diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..89720bc
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,106 @@
+# Change Log
+All notable changes to this project will be documented in this file.
+This project adheres to [yob](https://github.com/yob/db2fog) and [itbeaver](http://itbeaver.co).
+
+## [Unreleased]
+### Added
+- Support ruby version >= 2.0 and rails (active_record) verison >=3.2.0 && <5.0 
+
+## [0.8.0] - 2012-06-18
+### Added
+- Support configurable database names when restoring
+
+## [0.7.0] - 2011-11-03
+
+## [0.6.0] - 2011-10-24
+### Added
+- Support for postgresql 8
+
+## [0.5.4] - 2011-10-17
+### Fixed
+- Only clean files that were created by db2fog
+
+## [0.5.3] - 2011-10-12
+### Added
+- Improve robustness of clean task
+
+## [0.5.2] - 2011-09-15
+### Fixed
+- Fix restoring of postgresql databases (thanks Dan Neighman)
+
+## [0.5.1] - 2011-08-29
+### Added
+- Relax fog dependency to allow higher versions
+
+## [0.5.0] - 2011-08-06
+### Added
+- Initial postgresql support
+
+### Fixed
+- Fix an encoding issue under 1.9
+
+### Removed
+- Removed the statistics rake task
+
+## [0.4.2] - 2011-07-24
+### Fixed
+- Fixed recording of most recent backup
+
+### Removed
+- Remove runtime dependency on mysql2
+
+## [0.4.1] - 2011-07-23
+### Fixed
+- Fixed cleaning of old backups
+
+## [0.4.0] - 2011-07-22
+### Added
+- Forked db2s3 into db2fog
+
+## [0.3.1] - 2009-12-07
+### Fixed
+- Fixed hardcoded DB name in statistics task
+
+## [0.3.0] - 20090-12-06
+### Added
+- Added db2s3:backup:clean task to delete old backups
+- Added dependency on activesupport for the clean task
+
+## [0.2.6] - 2009-12-06
+### Added
+- Add statistics task to show you the size of your tables
+- Only add username to mysql command line if provided in database.yml
+
+### Removed
+- Remove metrics task, since it was far too inaccurate
+
+## [0.2.5]
+### Added
+- Use host provided in database.yml
+
+## [0.2.4] - 2009-10-02
+### Fixed
+- Fix credentials bug
+
+## 0.2.3
+### Added
+- Keep old backups around
+
+[Unreleased]: https://github.com/itbeaver/db2fog/compare/v0.8.0...HEAD
+[0.8.0]: https://github.com/itbeaver/db2fog/compare/v0.7.0...0.8.0
+[0.7.0]: https://github.com/itbeaver/db2fog/compare/v0.6.0...0.7.0
+[0.6.0]: https://github.com/itbeaver/db2fog/compare/v0.5.4...0.6.0
+[0.5.4]: https://github.com/itbeaver/db2fog/compare/v0.5.3...0.5.4
+[0.5.3]: https://github.com/itbeaver/db2fog/compare/v0.5.2...0.5.3
+[0.5.2]: https://github.com/itbeaver/db2fog/compare/v0.5.1...0.5.2
+[0.5.1]: https://github.com/itbeaver/db2fog/compare/v0.5.0...0.5.1
+[0.5.0]: https://github.com/itbeaver/db2fog/compare/v0.4.2...0.5.0
+[0.4.2]: https://github.com/itbeaver/db2fog/compare/v0.4.1...0.4.2
+[0.4.1]: https://github.com/itbeaver/db2fog/compare/v0.4.0...0.4.1
+[0.4.0]: https://github.com/itbeaver/db2fog/compare/v0.3.1...0.4.0
+[0.3.1]: https://github.com/itbeaver/db2fog/compare/v0.3.0...0.3.1
+[0.3.0]: https://github.com/itbeaver/db2fog/compare/v0.2.6...0.3.0
+[0.2.6]: https://github.com/itbeaver/db2fog/compare/v0.2.5...0.2.6
+[0.2.5]: https://github.com/itbeaver/db2fog/compare/v0.2.4...0.2.5
+[0.2.4]: https://github.com/itbeaver/db2fog/compare/v0.2.3...0.2.4
+
diff --git a/HISTORY b/HISTORY
deleted file mode 100644
index 7fa0d8e..0000000
--- a/HISTORY
+++ /dev/null
@@ -1,36 +0,0 @@
-v0.6.0 (24th October 2011)
-  - Support for postgresql 8
-v0.5.4 (17th October 2011)
-  - only clean files that were created by db2fog
-v0.5.3 (12th October 2011)
-  - improve robustness of clean task
-v0.5.2 (15th September 2011)
-  - fix restoring of postgresql databases (thanks Dan Neighman)
-v0.5.1 (29th August 2011)
-  - relax fog dependency to allow higher versions
-v0.5.0 (6th August 2011)
-  - initial postgresql support
-  - removed the statistics rake task
-  - fix an encoding issue under 1.9
-v0.4.2 (24th July 2011)
-  - fixed recording of most recent backup
-  - remove runtime dependency on mysql2
-v0.4.1 (23rd July 2011)
-  - fixed cleaning of old backups
-v0.4.0 (22nd July 2011)
-  - forked db2s3 into db2fog
-0.3.1 (7 Dec 2009)
-  - Fixed hardcoded DB name in statistics task
-0.3.0 (6 Dec 2009)
-  - Added db2s3:backup:clean task to delete old backups
-  - Added dependency on activesupport for the clean task
-0.2.6 (6 Dec 2009)
-  - Remove metrics task, since it was far too inaccurate
-  - Add statistics task to show you the size of your tables
-  - Only add username to mysql command line if provided in database.yml
-0.2.5
-  - Use host provided in database.yml
-0.2.4 (2 Sep 2009)
-  - Fix credentials bug
-0.2.3
-  - Keep old backups around
diff --git a/db2fog.gemspec b/db2fog.gemspec
index bdf58e8..b5d11bf 100644
--- a/db2fog.gemspec
+++ b/db2fog.gemspec
@@ -10,10 +10,11 @@ Gem::Specification.new do |s|
   s.rdoc_options      << "--title" << "DB2Fog" << "--line-numbers"
   s.files             = Dir.glob("lib/**/*") + ["README.rdoc", "HISTORY"]
   s.required_rubygems_version = ">=1.3.2"
-  s.required_ruby_version = ">=1.8.7"
+  s.required_ruby_version = ">=2.0.0"
+
+  s.add_dependency("rails", ['>=3.2.0', '<5.0'])
+  s.add_dependency("activerecord", ['>=3.2.0', '<5.0'])
 
-  s.add_dependency("rails", "~> 4.0")
-  s.add_dependency("activerecord", "~> 4.0")
   s.add_dependency("fog", "~> 1.0")
 
   s.add_development_dependency("rake")