NEW YORK (Nov. 3, 2014) – According to a new report by Moody’s Investors Service, significant capacity additions in the Middle East, capacity creep in North America and moderate capacity additions in Latin America mean refiners in North America and Europe, the Middle East and Africa (EMEA) will not see their refining margins expand next year.

SURREY, B.C., Canada (Nov. 2, 2014) – Canadian engineer, Ray Roussy, will be inducted into the International Mining Technology Hall of Fame for his development and commercialization of sonic drilling technology.

“I’m absolutely delighted to be recognized by my peers in this manner,” says Roussy, who is president of the Sonic Drill Corporation and Sonic Drilling Ltd. “Sonic drilling technology has been my life’s work, and I’m thrilled with this honor.”