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                                  UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON D.C. 20549


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                                    FORM 8-K



                                 CURRENT REPORT
                       Pursuant to Section 13 or 15 (d) of
                       the Securities Exchange Act of 1934



                Date of Report (Date of earliest event reported):
                                 March 30, 1998


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                                   TEXACO INC.
             (Exact name of registrant as specified in its charter)



         Delaware                          1-27                 74-1383447
(State or other jurisdiction of       (Commission File       (I.R.S. Employer
       incorporation)                     Number)         Identification Number)



       2000 Westchester Avenue,                                    10650
        White Plains, New York                                   (Zip Code)
(Address of principal executive offices)

                                 (914) 253-4000

              (Registrant's telephone number, including area code)




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Item 5.  Other Events
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1.       On March 30, 1998, Texaco Inc. announced that it will purchase up to $1
         billion of its common stock, subject to market conditions, through open
         market  purchases or  privately  negotiated  transactions.  The company
         recently  completed a program  under which it  purchased  $650  million
         shares of its common stock during the last two years.












                                   SIGNATURES
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Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.








                                                                 TEXACO INC.
                                                           ---------------------
                                                                (Registrant)





                                                      By:       R. E. KOCH
                                                           ---------------------
                                                           (Assistant Secretary)





Date:  April 1, 1998
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