diff --git a/VERSION b/VERSION
index 0ef852b5..e3dd856f 100644
--- a/VERSION
+++ b/VERSION
@@ -1,2 +1,2 @@
-VERSION=1.15.0
+VERSION=1.16.0
 REVISION=dev.1
diff --git a/prometheus-podman-exporter.spec.rpkg b/prometheus-podman-exporter.spec.rpkg
index d64a692b..f282d337 100644
--- a/prometheus-podman-exporter.spec.rpkg
+++ b/prometheus-podman-exporter.spec.rpkg
@@ -16,7 +16,7 @@
 %global git0 https://%{import_path}
 
 Name: prometheus-podman-exporter
-Version: 1.15.0
+Version: 1.16.0
 Release: dev.1%{?dist}
 Summary: Prometheus exporter for podman environment.
 License: ASL 2.0
@@ -92,7 +92,17 @@ popd
 
 
 %changelog
-* Sat Dec 14 2024 Navid Yaghoobi <navidys@fedoraproject.org> 1.15.0-dev-1
+* Sat Mar 01 2025 Navid Yaghoobi <navidys@fedoraproject.org> 1.16.0-dev-1
+
+* Sat Mar 01 2025 Navid Yaghoobi <navidys@fedoraproject.org> 1.15.0
+- Bump github.com/containers/podman/v5 to v5.4.0
+- Bump github.com/containers/image/v5 to v5.34.0
+- Bump github.com/containers/common to v0.61.0
+- Bump github.com/spf13/cobra from to 1.9.1
+- Bump github.com/prometheus/exporter-toolkit to 0.14.0
+- Bump github.com/prometheus/client_golang to 1.21.0
+- README.md update
+- Bugfix for event reader after podman service is restarted
 
 * Sat Dec 14 2024 Navid Yaghoobi <navidys@fedoraproject.org> 1.14.0-1
 - Podman update to v5.3.1