ENERGY

Petrolane Suitor Backs Off: Petrolane Gas Service Ltd. Partnership, the nation’s leading propane distributor, said its finances are deteriorating and a group that considered buying a major stake in the company backed out. QFB Partners, the owner of Petrolane, said the buyout concern Clayton & Dubilier Inc. had planned to restructure Petrolane’s business. Petrolane’s financial results late this year don’t meet the requirements for the plan, the companies said. No specifics were provided.