Austria’s OMV (OMVV.VI) on Saturday became the latest energy firm to pull back from Russia, saying it would take an anticipated 1.5-1.8 billion euro($1.6-$2.0 billion) hit as it seeks to distance itself from the country after its invasion of Ukraine. “In light of the latest developments, OMV is re-evaluating its engagement in Russia. While Russia has been one of the core regions in OMV’s Exploration & Production portfolio, the Executive Board has taken the decision not to pursue any future investments in Russia,” it said in a statement. The move follows announcements this week by other Western energy rivals. Shell (SHEL.L) , BP and Exxon Mobil (XOM.N) said they plan to exit positions in oil-rich Russia following Moscow’s invasion […]