March 12, 2026 – Petróleo Brasileiro S.A. – Petrobras announces that its Board of Directors, at a meeting held today, approved the company’s adherence to the economic subvention for the commercialization of road diesel oil in Brazil’s national territory, established by Provisional Measure (MP) No. 1,340, dated March 12, 2026.
Given the optional nature of the program and its potential additional benefit, this adherence is considered compatible with the company’s interests.
The effective signing of the adherence agreement will be subject to the publication and analysis of regulatory instruments by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) related to the reference price, which are necessary for the operationalization of the economic subvention.
It is important to note that Petrobras maintains its commercial strategy, taking into account its market share, the optimization of its refining assets, and profitability on a sustainable basis, avoiding the transfer to domestic prices of the cyclical volatility of international prices and of the exchange rate. This adherence preserves the company’s flexibility in implementing its commercial strategy. Petrobras remains committed to responsible, balanced, and transparent conduct
Brazil Energy Insight 
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