ENERGY

Tenneco, Questar Scuttle Pipeline Deal: Houston-based Tenneco Inc. scuttled plans to sell its half-interest in a natural gas pipeline to Questar Corp. after the Federal Trade Commission objected to the deal, the company said. The FTC threatened to seek a court order blocking Questar from acquiring Tenneco’s 50% stake in the Kern River pipeline because of antitrust concerns. Salt Lake City-based Questar in September agreed to pay $225 million for Tenneco Energy’s half-interest in the 904-mile pipeline, which delivers 700 million cubic feet of natural gas a day to California and Nevada. Instead of challenging the FTC decision in court, Tenneco will reopen bidding on the pipeline stake. The remaining half-interest in the pipeline is owned by Williams Cos.