ENERGY

Hondo Oil Losses Slow, Lonrho Debt Restructured: The Roswell, N.M.-based company run by former Arco Chairman Robert O. Anderson said its loss from continuing operations for the fiscal year ended Sept. 30 slowed to $8 million, or 62 cents a share, from $8.7 million, or 67 cents, a year earlier. The company also said that Lonrho, its principal lender, had agreed to extend until Oct. 1, 1996, the maturity of its $78 million in loans to Hondo. Speculation circulated that Lonrho would sell its interest in Hondo after the recent ouster of Lonrho CEO Roland W. Rowland.