It was never a matter of the engine. It's about the hardware limitations of consoles. The next
next gen consoles are still an unknown, but making it for PS3/360 is going to hamstring it. Sure the PC version might get some higher res textures, but that's about it.
As to the article, a few popped up after a Facebook post about it, but somehow that old one also got mixed in with the list I saw. Here's a more relevant one - http://www.eurogamer.net/articles/20...book-page-says
LA have since disputed its veracity.