Petrobras announced on Mar. 13 that its Board of Directors has approved the company’s participation in the economic subvention program for the commercialization of road-use diesel oil in Brazil, as established by Provisional Measure No. 1,340 dated March 12, 2026.
The company said this decision is optional and could bring additional benefits, making it compatible with Petrobras’s interests.
According to Petrobras, the formal signing of the adhesion agreement will depend on the publication and review of regulatory instruments by the National Agency of Petroleum, Natural Gas and Biofuels (ANP). These regulations are related to reference pricing and are necessary for implementing the economic subvention.
The company also stated that it will maintain its commercial strategy, considering market share, optimization of refining assets, and sustainable profitability. Petrobras said it aims to avoid passing on short-term volatility from international prices or exchange rates to domestic prices.
“The adherence preserves the company’s flexibility in implementing its commercial strategy. Petrobras remains committed to responsible, balanced, and transparent operations,” the company said.
This move reflects Petrobras’s approach to balancing government policy initiatives with its own strategic goals while maintaining operational flexibility.
