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Under the deal, Shell would cover a $1.3 billion shortfall in NNPC's share of the 2008 joint venture budget and provide an extra $1.8 billion loan to cover outstanding payments from 2006 and 2007, NNPC said in a statement.
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There, Joe Borges, who runs the program (a joint venture between Budget and EV Rental Cars), showed me pictures of the five models available to rent, which ranged from a blocky battery-powered Toyota sport utility vehicle, the RAV4-EV, to General Motors' snazzy EV1.
In particular, we are interested in how different budget responsibilities within the research joint venture (RJV) affect profits of firms taking part in the joint venture and profits of their non-cooperating rival firms.
Johno Harris, business growth manager at Business Growth Service, suggests looking into a joint venture to achieve brand exposure on a very low budget.
Freesat, the satellite TV joint venture between the BBC and ITV, is to launch a big-budget campaign next week suggesting that it is pointless paying for TV when you can get great shows for free.
Wingcast Makes Wireless Vroom 07.31.00 Wingcast, a joint venture of Ford and Qualcomm, is supposed to get wireless services into Fords luxury and budget cars as soon as 2002.
One issue, people involved in the discussions said, is that AOL Time Warner believes that ABC News has cut its news budget so deeply that it has less to contribute to the joint venture.
Intel also did not include in its budget any additional capital spending allotment for its new flash memory joint venture with Micron Technology.
A co-production with House of Cards broadcaster Netflix and with a budget understood to be close to £20m, it is the BBC's biggest joint venture with the US video-on-demand service to date.
A joint venture between the Boeing Company and the Sikorsky Aircraft unit of United Technologies, the Comanche was billions of dollars over budget, decades behind schedule and had been losing favor in Congress and in the Pentagon.
Three arrangements for RJVs are analyzed: First, cooperation, in which the firms participating in the joint venture completely share the research they create in the innovation process and each firm has a sovereign budget responsibility.
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