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  • Today in Energy – U.S. Energy Information Administration (EIA)

    Today in Energy – U.S. Energy Information Administration (EIA)

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    In-brief analysis

    Dec 3, 2025






    Data source: Bloomberg L.P.
    Note: Data through November 26, 2025. All crack spreads are calculated against the Dated Brent crude oil spot price.


    Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on Russia’s crude oil, leading to limited refinery production and a decreased global diesel supply. The impact was most pronounced in the Atlantic Basin, contributing to higher prices at the Amsterdam, Rotterdam, Antwerp (ARA) shipping hub, a key benchmark for European prices, as well as at New York Harbor and the U.S. Gulf Coast. The higher global prices also affected prices in the United States because U.S. refiners can sell into both domestic and international markets.

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    In-brief analysis

    Dec 1, 2025



    U.S. electric power interruptions


    U.S. electricity customers experienced an average of 11 hours of electricity interruptions in 2024, or nearly twice as many as the annual average experienced in the decade before, according to our Electric Power Annual 2024 report. Major events such as Hurricanes Beryl, Helene, and Milton accounted for 80% of the hours without electricity in 2024.

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    In-brief analysis

    Nov 26, 2025



    weekly U.S. average regular gasoline retail price


    Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update; U.S. Bureau of Labor Statistics (BLS)
    Note: Weekly data reflect U.S. average regular gasoline retail price for all formulations; real price is calculated using Consumer Price Index from BLS.



    On the Monday before Thanksgiving, the U.S. retail price for regular-grade gasoline averaged $3.06 per gallon (gal), just 2 cents/gal higher than the same time last year. After adjusting for inflation, however, this year marks the lowest average gasoline price for the Monday before the Thanksgiving holiday weekend since 2020, when the pandemic disrupted gasoline demand and travel plans.

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    In-brief analysis

    Nov 24, 2025



    California electricity generation by source


    Data source: U.S. Energy Information Administration, Electric Power Monthly
    Note: Coal represents less than 1% each year.



    Although natural gas generation still provides more electricity than any other source in California, electricity generation from natural gas has decreased over the past several years while generation from solar has increased.

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    In-brief analysis

    Nov 21, 2025



    annual natural gas production in major U.S. crude oil producing regions



    Data source: Enverus Drillinginfo
    Note: For consistency, the various state pressure bases used to measure natural gas volumes have been converted to the federal pressure base of 14.73 pounds per square inch absolute (psia) and 60°F.


    U.S. production of associated dissolved natural gas, also known as associated natural gas, increased by 6% last year, mirroring the growth in crude oil production from the Permian region. Associated natural gas production averaged 18.5 billion cubic feet per day (Bcf/d) in 2024, according to data from Enverus DrillingInfo.

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    In-brief analysis

    Nov 19, 2025



    Alaska average annual crude oil production


    • In our latest Short-Term Energy Outlook, we forecast crude oil produced from Alaska will reach 477,000 barrels per day (b/d) in 2026, the most since 2018.
    • After decades of decline, we expect a 13% (55,000 b/d) increase in Alaska oil production, the largest annual increase since the 1980s.
    • The recent growth is attributable to two projects on Alaska’s North Slope:
      • The Nuna project, owned by ConocoPhillips, started production in December 2024 and is expected to produce 20,000 b/d at its peak. In August 2025, the project produced 7,000 b/d, offsetting existing production declines.
      • The Pikka Phase 1 project, jointly owned by Santos and Repsol, is expected to start production during the first quarter of 2026 and reach peak production of 80,000 b/d by mid-2026, nearly 20% of total Alaska oil production in 2025.

    • The wells from these new projects outperform most Alaskan wells. Based on recent production records from the Alaska Oil and Gas Conservation Commission, these wells produce about 480 barrels of oil equivalent per day (BOE/d) on average, whereas 78% of Alaskan wells produced less than 400 BOE/d in 2023.
    • Our latest forecast for 2026 production—an increase from our initial forecast—reflects Santos’s expectations for an accelerated ramp-up to peak production for the Pikka Phase 1 project and recent well tests demonstrating high productivity.

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    In-brief analysis

    Nov 17, 2025



    U.S. lower 48 oil and gas rig count



    Data source: Baker Hughes Company
    Note: Excludes any miscellaneous rigs



    The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years from a recent peak of 750 rigs in December 2022 to 517 rigs this October. The declining rig count reflects operators’ responses to declining crude oil and natural gas prices and improvements in drilling efficiencies.

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    In-brief analysis

    Nov 14, 2025



    lower 48 states end-of-injection season natural gas inventories


    Working natural gas in storage in the Lower 48 states ended the natural gas refill season (April 1–October 31) with more than 3,900 billion cubic feet (Bcf), according to estimates based on data from our Weekly Natural Gas Storage Report released on November 6. U.S. inventories are starting winter 2025–26 at about the same level as last year, the most since 2016. As of October 31, inventories are 4% above the five-year (2020–24) average after above-average injections into storage throughout much of the injection season.

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    In-brief analysis

    Nov 13, 2025



    annual average retail and spot natural gas prices


    Driven by an increase in wholesale natural gas prices, retail U.S. natural gas prices for every sector have increased so far this year, although the increases are uneven across sectors. In our latest Short-Term Energy Outlook, we expect the 2025 annual average price of natural gas paid by electric power plants to increase by 37% and the price paid by industrial sector customers to increase by 21% compared with the 2024 averages. We forecast that natural gas prices for customers in the commercial and residential sectors will increase by less, at 4% each.

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    In-brief analysis

    Nov 10, 2025



    status of new U.S. solar photovoltaic generating capacity


    In the third quarter of 2025, solar projects representing about 20% of planned capacity reported a delay, a decrease from 25% in the same period in 2024, based on data compiled from multiple Preliminary Monthly Electric Generator Inventory reports.

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    In-brief analysis

    Nov 7, 2025



    top natural gas production countries and regions in 2023


    • The United States produced 104 billion cubic feet per day (Bcf/d) of natural gas, 75% more than the world’s second-largest natural gas producer, Russia, in 2023, the most recent year for which we have comprehensive worldwide data on natural gas production.
    • The United States has been the world’s largest producer of natural gas since 2009. More recently, U.S. natural gas production has increased further, averaging 106 Bcf/d for the first half of 2025 (1H2025).
    • Three regions in the United States are among the top 10 natural gas-producing areas in the world when ranked independently against other natural gas-producing countries:
      • The Appalachia region, in the northeastern United States, encompasses the Marcellus and Utica shale plays and ranked as the second-largest producer with 33 Bcf/d in 2023. More recently, production from the region has continued to average 33 Bcf/d in 1H2025.
      • The Permian region, in Texas and New Mexico, ranked fifth worldwide with 21 Bcf/d in 2023. Production from the Permian has since increased to average 25 Bcf/d in 1H2025.
      • The Haynesville region, in Texas, Louisiana, and Arkansas, ranked as the eighth-largest natural gas-producing area with 15 Bcf/d in 2023. Production from the Haynesville has declined slightly to average 14 Bcf/d in 1H2025.


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    In-brief analysis

    Nov 5, 2025



    lower 48 states crude oil and natural gas production by well vintage



    Data source: Enverus
    Note: Well vintage is the year a well first begins producing crude oil or natural gas



    As U.S. crude oil and natural gas production have increased, so has the volume of production declines from existing wells. To offset the increasing declines, operators today must bring on new wells to sustain or increase production levels.

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    In-brief analysis

    Nov 3, 2025



    port of Singapore bunker fuel sales by type


    Data source: U.S. Energy Information Administration, Maritime and Port Authority of Singapore (MPA), Bunker Sales
    Note: 2025 data are an estimate based on data through September. Distillate fuel oil includes marine gasoil (MGO), marine diesel (MDO), and low-sulfur marine gasoil (LSMGO). Heavy fuel oil includes marine fuel oil (MFO).


    When the International Maritime Organization’s lower marine sulfur limit known as IMO 2020 took effect in January 2020, commercial shippers pivoted sharply to fueling their vessels with low-sulfur fuel oil (LSFO). In the years since, high-sulfur fuel oil has reclaimed some market share, as a growing number of commercial vessels install sulfur scrubbers that allow operators to use the heavier, cheaper fuel oils while complying with the new sulfur emission limits.

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    In-brief analysis

    Oct 31, 2025



    quarterly U.S. coal exports


    • According to data released by the U.S. Census Bureau in September, the United States exported 46.8 million short tons (MMst) of coal in the first half of 2025 (1H25), an 11% decline from 1H24.
    • Steam coal exports totaled 22.5 MMst, a 10% decline from 1H24. Metallurgical coal exports totaled 24.2 MMst, a 13% decline from 1H24.
    • Reduced coal exports to China (4.4 MMst) accounted for 73% of the decline in total U.S. net coal exports. China accounted for 76% of the decline in metallurgical coal exports and 68% of the decline in steam coal exports.
    • U.S. exports to China decreased after China imposed a 15% additional tariff on imports of U.S. coal in February and a 34% reciprocal tariff on imports from the United States in April.
    • The reduction in total exports also reflects a global market characterized by declining coal prices caused by ample supply and soft demand. Meanwhile, coal consumption in the U.S. electric power sector has risen due to more demand and higher natural gas prices.

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    In-brief analysis

    Oct 29, 2025



    Brazil liquefied natural gas import capacity


    Companies operating in Brazil have expanded the country’s liquefied natural gas (LNG) regasification infrastructure since 2020, more than doubling its import capacity as the country seeks to diversify its energy supply and enhance energy security. Brazil’s regasification capacity grew from 2.5 billion cubic feet per day (Bcf/d) in 2020 to 5.1 Bcf/d in August 2025.

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  • Jess Cartner-Morley on fashion: ’tis the season to party. Time to recap Christmas dressing rules | Fashion

    Jess Cartner-Morley on fashion: ’tis the season to party. Time to recap Christmas dressing rules | Fashion

    Christmas has begun. Don’t come for me with your pedantry about partridges and pear trees. The lights are lit, the turkey sandwiches are in Pret: ’tis the season, already. For the next few weeks we will be in a bubble that has its own…

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  • The 100 Best Albums of 2025

    The 100 Best Albums of 2025

    Culture-shifting blockbusters, return-to-form statements, brilliant debuts, and more

    The music world refused to stand still in 2025. This wasn’t a year for playing it safe. Across the globe and all…

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  • Argentina’s Critical Minerals Sector: Opportunities and Challenges for Taiwanese Investment and Trade

    Argentina’s Critical Minerals Sector: Opportunities and Challenges for Taiwanese Investment and Trade

    Over the years, the Argentine government has taken significant steps to liberalize its mining sector. Under President Javier Milei (2023-present) and through the newly introduced Incentive Regime for Large Investments, Argentina is aiming to attract large-scale foreign direct investment (FDI) in mining, extraction, and processing of critical minerals such as lithium, gallium, germanium, and rare earths. [1] At the same time, there is a rising global demand for minerals in the technology, energy, and semiconductor industries. For Taiwan, which has an economy that is heavily reliant on advanced manufacturing, securing stable supplies for critical minerals is strategically relevant. In this context, Argentina presents an opportunity for Taiwanese investment and trade.

    Argentina: Mineral Resources, Policy, Trade & Investment Framework

    Argentina is endowed with a wide range of critical minerals. According to the Organization for Economic Cooperation and Development (OECD), beyond sizable lithium reserves, Argentina holds abundant copper, cobalt, chromium, rare earths, graphite, nickel, platinum-group elements, zinc, and other strategic minerals. In particular, Argentina is part of the “Lithium Triangle” (with Chile and Bolivia) and ranks among the world’s top lithium producers. Copper has also become a rapidly emerging focus, as numerous exploration projects are underway and the metal is considered essential for electrification and renewable energy infrastructure.

    Following the election of President Javier Milei in 2023, Argentina has advanced a legal and regulatory framework aimed at attracting large-scale mining investment. Key material factors include:

    • The Incentive Regime for Large Investments: Offers tax, customs, and foreign exchange benefits for projects exceeding USD 200 million, with 30 years of regulatory stability.
    • Export-Duty Reductions: In August 2025, Argentina eliminated export duties on 225 mining products through the Executive Decree No. 563/2025.
    • Transparency Commitments: Since joining the Extractive Industries Transparency Initiative in 2019, Argentina has maintained an online platform providing public access to mining, environmental, and cadastre data.
    • Institutional Framework: The Argentine Chamber of Mining Firms represents major companies and serves as a key industry interlocutor with the government.

    Together, these policies and institutions make Argentina a relatively favourable jurisdiction for mining investment—and one of the more open jurisdictions in the Lithium Triangle. In this regard, Argentina is the only country in the Lithium Triangle that allows private companies to own and commercialize lithium resources, while Chile and Bolivia maintain greater state control.

    Furthermore, following the results of Argentina’s October 2025 legislative elections, the current administration is expected to retain stronger control over Congress, reinforcing policy continuity and investor confidence. In this context, characterized by an openness to foreign capital, favorable investment conditions, and a liberalized mining regime, Argentina presents a unique opportunity for Taiwan to strengthen its non-official economic ties while ensuring greater resilience against potential disruptions from the People’s Republic of China (PRC) in its semiconductor supply chain. Additionally, President Milei’s alignment with the United States, the European Union, and other like-minded democracies further enhances the political feasibility of deeper Taiwan-Argentina cooperation.

    Taiwan: Dependence on Critical Minerals and Supply-chain Risks

    Taiwan’s advanced technology, semiconductor, and electronics industries rely heavily on a stable supply of critical minerals such as rare earth elements, lithium, copper, and germanium. However, due to its limited natural endowments and lack of domestic reserves, Taiwan’s supply chain remains highly dependent on external sources. 

    Critical minerals are fundamental to advanced technologies. Lithium, nickel, and cobalt underpin battery performance, while rare earth elements are indispensable for components in electric vehicle motors. However, Taiwan remains heavily dependent on external suppliers. In the first half of 2025, imports from the PRC and Hong Kong totaled USD 43.2 billion, with electronic components, information and communication products, and electrical machinery showing particularly strong growth. Taiwan also imported USD 58.1 million worth of mineral raw materials in 2024. Although its dependence on the PRC is significantly lower in the commodities category, accounting for only 1.6 percent of total mineral raw material imports, these figures still underscore Taiwan’s constrained access to the upstream raw materials needed to sustain its high-value manufacturing sectors.

    Source: External Trade Report in the First Half of 2025- Taiwanese Ministry of Finance

    It is worth noting that the critical minerals supply chain begins with upstream activities, which consist of exploration and extraction. Following extraction, the minerals enter the processing and refining stage, which serves as a bridge between raw mining output and industrial applications. Here, materials are transformed into usable forms. The downstream stages involve the industrialization of refined minerals as they move into manufacturing, where countries have greater opportunities to add value and diversify their production. The chain concludes with end-of-life management, which seeks to close the loop through recycling and reuse, ultimately reducing the demand for virgin materials.

    However, the distribution of capabilities across these stages is uneven, and this imbalance creates strategic vulnerabilities. In particular, mineral refining and processing capacity is highly concentrated in the PRC (accounting for almost 70 percent of the market share), posing significant geopolitical risks for Taiwan. Beijing’s imposition of export controls on critical minerals creates vulnerabilities for Taiwan. These factors could potentially lead to an economic blockade, disrupting the upstream of the mining industry and exacerbating supply chain bottlenecks. 

    A notable example is tungsten, a strategic metal essential to Taiwan’s industrial infrastructure. Taiwan does not produce its own raw tungsten and relies entirely on imports, with approximately 90 percent of its supply originating from China. In February 2025, China added tungsten to its export control list and eliminated value-added tax rebates for raw exports, effectively discouraging global supply and altering market dynamics. Industry managers have warned that a complete disruption in tungsten supply could force “half of Taiwan’s people” to take unpaid leave, highlighting the metal’s strategic importance.​ Additionally, in October 2025, Beijing introduced sweeping new export restrictions requiring companies worldwide to obtain licenses for any product containing more than 0.1 percent Chinese-origin rare earth elements by value. While Taiwan does not directly rely on China for rare earth elements used in its domestic chipmaking processes, it remains vulnerable through indirect channels—especially via its dependence on semi-finished products and components manufactured in Japan or Southeast Asia that use Chinese-refined rare earth elements.​

    Hence, diversification is essential for Taiwan to strengthen its industrial resilience and preserve its global competitiveness in high-tech sectors. Critical minerals are indispensable inputs for semiconductors, smart machines, electronics, battery systems, and green technologies. In particular, Taiwan’s semiconductor industry (anchored by firms such as Taiwan Semiconductor Manufacturing Company [TSMC, 台灣積體電路製造公司]), constitutes the foundation of its export economy and strategic position in the international system, given the large market share they hold. Any disruption in the supply of raw materials could pose systemic economic and security risks for not just Taiwan, but for the whole world.

    Although Taiwan and Argentina lack formal diplomatic relations, Taipei maintains commercial and cultural engagement through the Taipei Economic and Cultural Office in Argentina (駐阿根廷台北商務文化辦事處). Despite persistent pressure from the PRC, Taiwan has succeeded in promoting economic and institutional cooperation through Memoranda of Understandings (MOUs) between firms, chambers of commerce, and academic institutions. Building on these mechanisms, Taiwan can further advance bilateral ties with Argentina and other resource-rich partners to secure access to critical minerals and enhance the resilience of its industrial supply chains.

    Opportunities and Challenges for Taiwanese Investment and Trade

    For Taiwan, engaging with Argentina’s critical-minerals sector offers a route to diversify supply chains away from heavy reliance on the PRC and a narrow set of sources. By gaining access to minerals such as lithium, copper, rare earths and germanium from Argentina, Taiwanese firms can strengthen their upstream security of supply for semiconductors, electronics, magnets, battery technologies and smart machines. Given the geopolitical risks associated with China’s dominance in mineral processing and refining, diversification into Argentina is both economically prudent and strategically significant.

    Furthermore, instead of being purely downstream manufacturers, Taiwanese firms might explore upstream participation through joint ventures, equity shares, or trade partnerships in Argentina. Notable examples include the memorandum of understanding between the Chinese International Economic Cooperation Association (CIECA) and the Argentine Chamber of Commerce and Services (Cámara de Comercio y Servicios de la República Argentina), as well as the cooperation agreement between CIECA and the Chamber of Industry and Commerce of Mercosur and the Americas (Cámara de Industria y Comercio del Mercosur y de las Américas). This would allow Taiwan to evolve from a passive consumer of raw materials to an integrated actor within the Argentine emerging mining sector, improve value-chain capture, secure supply stability, and reinforce the competitiveness of its high-tech industries.

    In the absence of formal diplomatic relations between Taiwan and Argentina, cooperation can advance through provincial and regional levels, particularly in mining-rich provinces, such as Jujuy, Catamarca, and San Juan. Through chambers of commerce, investment promotion agencies, and sister-city agreements, access could be facilitated while circumventing federal-level diplomatic constraints. This decentralized approach would complement existing trade promotion mechanisms and foster ground-level partnerships.

    In addition, these engagements may also open doors in neighboring countries for Taiwan to build a regional critical minerals network, strengthen its political and economic position in Latin America’s Southern Cone -Brazil, Paraguay, Uruguay, and Chile-, reduce its diplomatic isolation, and increase its presence in a strategically significant region. Participation in the Argentine mining boom could also enhance Taiwan’s leverage in the global competition over supply chains, particularly vis-à-vis the PRC.

    However, the critical minerals sector in Argentina also presents notable challenges for Taiwanese businesses and investors. Geopolitically, the influence of the PRC remains substantial, reinforced by the Belt and Road Initiative (BRI, formerly known as “One Belt, One Road,” 一帶一路)  and extensive commercial presence in the country. As of September 2025, China had become Argentina’s second-largest trading partner, with the bilateral trade balance reflecting a USD 6.5 million deficit for Argentina. Moreover, the PRC maintains significant foreign direct investment in strategic sectors including energy, manufacturing, mining, real estate, ICT, infrastructure, agroindustry, and finance.

    At the same time, mining operations in Argentina face strict regulations and community opposition, with legislation that limits and restricts mining activity and investment. These issues are compounded by Argentina’s macroeconomic instability, including high inflation and uncertain investment and economic conditions, which may pose financial risks despite recent reforms. Altogether, these geopolitical, environmental, financial, and diplomatic constraints form a challenging landscape that Taiwan must carefully navigate to participate effectively in Argentina’s emerging critical minerals market.

    Recommendations

    In order to capitalize on the benefits of closer economic relations, Taiwan should:

    1. Sign an MOU between the Taipei Economic and Cultural Office in Argentina and the Argentine Chamber of Mining Firms [Cámara Argentina de Empresas Mineras]. The MOU should establish a framework for investment and dialogue, including information sharing, high-level reciprocal visits, and matchmaking between Argentine mining firms and Taiwanese investors.
    2. Direct the Taiwan External Trade Development Council (TAITRA, 中華民國對外貿易發展協會) to organize at least one annual trade mission to the Argentine provinces of Jujuy, Catamarca, and San Juan, focused on identifying trade and investment opportunities in critical mineral sectors. These missions should involve forming a working group among Taiwanese firms interested in diversifying raw material sourcing for semiconductors, as well as relevant Argentine stakeholders (federal, provincial, and regional governments, mining firms, and legislators). Through the Contact Taiwan platform, TAITRA should facilitate linkages between investors and recipients, and specify mining and processing projects suited for Taiwanese participation.
    3. Coordinate with like-minded partners, such as the United States, Canada, and the European Union (countries that already have significant investments in Argentina) to establish a multilateral forum on critical minerals. The forum would align investment cooperation frameworks and ensure Taiwan’s inclusion in broader supply chain initiatives.

    The main point: For Taiwan, the time is ripe to deepen its presence in Argentina’s mining sector; not merely as a buyer of raw materials, but also as a strategic partner in extraction, processing, and supply-chain integration. Doing so would strengthen Taiwan’s techno-industrial base and enhance its economic diplomacy in Latin America.


    [1] Critical minerals are defined as any mineral, element, substance, or material designated as critical by the Secretary of the Interior, acting through the director of the US Geological Survey. The Critical Materials List includes the following: Critical materials for energy: Aluminum, cobalt, copper, dysprosium, electrical steel, fluorine, gallium, iridium, lithium, magnesium, metallurgical coal for steelmaking (inclusive of anthracite), natural graphite, neodymium, nickel, platinum, praseodymium, silicon, silicon carbide and terbium. Critical minerals: Aluminum, antimony, arsenic, barite, beryllium, bismuth, cerium, cesium, chromium, cobalt, dysprosium, erbium, europium, fluorspar, gadolinium, gallium, germanium, graphite, hafnium, holmium, indium, iridium, lanthanum, lithium, lutetium, magnesium, manganese, neodymium, nickel, niobium, palladium, platinum, praseodymium, rhodium, rubidium, ruthenium, samarium, scandium, tantalum, tellurium, terbium, thulium, tin, titanium, tungsten, vanadium, ytterbium, yttrium, zinc, and zirconium.

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  • Starting 5: 21-1, as SGA & OKC survive Warriors

    Starting 5: 21-1, as SGA & OKC survive Warriors

    Golden State made its move in the 3rd quarter.

    But the 4th belonged to Shai, as OKC rolled to the fourth-best start in NBA history.

    Shai Gilgeous-Alexander shot and pass


    5 STORIES IN TODAY’S EDITION 🏀

    Dec. 3, 2025

    Beat ‘Em To Join ‘Em: SGA powers Thunder over Warriors…

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  • Weather Department Issues Rainfall Forecast for December and January

    Weather Department Issues Rainfall Forecast for December and January

    The Pakistan Meteorological Department (PMD) has warned that below-normal rainfall in December and early January could cause a sharp reduction in soil moisture across several regions, posing risks to Rabi crops.

    According to the three-month…

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  • Lifestyle Intervention Shows Benefits Beyond Cognition in US POINTER Trial, Highlighting Modifiable Risk Factors for Dementia

    Lifestyle Intervention Shows Benefits Beyond Cognition in US POINTER Trial, Highlighting Modifiable Risk Factors for Dementia

    A 2-year multicomponent lifestyle intervention previously shown to improve cognition in at-risk adults also enhances blood pressure regulation, reduces sleep apnea events, and may protect against cognitive decline linked to specific Alzheimer…

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  • Why did India order smartphone makers to install a government app? | Telecommunications News

    Why did India order smartphone makers to install a government app? | Telecommunications News

    India has revoked an order to smartphone manufacturers to install a government-owned cybersecurity application on all new mobile devices following massive backlash amid digital rights concerns.

    According to an official notification issued by the…

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  • Dominant spinal muscular atrophy linked mutations in the cargo binding domain of BICD2 result in altered interactomes and dynein hyperactivity

    Dominant spinal muscular atrophy linked mutations in the cargo binding domain of BICD2 result in altered interactomes and dynein hyperactivity

    Mutations in the dynein cargo adaptor BICD2 have been linked to SMALED2 (Koboldt et al., 2020). Mutations in the heavy chain of the dynein motor have also been implicated in a version of this disorder (Chan et al., 2018; Das et al., 2018), suggesting that defects in dynein-mediated transport contribute to its etiology. However, the molecular and cellular mechanisms underlying SMALED2 pathogenesis remain poorly understood. Previous studies have characterized mutations within the first coiled-coil domain of BICD2, a region responsible for interactions with dynein and dynactin. These analyses elegantly demonstrated that mutants such as BICD2_N188T result in dynein hyperactivity (Huynh and Vale, 2017). In addition to these mutants, however, recent studies have identified several SMALED2-associated alleles within the C-terminal cargo-binding domain of BICD2 (Ravenscroft et al., 2016; Synofzik et al., 2014). Given BICD2’s role as a dynein cargo adaptor, these findings raise two important questions: (1) Is dynein hyperactivity a common feature of SMALED2-associated BICD2 mutations? and (2) Do these mutations alter the interactome of BICD2 relative to the wild-type protein? The goal of this study was to address these questions and elucidate potential molecular consequences of SMALED2-associated BICD2 mutations.

    BICD2 is one of the best characterized dynein cargo adaptors. However, most studies involving BICD2 have focused on the mechanism by which this adaptor activates dynein for processive motility. Relatively little is known regarding the cargo that is linked to dynein by BICD2. In Drosophila, BicD links the RNA-binding protein Egalitarian (Egl) with dynein for transport of specific mRNAs in the oocyte and embryo (Dienstbier et al., 2009; Goldman et al., 2021; Goldman et al., 2019; Mach and Lehmann, 1997; McClintock et al., 2018). Loss of either BicD or Egl compromises transport of these mRNAs and consequently results in defective oogenesis or embryogenesis. The first definitive cargo identified for mammalian BICD2 was the small GTP-binding protein, RAB6A (Matanis et al., 2002). Despite the ability of BICD2 to directly bind RAB6A, most vesicles containing RAB6A move towards the plus end of microtubules, suggesting that their transport is primarily driven by the Kinesin-1 motor, KIF5B (Grigoriev et al., 2007). Other cargos that have been shown to directly bind BICD2 are RANBP2, a nucleoporin, and Nesprin-2 (SYNE2), a LINC complex component involved in linking dynein and kinesin to the nuclear envelope (Gonçalves et al., 2020; Splinter et al., 2010).

    In order to determine whether SMALED2 alleles of BICD2 are associated with interactome changes, it was therefore critical for us to determine the interactome of wild-type BICD2. This was done using the promiscuous biotin ligase miniTurboID (mTrbo). In comparison to an RFP-mTrbo control, BICD2-mTrbo resulted in the biotinylation and purification of numerous known interacting partners including RANBP2, as well as several components of the dynein motor. One interesting group of potentially novel interacting proteins was components of the HOPS complex, a six-subunit complex of proteins involved in endocytic trafficking (Spang, 2016). Four of the six HOPS components were identified in the wild-type BICD2 interactome, with VPS41 being the fifth most enriched protein. However, unlike RANBP2, RAB6A, and NESPRIN-2, all of which are able to bind the isolated BICD2 cargo binding domain (Gonçalves et al., 2020; Matanis et al., 2002; Splinter et al., 2010), the HOPS complex components were only able to bind full-length BICD2. The BICD2 cargo binding domain was therefore necessary but not sufficient for interaction with HOPS components. In addition, contrary to our initial hypothesis that VPS41 was the direct binding partner between BICD2 and the HOPS complex, BICD2 retained its interaction with VPS16 and VPS18 in cells depleted of VPS41. This suggests that BICD2 likely recognizes a domain or motif present in several HOPS proteins. We attempted to use Alphafold2 multimer to predict the relevant domain within HOPS proteins that interact with BICD2. Although Alphafold2 was able to generate a high confidence prediction of the interaction site between BICD2 and RAB6A, consistent with published results (Zhao et al., 2024), it failed to produce a high confidence prediction for the BICD2-HOPS complex interaction (data not shown). Thus, although we were able to validate the in vivo association between BICD2 and VPS41, VPS16, and VPS18, we are not able to conclude whether BICD2 is capable of directly interacting with these proteins. To the best of our knowledge, this is the first example of BICD2 interacting proteins that display this binding characteristic. The ScaC protein from the intracellular pathogen Orientia tsutsugamushi was recently also shown to interact with BICD2, and although the binding site of ScaC was different from that used by RANBP2 or RAB6A, it was still able to interact with the isolated cargo binding domain of BICD2 (Manigrasso et al., 2025).

    Another unusual aspect of the BICD2-HOPS complex interaction is that it does not appear to be linked to dynein-mediated trafficking. Depletion of dynein heavy chain resulted in the peripheral distribution of GFP-VPS41 and LAMP1 vesicles, indicative of a reduction in minus end transport, and a net gain in plus end directed transport. By contrast, depletion of BICD2 resulted in the perinuclear accumulation of lysosomal vesicles that were mostly immotile. Interestingly, however, overexpression of BICD2 caused the outward spreading of LAMP1 vesicles, a process that depends on KIF5B (Guardia et al., 2016). Previous studies have shown that BICD2 is also able to interact with KIF5B via a central coiled coil domain (Grigoriev et al., 2007; Hoogenraad and Akhmanova, 2016). A recent report suggests that Drosophila BicD is capable of interacting with and activating the motility of Kinesin-1, the fly homolog of KIF5B (Ali et al., 2025). Consistent with the notion that BICD2 might link late endosomal vesicles with KIF5B, depletion of KIF5B in BICD2 overexpressing cells restored the normal localization of LAMP1 vesicles. Additional studies will be required to determine whether BICD2 is capable of directly interacting with these vesicles and whether these vesicles are directly linked to KIF5B by BICD2.

    The motility of LAMP1 vesicles has some similarity to the transport of RAB6A exocytic vesicles. RAB6A vesicles are transported from the area of the Golgi towards the cell periphery in a KIF5B-dependent manner, and loss of either kinesin-1 or dynein results in a sharp reduction in the number of motile particles (Grigoriev et al., 2007). In addition, mutations in BICD2 that compromise binding to RAB6A also result in vesicles that are largely immotile (Zhao et al., 2024). Thus, in the case of LAMP1 and RAB6A vesicles, instead of resulting in an increased rate of minus end transport, loss of BICD2 results in compromised vesicle motility, indicating that coordination between opposite polarity motors is critical for their motility.

    As noted earlier, mutations in the CC1 region of BICD2 hyperactivate dynein (Huynh and Vale, 2017). Our findings indicate that this property is also shared by BICD2_R694C and BICD2_R747C, mutations present within the C-terminal cargo binding domain. In the absence of cargo, BICD2 is thought to exist in an inhibited conformation due to intramolecular interactions between the N and C termini of the protein (Figure 1B; Liu et al., 2013; Terawaki et al., 2015; Wharton and Struhl, 1989). Cargo binding to the C-terminus of BICD2 counteracts the intramolecular interaction, enabling N-terminal residues within BICD2 to bind the dynein/dynactin complex (Goldman et al., 2019; Huynh and Vale, 2017; Liu et al., 2013; McClintock et al., 2018; Sladewski et al., 2018). How might mutations in BICD2 result in dynein hyperactivation? One possibility is that these mutations disrupt the autoinhibited state of BICD2, effectively causing BICD2 to be present in a more open and uninhibited conformation that promotes dynein/dynactin binding. Molecular dynamics simulations suggest that the R747C substitution causes a registry shift in the coiled coil, likely destabilizing this domain and thus disrupting the intramolecular interaction between the N and C termini of BICD2 (Cui et al., 2020). Another possibility is that the hyperactivation of dynein results in reduced binding between BICD2 and KIF5B. Our results are consistent with this scenario and suggest that the net effect of dynein hyperactivity results in three molecular changes; reduced intramolecular BICD2 interaction, increased interaction between BICD2 and dynein, and reduced interaction between BICD2 and KIF5B.

    In addition to hyperactivating dynein, all three mutations, including BICD2_N188T, alter the BICD2 interactome. This finding was unexpected for BICD2_N188T because this mutation is not within the cargo binding domain. One possible explanation for this phenotype is that BICD2_N188T is present in a more open conformation, and this change affects its binding properties. Another possibility that is not mutually exclusive is that the different binding profile results from the altered localization of BICD2_N188T within the cell. In comparison to wild-type BICD2, we generally observed greater centrosomal enrichment of BICD2_N188T. In comparing the three mutants, the general trend was that more proteins displayed a reduced interaction with the SMALED2 mutants in comparison to wild-type BICD2. Among the three mutants analyzed, BICD2_R747C displayed the most drastically altered interactome. This mutant displayed reduced association with RANBP2, importin beta, and HOPS complex components. Interestingly, this mutant also displayed numerous gain-of-function interactions. For instance, although minimal binding was observed between wild-type BICD2 and GRAMD1A, this protein abundantly interacted with BICD2_R747C. GRAMD1A is involved in non-vesicular transport of accessible cholesterol from the plasma membrane to the ER and is often concentrated at sites of plasma membrane-ER contact (Besprozvannaya et al., 2018; Sandhu et al., 2018). However, in cells expressing BICD2_R747C, this localization pattern was disrupted and GRAMD1A co-localized with BICD2_R747C adjacent to the centrosome.

    The GRAMD1 family consists of three isoforms: GRAMD1A, GRAMD1B, and GRAMD1C. Interestingly, our interactome analysis only identified GRAMD1A as a gain-of-function interaction partner with BICD2_R747C. It is unclear whether GRAMD1B and GRAMD1C also interact with BICD2_R747C. However, given that GRAMD1 proteins can form hetero oligomers (Naito et al., 2019), the BICD2_R747C-induced mislocalization of GRAMD1A could potentially affect the distribution of other GRAMD1 isoforms as well. The GRAMD1 proteins function to sense excess accessible cholesterol in the plasma membrane and to mediate the transport of this cholesterol to the ER. This reduces the rate of new cholesterol synthesis by the ER, enabling the cell to maintain cholesterol homeostasis (Sandhu et al., 2018). It will be interesting to determine whether endogenous GRAMD1A is mislocalized in motor neurons of SMALED2 patients with the BICD2_R747C mutation, and if this results in an expanded accessible pool of cholesterol at the plasma membrane.

    A recent study by Yi and colleagues examined the effect of the BICD2_R694C mutation on cargo binding (Yi et al., 2023). Using in vitro experiments, they found that this mutation enhanced RANBP2 binding while having no effect on NESPRIN-2 binding (Yi et al., 2023). Our results using full-length BICD2 are consistent with this finding. We also observed slightly higher binding of BICD2_R694C to RANBP2. However, due to experimental variability, the increase was not statistically significant. The authors also examined cargo binding using a BICD2 double mutant (F743I/R747C). Consistent with our results, this mutant displayed greatly reduced binding to RANBP2, but bound NESPRIN-2 at a much higher level than the wild-type protein (Yi et al., 2023). NESPRIN-2 was not identified as an interacting partner in our study for the wild-type protein or the BICD2_R747C mutant, possibly due to its low expression level in HEK293 cells. Nevertheless, these findings, along with our interactome analysis, indicate that mutations in the cargo binding domain of BICD2 can result in loss- and gain-of-function interactions.

    In conclusion, our study is the first to comprehensively examine the interactome of wild-type BICD2 and to identify changes that occur in SMALED2 linked mutant alleles of BICD2. We find that not only are mutations within the cargo binding domain associated with interactome changes, but these mutations are also capable of hyperactivating dynein. Some limitations of this study are worth noting. In the current study, we chose to determine the BICD2 interactome in HEK FLP-In cells (embryonic kidney cells). These cells were chosen because they enabled us to precisely integrate wild-type and mutant alleles of BICD2 at a specific locus. It also enabled us to expand cultures of these cells to levels that were sufficient for proteomic analysis. However, the main cell type affected in patients with SMALED2 is motor neurons. Primary motor neurons are harder to culture to scale and to genetically manipulate to express the desired wild-type or mutant BICD2 transgenes. Thus, although motor neurons were not used in our study, the next significant challenge will be to perform these types of experiments using motor neurons. In addition, although our study identified interactome changes between wild-type and mutant alleles of BICD2, we cannot conclude whether these changes are causative for the symptoms associated with SMALED2. Patients diagnosed with this disorder display a range of symptoms, from relatively mild to more severe (Frasquet et al., 2020; Koboldt et al., 2020). Even patients with the same genetic mutation can display a range of phenotypes (Storbeck et al., 2017). Furthermore, disease symptoms can result from one or two interactome changes that are critical for the health of motor neurons. Alternatively, symptoms might also be caused by many small changes in the interactome that cumulatively affect the health of motor neurons. Lastly, because SMALED2 is an autosomal dominant disorder, patients express wild-type and mutant versions of BICD2 in the same cell. Thus, to accurately model this disorder, studies will need to be conducted in motor neurons that are genetically edited to express disease-associated mutations in a heterozygous state.

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  • Mr Men Little Miss feature film in the works from Paddington producers | Family films

    Mr Men Little Miss feature film in the works from Paddington producers | Family films

    The film-makers behind the successful Paddington series are to embark on a feature film adaptation of another British family favourite, the Mr Men and Little Miss series of illustrated children’s books.

    David Heyman, whose Heyday Films produced…

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