Petrobras releases tax report showing R$ 161 billion paid to government in 1H 2026

Petrobras reported R$ 161 billion in taxes and government take paid in 1H 2026 on a cash basis, highlighting its significant contribution to Brazil’s public finances.

The total included:

• R$ 106.1 billion in taxes tied to its own operations
• R$ 37.2 billion in government take
• R$ 17.7 billion in taxes withheld from third parties

Federal allocations reached R$ 98.7 billion, representing about 6.1% of total federal tax revenues.

The year-on-year increase was attributed to higher corporate income tax, royalties, and export tax collections.

The company paid R$ 2.5 billion in export tax through June under a provisional measure that imposed the levy on crude oil and diesel exports.

State tax payments totaled R$ 61.1 billion, about 13.8% of state collections.

Municipal taxes were about R$ 1.2 billion.