diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7a0265c67f..38c594852d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,16 @@
+## 6.16.0 (Unreleased)
+
+### Added
+- Support for ESP & ICMP traffic support in NLB
+- override_existing flag for container_engine.addon resource
+- Support for Extending LBaaS to send traffic to gRPC backends
+- Support to return the generated secret in response
+- Support for 	Model Version Set - DataScience BugFix
+- pdated resource scheduler public documentation
+### Bug Fix
+- Updated oci_core_instance_pool resource to allow unordered attach/detach operationsupdating tests to generate reports for Acceptance and Backward compatibility
+- Fix Audit and SQL Firewall bugs - DataSafe
+
 ## 6.15.0 (October 23, 2024)
 
 ### Added
diff --git a/internal/globalvar/version.go b/internal/globalvar/version.go
index 0aa62503d3..03d91730e4 100644
--- a/internal/globalvar/version.go
+++ b/internal/globalvar/version.go
@@ -7,9 +7,9 @@ import (
 	"log"
 )
 
-const Version = "6.15.0"
+const Version = "6.16.0"
 
-const ReleaseDate = "2024-10-28"
+const ReleaseDate = "2024-10-30"
 
 func PrintVersion() {
 	log.Printf("[INFO] terraform-provider-oci %s\n", Version)