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A pluronic P123 surfactant was employed in the exfoliation and stabilization of Pd0‐supported graphene oxide (PdNPs–GO; NPs=nanoparticles) nanosheets in aqueous solution during the oxidation of benzylic and aliphatic alcohols under aerobic conditions at 80 °C. Surfactants prevented the aggregation of PdNPs–GO sheets at 80 °C under aqueous conditions and PdNPs–GO/P123 adducts acted as a highly dispersive homogeneous‐like catalyst. The catalytic performance of the nanocomposite material was remarkably improved, being highly stable and reusable in the aerobic oxidation of alcohols for at least nine runs.