | (4) |
Other taxes | (6) | (4) | (8) | (9)
Impairment (losses) reversals, net | (1) |  | (1) |
Other income and expenses, net | (122) | (99) | (216) | (187)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | 118 | 235 | 74 | 591
Net finance expense |  |  |  |
Results of equity-accounted investments | 17 | 36 | 29 | 57
Net income / (loss) before income taxes | 135 | 271 | 103 | 648
Income taxes | (39) | (80) | (25) | (200)
Net income (loss) for the period | 96 | 191 | 78 | 448
Attributable to: |  |  |  |
Shareholders of Petrobras | 88 | 179 | 60 | 421
Non-controlling interests | 8 | 12 | 18 | 27
Corporate And Other Business [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | 80 | 80 | 157 | 158
Intersegments | 2 | 2 | 3 | 4
Third parties | 78 | 78 | 154 | 154
Cost of sales | (70) | (74) | (138) | (148)
Gross profit (loss) | 10 | 6 | 19 | 10
Income (expenses) | (1,034) | (1,903) | (1,893) | (2,821)
Selling expenses | (17) | (1) | (15) | (14)
General and administrative expenses | (310) | (400) | (637) | (715)
Exploration costs |  |  |  |
Research and development expenses | (41) | (44) | (78) | (86)
Other taxes | (100) | (114) | (204) | (222)
Impairment (losses) reversals, net |  |  |  | 13
Other income and expenses, net | (566) | (1,344) | (959) | (1,797)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | (1,024) | (1,897) | (1,874) | (2,811)
Net finance expense | 1,015 | (6,869) | 2,763 | (8,808)
Results of equity-accounted investments | (5) | (3) | (4) | (4)
Net income / (loss) before income taxes | (14) | (8,769) | 885 | (11,623)
Income taxes | 512 | 2,951 | 165 | 4,169
Net income (loss) for the period | 498 | (5,818) | 1,050 | (7,454)
Attributable to: |  |  |  |
Shareholders of Petrobras | 483 | (5,825) | 1,023 | (7,470)
Non-controlling interests | 15 | 7 | 27 | 16
Eliminations [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | (15,418) | (16,540) | (31,338) | (33,539)
Intersegments | (15,418) | (16,540) | (31,338) | (33,539)
Third parties |  |  |  |
Cost of sales | 15,376 | 16,215 | 31,459 | 32,552
Gross profit (loss) | (42) | (325) | 121 | (987)
Income (expenses) |  |  |  |
Selling expenses |  |  |  |
General and administrative expenses |  |  |  |
Exploration costs |  |  |  |
Research and development expenses |  |  |  |
Other taxes |  |  |  |
Impairment (losses) reversals, net |  |  |  |
Other income and expenses, net |  |  |  |
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | (42) | (325) | 121 | (987)
Net finance expense |  |  |  |
Results of equity-accounted investments |  |  |  |
Net income / (loss) before income taxes | (42) | (325) | 121 | (987)
Income taxes | 14 | 111 | (41) | 337
Net income (loss) for the period | (28) | (214) | 80 | (650)
Attributable to: |  |  |  |
Shareholders of Petrobras | (28) | (214) | 80 | (650)
Non-controlling interests |  |  |  |
Operating Segment [Member] |  |  |  |
IfrsStatementLineItems [Line Items] |  |  |  |
Sales revenues | 21,037 | 23,467 | 42,110 | 47,235
Intersegments |  |  |  |
Third parties | 21,037 | 23,467 | 42,110 | 47,235
Cost of sales | (11,025) | (11,740) | (21,710) | (23,251)
Gross profit (loss) | 10,012 | 11,727 | 20,400 | 23,984
Income (expenses) | (4,663) | (5,022) | (7,775) | (8,295)
Selling expenses | (1,286) | (1,268) | (2,376) | (2,601)
General and administrative expenses | (464) | (549) | (908) | (996)
Exploration costs | (185) | (174) | (498) | (309)
Research and development expenses | (193) | (193) | (395) | (376)
Other taxes | (127) | (948) | (250) | (1,088)
Impairment (losses) reversals, net | (190) | 37 | (240) | 46
Other income and expenses, net | (2,218) | (1,927) | (3,108) | (2,971)
Income (loss) before net finance expense, results of equity-accounted investments and income taxes | 5,349 | 6,705 | 12,625 | 15,689
Net finance expense | 1,015 | (6,869) | 2,763 | (8,808)
Results of equity-accounted investments | 47 | (188) | 129 | (281)
Net income / (loss) before income taxes | 6,411 | (352) | 15,517 | 6,600
Income taxes | (1,654) | 27 | (4,765) | (2,120)
Net income (loss) for the period | 4,757 | (325) | 10,752 | 4,480
Attributable to: |  |  |  |
Shareholders of Petrobras | 4,734 | (344) | 10,708 | 4,438
Non-controlling interests | $ 23 | $ 19 | $ 44 | $ 42

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- Definition The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 99 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_99&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 103 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_103&doctype=Standard -URIDate 2024-03-27 + Details
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