diff --git a/.gitignore b/.gitignore
index 9d449bb..5bb4f27 100644
--- a/.gitignore
+++ b/.gitignore
@@ -4,3 +4,5 @@ SOURCES/tevent.keyring
 /tevent.keyring
 /tevent-0.14.1.tar.asc
 /tevent-0.14.1.tar.gz
+/tevent-0.16.0.tar.asc
+/tevent-0.16.0.tar.gz
diff --git a/libtevent.spec b/libtevent.spec
index 4ef09ba..8a01d43 100644
--- a/libtevent.spec
+++ b/libtevent.spec
@@ -4,11 +4,11 @@
 %bcond_with python3
 %endif
 
-%global talloc_version 2.3.4
+%global talloc_version 2.4.1
 
 Name: libtevent
-Version: 0.14.1
-Release: 3%{?dist}
+Version: 0.16.0
+Release: 0%{?dist}
 Summary: The tevent library
 License: LGPL-3.0-or-later
 URL: http://tevent.samba.org/
@@ -107,6 +107,9 @@ cp -a doc/man/man3 %{buildroot}%{_mandir}
 %ldconfig_scriptlets
 
 %changelog
+* Fri Nov 17 2023 Pavel Filipenský <pfilipen@redhat.com> - 0.16.0-0
+- resolves: RHEL-16504 - update to version 0.16.0
+
 * Tue Jun 06 2023 Pavel Filipenský <pfilipen@redhat.com> - 0.14.1-3
 - resolves: rhbz#2190425 - Rebuild to trigger distrobaker sync
 
diff --git a/sources b/sources
index 858c574..00a7d25 100644
--- a/sources
+++ b/sources
@@ -1,3 +1,3 @@
-SHA512 (tevent-0.14.1.tar.asc) = 92f8788e0790859f9134ac99bfdf879feaf1bacd27d10c2764a773a79b90fef78437ae760631ff44f55c86f3282b4b91700db944692bbfb556c80aa4a4ec40b7
-SHA512 (tevent-0.14.1.tar.gz) = 0bcc87c10f84e947edad8f8c31f3923253c599b7a69a1db1c21ab292e02937ccb8bad9f0f70e27420ead687aaed1a9b3830b6daa903b8a9bd48cc035a6e5f4ec
+SHA512 (tevent-0.16.0.tar.asc) = a610065f1e1068c49065da7087479a85ef33d292d216e5d440b458a6c42a226c08f3b3d649dc07aeab3a7b3fd8de8ad7cd14422525e108d2bf292b287290650d
+SHA512 (tevent-0.16.0.tar.gz) = 33da45f4529de8d77cdfd47d3633ebcb7aa185f84a04b3faace7c34f427d6863898d6a88815899770ed468238b85fb783c50fb30fa3d6a15f049295100ead64f
 SHA512 (tevent.keyring) = 7dbdf9e20ee0c7d38ea7d475054792313666a81b496f7fef9218e20d41355a4c2fd61e273cfd527dee24637368eda0c2456f98b386cbcd4901322ea9a5e8fb1d