The Globe and Mail reports in its Saturday, Aug. 5, edition that Enbridge says its most recent quarter delivered a profit of $1.8-billion as it reached a settlement with shippers for tolls on its Mainline pipeline system and moved toward proceeding with its Rio Bravo pipeline project. A Canadian Press dispatch to The Globe reports that the Calgary-based pipeline giant says its second quarter profit compared with $450-million a year earlier. Enbridge's first quarter profit amounted to 91 cents a share for the quarter ended June 30. That compared with 22 cents per share in the same quarter a year earlier. On an adjusted basis, Enbridge said it earned 68 cents a share, up from an adjusted profit of 67 cents a share a year earlier. The result matched the average analyst estimate for adjusted profit per share. The company says its financial results come as it reached a 7-1/2-year agreement in principle on its Mainline pipeline that is subject to regulatory approvals.