diff --git a/294319.patch b/294319.patch
deleted file mode 100644
index dbe57bc..0000000
--- a/294319.patch
+++ /dev/null
@@ -1,47 +0,0 @@
-From e1f6b50e194d0da8fec4510acfe3a08d37a3736b Mon Sep 17 00:00:00 2001
-From: "Steven Rostedt (VMware)" <rostedt@goodmis.org>
-Date: Wed, 23 Dec 2020 10:31:24 -0500
-Subject: [PATCH] libtracefs: Do not show the full version in the library
- SONAME
-
-The SONAME of the library should point to the same object as the
-libtracefs.so does. Since the soft link libtracefs.so points to
-libtracefs.so.1, then so should the SONAME of the executable.
-
-Reported-by:  Jan Engelhardt <ej+bko@inai.de>
-Bugzilla: https://bugzilla.kernel.org/show_bug.cgi?id=210875
-Signed-off-by: Steven Rostedt (VMware) <rostedt@goodmis.org>
----
- scripts/utils.mk | 2 +-
- src/Makefile     | 2 +-
- 2 files changed, 2 insertions(+), 2 deletions(-)
-
-diff --git a/scripts/utils.mk b/scripts/utils.mk
-index 7742e19..32a9b3c 100644
---- a/scripts/utils.mk
-+++ b/scripts/utils.mk
-@@ -56,7 +56,7 @@ do_build_static_lib =				\
- 
- do_compile_shared_library =			\
- 	($(print_shared_lib_compile)		\
--	$(CC) --shared $^ '-Wl,-soname,$(@F),-rpath=$$ORIGIN' -o $@ $(LIBS))
-+	$(CC) --shared $^ '-Wl,-soname,$(1),-rpath=$$ORIGIN' -o $@ $(LIBS))
- 
- do_compile_plugin_obj =				\
- 	($(print_plugin_obj_compile)		\
-diff --git a/src/Makefile b/src/Makefile
-index 52f17af..3f64905 100644
---- a/src/Makefile
-+++ b/src/Makefile
-@@ -17,7 +17,7 @@ $(LIBTRACEFS_STATIC): $(OBJS)
- 	$(Q)$(call do_build_static_lib)
- 
- $(LIBTRACEFS_SHARED): $(OBJS)
--	$(Q)$(call do_compile_shared_library)
-+	$(Q)$(call do_compile_shared_library,$(notdir $(LIBTRACEFS_SHARED_VERSION)))
- 
- $(LIBTRACEFS_SHARED_VERSION): $(LIBTRACEFS_SHARED)
- 	@ln -sf $(<F) $@
--- 
-2.25.4
-
diff --git a/libtracefs-1.0.0.tar.gz b/libtracefs-1.0.0.tar.gz
deleted file mode 100644
index eb11d2f..0000000
--- a/libtracefs-1.0.0.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:e733d419a5bd4c2da993094e81ba59df1f07a553ce7aa36143b55cbea75ed293
-size 39495
diff --git a/libtracefs-1.2.0.tar.gz b/libtracefs-1.2.0.tar.gz
new file mode 100644
index 0000000..f3d2966
--- /dev/null
+++ b/libtracefs-1.2.0.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:2a0ae8313c4530fca2dea17451c67f49b2703fc4c1a009ff9c71086c2ab8f900
+size 62224
diff --git a/libtracefs.changes b/libtracefs.changes
index 594e7d5..c6d0a97 100644
--- a/libtracefs.changes
+++ b/libtracefs.changes
@@ -1,3 +1,14 @@
+-------------------------------------------------------------------
+Fri May 14 15:06:28 UTC 2021 - Dario Faggioli <dfaggioli@suse.com>
+
+- Update to new upstream version (1.2.0)
+
+-------------------------------------------------------------------
+Mon May 10 08:03:05 UTC 2021 - Dario Faggioli <dfaggioli@suse.com>
+
+- update to new upstream version (1.1.2)
+- drop patch 294319.patch (already present upstream)
+
 -------------------------------------------------------------------
 Tue Dec 22 19:28:57 UTC 2020 - Jan Engelhardt <jengelh@inai.de>
 
diff --git a/libtracefs.spec b/libtracefs.spec
index 5e83f10..907d8da 100644
--- a/libtracefs.spec
+++ b/libtracefs.spec
@@ -18,14 +18,13 @@
 
 Name:           libtracefs
 %define lname   libtracefs1
-Version:        1.0.0
+Version:        1.2.0
 Release:        0
 Summary:        Linux kernel trace file system library
 License:        LGPL-2.1-only
 Group:          Development/Libraries/C and C++
 URL:            https://git.kernel.org/pub/scm/libs/libtrace/libtracefs.git/
-Source:         https://git.kernel.org/pub/scm/libs/libtrace/libtracefs.git/snapshot/libtracefs-%version.tar.gz
-Patch1:         294319.patch
+Source:         https://git.kernel.org/pub/scm/libs/libtrace/%{name}.git/snapshot/%{name}-%version.tar.gz
 BuildRequires:  pkgconfig(libtraceevent)
 BuildRequires:  pkg-config
 BuildRequires:  xz