EXHIBIT 23.3
    
 
   
                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
    
 
   
Texaco Inc.
Texaco Capital Inc.
Caltex Group of Companies:
    
 
   
We consent to the incorporation by reference in the Registration Statement on
Form S-3 of Texaco Inc. and Texaco Capital Inc. of our report dated February 9,
1998, relating to the combined balance sheets of the Caltex Group of Companies
as of December 31, 1997 and 1996 and the related combined statements of income,
retained earnings and cash flows for each of the years in the three-year period
ended December 31, 1997, which report appears in Texaco Inc.'s Annual Report on
Form 10-K for the year ended December 31, 1997 and to the reference to our firm
under the heading "Experts" in the prospectus.
    
 
   
                                              KPMG LLP
Dallas, Texas
January 29, 1999