ENERGY

Tenneco Restates Earnings, Posts Loss: Tenneco Inc. restated its 1992 results to show a loss of $1.3 billion due to new accounting rules and further restructuring of its long-struggling Case farm and construction equipment division. The industrial conglomerate had previously reported net income of $276 million for 1992, or $1.92 per share, contrasted with a 1991 net loss of $732 million, or $6.09 per share. Tenneco said the Case restructuring will result in a pretax charge of $920 million against its reported 1992 results. In addition, it restated its results to reflect adoption of accounting rules affecting retiree health benefits and income taxes. Tenneco said the cumulative effect of the accounting changes is $699 million, or $4.86 per share.