Penélope Cruz and Daniel Day-Lewis of Nine are featured in the seventh annual NY Times Great Performances Portfolio for 2010. The issue is a photographic celebration of the year’s best performances, and they have chosen actors who stunned and delighted us this past year. It was the February 21, 2010 issue. She was in it last year as well. Coincidentally photographed exclusively on the set of Nine.

A scan from the 2010 Hollywood Portfolio issue has been added to the gallery.

Last year she was photographed with Woody Allen and this year she’s with her idol Pedro Almodóvar. You can also view the photoshoot in this past update.

We’re bringing you live updates of the 82nd Annual Academy Awards, news, pictures and more! Follow this post for the updates and of course our Twitter @penelopecruzorg for all the instant second breaking live updates!

Update #1) Penélope Cruz was just spotted on the red carpet wearing a red dress and an up-do! She was briefly shown on E!’s Live Coverage.

Update #2) Penélope Cruz stood next to her Supporting Actress nominees for the official red carpet on ABC before the big show, where she was gracious and even said even though she’s been there multiple times, she didn’t feel like a vet, that it felt like the first time and when she didn’t speak any English. She also said she is “so happy and proud to be in company of these amazing actresses.”

Update #3) The first (tagged) photo of Pe is available on our twitter, here!

Update #4) Cruz just presented Best Actor in a Supporting Role to Christoph Waltz for Inglourious Basterds. He opened his speech with “Penélope Cruz and an Oscar equals a Bingo.”

Update #5) Penélope is wearing a ravishing red Donna Karan couture duchess satin pleated gown, Chopard jewels and soft updo.

Update #6) The first pictures of our girl are being added to the gallery as we speak. Keep checking back for lots more coverage!

Update #7) Penélope shown in the audience.

Update #8) Not surprisingly, Mo’Nique won Best Actress in a Supporting Role. Pe was shown holding hands in the auidence with Javier Bardem.

Update #9) Penélope is carrying an Haute Couture Folies Clutch with a black strass Swarovski buckle and black stripped ostrich feather work by Roger Vivier.

Update #10) Cruz shown briefly in the audience during the Best Score dance performances.

Update #11) It’s a wrap! Pe didn’t attend any after parties.

Yesterday Pe attended the Press Conference before the Oscars and I have now added pictures. She looked more casual in a black and blue dress, but gorgeous as if we’d expect anything less.

Stay tuned for more Oscar updates. Not only is Cruz nominated but she will be presenting tonight as well.

Penélope Cruz, Daniel Day-Lewis, Marion Cotillard and Rob Marshall were in Paris, France earlier today for the premiere of their film Nine.

Penélope looks absolutely stunning in a ballet pink creation with lace overlay and jeweled shoulders. The dress was by L’Wren Scott Spring 2010 (seems to be one of her favorite designers of late) and it’s train was custom-made for Cruz. The back of the dress looks gorgeous! I especially love Pe’s straight hair and make-up here. She topped off her look with a silver clutch and heels.

The first photos have begun to arrive and I’ve started adding some to the gallery. Hopefully we’ll have more tomorrow.

Scans from the April issue of Elle Spain have been added. It seems to just be a re-print of last year’s NY Times Portfolio, however enjoy nonetheless. Thanks to ‘Keira18′ for the scans.

Held yesterday in the capital of Spain was the 2010 Goya Awards (Spanish equivalent to the Oscars). Penélope Cruz was a nominee for her work in Broken Embraces, however she lost to Lola Duenas for her role in Me, Too. Cruz also served as a presenter at the gala. Javier Bardem was seated next to her in the audience.

Penélope looked exquisite in a vintage Gianni Versace ivory column gown with vertical signature Gianni Versace zippers in the back of the dress. It’s nice to see something other than black which she’s been choosing a lot here lately.

I have updated the gallery with over x128 pictures from the festivities. Watch a video of her on the red carpet after the break.

I previously reported Penélope Cruz would be featured in the upcoming Vanity Fair Hollywood Portfolio for 2010 which is the March issue, and now we have an adorable image and behind the scenes video from the mag. Last year she was photographed with Woody Allen and this year she’s with her idol Pedro Almodóvar.

Frame, Set, and Match
The Romantics
Pedro Almodóvar with Penélope Cruz

Four films together: Live Flesh (1997), All About My Mother (1999), Volver (2006), and Broken Embraces (2009).

Broken Embraces has a valedictory feel to it, or at least it conveys a sense that the 60-year-old Almodóvar—a man for whom it was once compulsory to use the words enfant terrible—is taking stock of his life. The movie is about a filmmaker, cruelly robbed of sight, who recounts to a young man the tragic story of his greatest love: a stunning beauty he rescued from the gilded clutches of kept-womanhood. There are stylistic nods to the 1950s weepie-meister Douglas Sirk and to Michael Powell’s sick-joke movie Peeping Tom. There are glimpses of the movie that the director made with his doomed love, a Day-Glo bauble that harkens back to Almodóvar’s youthful 1980s “wacky” period. And there is Cruz. Almodóvar uses his fractured narrative to frame her in all manner of looks and ways: in a Marilyn wig, in drab secretarial gear, in the Chuck Close–like pixelation of enlarged, super-slo-mo playback … all in the cause of proving that the camera loves her as much as ol’ Pedro does.

Photographed in New York City on December 17, 2009.

Coverage from the 16th Annual Screen Actors’ Guild Awards has been uploaded to the gallery. Pictures from the red carpet, some inside audience shots (some very adorable ones with Drew Barrymore and Meryl Streep to name a few) and caps from the show itself and a brief red carpet video were added. I have also posted the clips below. I wish to thank The Nine Blog for the video from the ceremony. You must check out the super sweet clip I mentioned with Penélope and her Nine ladies!