Academy awards for outstanding film achievements of 2006 will be presented on Sunday, February 25, 2007, at the Kodak theatre at Hollywood & highland center, and televised live by the ABC television network at 5 p.m. PST (8 p.m. EST), beginning with a half-hour arrivals segment, “The Road to The Oscars.” Babel is nominated for seven Oscars, including Best Picture. Nominations By Category - 79th Awards