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 8,
1999, relating to the combined balance sheets of the Caltex Group of Companies
as of December 31, 1998 and 1997 and the related combined statements of income,
comprehensive income, stockholders' equity and cash flows for each of the years
in the three-year period ended December 31, 1998, which report appears in Texaco
Inc.'s Annual Report on Form 10-K for the year ended December 31, 1998 and to
the reference to our firm under the heading "Experts" in the prospectus.
    
 
   
                                              KPMG LLP
Dallas, Texas
April 9, 1999