TC Energy, the North American natural gas pipelines operator, reported record results with rising earnings from US and Mexican pipelines amid the completion of the Coastal GasLink to LNG Canada in the province of British Columbia.

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Enbridge Inc, the Canadian-based pipelines and energy company, swung to a fourth-quarter profit from a previous loss and more than doubled annual profits as pipeline natural gas and liquids distributions increased amid the purchase of a gas utilities portfolio.

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TC Energy, the North American pipeline company, said it was working with the Royal Dutch Shell-led LNG Canada project on a revised timetable and budget because of Covid-19 delays while boosting US Gulf Coast LNG feed-gas supplies as it posted first-quarter losses after the cancellation of the Keystone XL oil pipeline.

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