diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 96501106b6f6e..102cfe6531863 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,4 +1,4 @@
 {
   ".": "3.1.1",
-  "operator": "0.6.2"
+  "operator": "0.7.0"
 }
diff --git a/operator/CHANGELOG.md b/operator/CHANGELOG.md
index 7727779251bcc..6036089057de7 100644
--- a/operator/CHANGELOG.md
+++ b/operator/CHANGELOG.md
@@ -1,5 +1,40 @@
 ## Main
 
+## [0.7.0](https://github.com/grafana/loki/compare/operator/v0.6.2...operator/v0.7.0) (2024-10-29)
+
+
+### ⚠ BREAKING CHANGES
+
+* **operator:** Provide default OTLP attribute configuration ([#14410](https://github.com/grafana/loki/issues/14410))
+* **operator:** Rename loki api go module ([#14568](https://github.com/grafana/loki/issues/14568))
+* **operator:** Migrate project layout to kubebuilder go/v4 ([#14447](https://github.com/grafana/loki/issues/14447))
+
+### Features
+
+* **operator:** Declare feature FIPS support for OpenShift only ([#14308](https://github.com/grafana/loki/issues/14308)) ([720c303](https://github.com/grafana/loki/commit/720c3037923c174e71a02d99d4bee6271428fbdb))
+* **operator:** introduce 1x.pico size ([#14407](https://github.com/grafana/loki/issues/14407)) ([57de81d](https://github.com/grafana/loki/commit/57de81d8c27e221832790443cebaf141353c3e3f))
+* **operator:** Provide default OTLP attribute configuration ([#14410](https://github.com/grafana/loki/issues/14410)) ([1b52387](https://github.com/grafana/loki/commit/1b5238721994c00764b6a7e7d63269c5b56d2480))
+* **operator:** Update Loki operand to v3.2.1 ([#14526](https://github.com/grafana/loki/issues/14526)) ([5e970e5](https://github.com/grafana/loki/commit/5e970e50b166e73f5563e21c23db3ea99b24642e))
+* **operator:** User-guide for OTLP configuration ([#14620](https://github.com/grafana/loki/issues/14620)) ([27b4071](https://github.com/grafana/loki/commit/27b40713540bd60918780cdd4cb645e6761427cb))
+
+
+### Bug Fixes
+
+* **operator:** Add missing groupBy label for all rules on OpenShift ([#14279](https://github.com/grafana/loki/issues/14279)) ([ce7b2e8](https://github.com/grafana/loki/commit/ce7b2e89d9470e4e6a61a94f2b51ff8b938b5a5e))
+* **operator:** correctly ignore again BlotDB dashboards ([#14587](https://github.com/grafana/loki/issues/14587)) ([4879d10](https://github.com/grafana/loki/commit/4879d106bbeea29e331ddb7c9a49274600190032))
+* **operator:** Disable automatic discovery of service name ([#14506](https://github.com/grafana/loki/issues/14506)) ([3834c74](https://github.com/grafana/loki/commit/3834c74966b307411732cd3cbaf66305008b10eb))
+* **operator:** Disable log level discovery for OpenShift tenancy modes ([#14613](https://github.com/grafana/loki/issues/14613)) ([5034d34](https://github.com/grafana/loki/commit/5034d34ad23451954ea2459c341456da8d93d020))
+* **operator:** Fix building the size-calculator image ([#14573](https://github.com/grafana/loki/issues/14573)) ([a79b8fe](https://github.com/grafana/loki/commit/a79b8fe7802964cbb96bde75a7502a8b1e8a23ab))
+* **operator:** Fix make build target for size-calculator ([#14551](https://github.com/grafana/loki/issues/14551)) ([e727187](https://github.com/grafana/loki/commit/e727187ec3be2f10c80e984d00c40dad0308b036))
+* **operator:** Move OTLP attribute for statefulset name to stream labels ([#14630](https://github.com/grafana/loki/issues/14630)) ([5df3594](https://github.com/grafana/loki/commit/5df3594f791d77031c53d7b0f5b01191de8a23f2))
+* **operator:** Use empty initiliazed pod status map when no pods ([#14314](https://github.com/grafana/loki/issues/14314)) ([6f533ed](https://github.com/grafana/loki/commit/6f533ed4386ee2db61680a9021934bfe9a9ba749))
+
+
+### Code Refactoring
+
+* **operator:** Migrate project layout to kubebuilder go/v4 ([#14447](https://github.com/grafana/loki/issues/14447)) ([dbb3b6e](https://github.com/grafana/loki/commit/dbb3b6edc96f3545a946319c0324518800d286cf))
+* **operator:** Rename loki api go module ([#14568](https://github.com/grafana/loki/issues/14568)) ([976d8ab](https://github.com/grafana/loki/commit/976d8ab81c1a79f35d7cec96f6a9c35a9947fa48))
+
 ## [0.6.2](https://github.com/grafana/loki/compare/operator/v0.6.1...operator/v0.6.2) (2024-09-11)