LUKoil quarterly net adjusted for write-offs beats estimates

    LUKoil, Russia’s second-largest oil producer, said net income dropped 33 percent in the first quarter because of losses on the expected sale of Kazakh assets and write-offs for African projects.     Profit fell to $1.73 billion from $2.58 billion a year earlier, according to the Moscow-based company.     Net income adjusted for the...