News (text header)

Abraham opens energy firm, The Hill

10/21/05

Former Energy Secretary Spencer Abraham (R-Mich.) announced yesterday the formation of The Abraham Group, a consulting firm specializing in international energy issues. The firm's other principles are Abraham's former Chief of Staff Joe McMo nigle and his former senior advisor Majida Mourad. "Our aim is to help our clients enter and operate in the international energy market," said Abraham, a Republican who also served one term in the U.S. Senate. He lost a re-election bid to current Sen. Debbie Stabenow, a Democrat. Abraham was the longest serving energy secretary in history, holding the position for President Bush's entire first term. During his tenure, the administration released a national energy plan, although Congress did not pass its version until this year, after Abraham left his post. Abraham is also given credit for focusing on the cleanup of international nuclear facilities. The Abraham Group said it expects to announce strategic alliances with a law firm and an investment bank in the near future, but the news release did not name either entity.